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COTTON AT LOW PRICES AND SOLUBLE PACIFIC GUANO. It has been said that planters cannot afford to use Guano when Cotton is at present low prices. We propose to show that its use can be dispensed with better when Cotton is 25 cents per lb. than when it brings 124 cents. The profit realized by the planter is exactly the difference between what his Cotton costs per lb. to raise it, and what it nets him in the market. The cost to the planter is governed entirely by the quan tity of Cotton realized from the labor employed and paid for. In other words the cost is governed by the quantity produced per acre. The LABOR employed to cultivate one hundred acres in Cotton, that yields 25 bales, costs the planter precisely the same as though the 100 acres cultivated yielded 50 or 75 bales. If in one ease the product be 25 bales and in another 50, the cost of the Cotton per pound is just double In the former to that of the latter. This is manifestly true. It can be readily perceived, that while at a LOW price for Cotton,a profit could not be made with a pro duct of only 25 bales from 100 acres, the same woul be profitable at 25 to 30 cents per lb. It is equally plain, that, if 25 bales from 100 acres would pay a profit at 25 to 30 cents per lb.,50 bales from 100 acres would pay a profit at 12. to 15 cents per lb. hence if it be true that &luble Pacific Guano, applied at the rate of 200 lbs. per acre, only doubles the crop, (it is shown by incontestible evidence that in average seasons 100 lbs. doubles the crop, and 200 lbs. in creases it three-fold,) a planter can better dispense with its use when Cotton is 25 cents per lb. than when it is 12 to 15 Cents. Let us suppose a ease illustrating the profit arising from the use of the Guano at say 121 cents per Tb. A and B are nei'ghboring planters, each employ labor to plant and cultivate 100 acres, the labor in both cases costing the same : A makes, without the use of Soluble Pacific Guano ................... 25 bales, 500 lbs. 25 bales cotton, 500ls. eacih (, 121e7 e lb. $1,502 :0 13, with use of 200 lbs. Soluble Pacific Guano, per acre, nake:.......... 50 bales, 500 lbs. 50 )al's Cotton, 500 lbs. each 1t2,c. ^) 1). $3,1"25 00 Deduct cobt of Guano, say 10 tons @ $70.. '700 00 $2,l125 00 It will be seen that B realizes, at the low price of Cotton, 8;3 (dlars more from the labor employed than A, w.ho di.1 not apply Guano. We have assumed in this calculation that 200 lb. only doubled the crop, while it will be seen by refer ence to nlumcrous let t-ers from planters, published in another coluln, that the actual increase resulting from this application tihe past season, which has been highly adverse to the favorable act ion of the Guano, has largely exceeded the above estimated result, in all cases where figures are given of eact Vesult8. It is true, if Cotton were 20 cents per lb., the profit arising from the use of t he Guaro would be very much greater, and it cannot be assumed prices will continue so low as at present. It is generally conceded that the present low price of Cotton is caused by the Franco-Prussian war. If this be true, the cause is temporary, and cannot, in the nature of things, continue to affect prices for another crop. .It is the policy of every planter to realize the largest products from the labor employed and the number of acres cultivated, hence, can he afford to dispense 'with an agency which, at a small conpara tivo outlay, per acre, will render the labor employed and paid for, yield double and triple the results 'that would be obtained b)y thte same labor without its use? JOIIN S. REESE & CO. The Price of Soluble Pacific Guano FOR 1871. In response to importunities from all parts of the Southlern States for a rediuction in the p)rice of tis Guano, caused by the p)revailing low price of Cot ton, tile Par/fle Guaw; C'ompany ha:s nuthlorizedl as large a reduction on last year's prlice as cant be alf forded. It must lbe remembered by planlters that tihe market price of Cotton ill no0 way afftets tile cost of tis Guano. Thlis reduction Caln only3 be mafde by reason of increased facilities for p)rodulctionl, and thle generall policy of the Comanly to he Conltent wVith small11 p)rofits, and look to lrge sales5 for a fair re1tur upon capital invested. We trust tile reduIctionl inl price will prove saItis factory to p)lanters. We cannllot malIke comet ition1 ill pi)ce withI many fertilizers pult upon01 the ma1lrket, and pllanters should1( keep in Imnd, that, flhat whichel is low priced is not always cealp, buit often dea rest. It is the policy and inlterest of tIle Pacfic (hiano oum pant, to furnish the( Souit.h with~ tIle best conlcentralted fertilizer that can be plroduced b)y thle combinaItionl and use of' large cash capital, aided by the best sci enitific ability, perfcCtdi by lonIg experience inl tile business. Withl thlese faciliies, tile Company is alblo to bring into malrket a fertilizer possessing tile hligh est excellece1C at the lowest price. T1he Pacific Guano Company 11n1 mnlre than $1,000,000 capital employed In this business, more than one-half of which is invested in works and ther appliances, which, if not made available in this trade, would provo a total loss, hence the Company :annot afford to jeopardize so large an interest, by bringing into market any other than the best articles that can be produced by their unusual facilities. I'he Company has a much larger Interest in the con tinued exceHence of its Guano than any number of onsuiners can have. We know that less concentrated fertilizers can be sold at less prices, but when the quantity required per acre to produce good results is considered, they ire found to cost more. For example, a fertilizer at $05 to $70 per ton, requiring 150 to 200 lbs. to be npplied, is really cheaper and much more desirable than one at half that price requiring from 300 to 400 Ihs. per acre to produce like results. We have shown in another column, from figures given by planters as the results of last year's expe rience, that the money invested in Mluble Pacqe Guano paid from 150 to 700 per cent. profit on the amount invested, and it is worthy of notice, that in the instances where planters have stated exalt figures as to increase produced by the use of the Guano, and the quantity applied per acre, the per centum of profit e.ceeds by far those instances in which only the increase is stated in per cent., giving reason for the assumption that the reports are at least not overstated. If the Pacific Guano Company could make as large a per cent. of profit on its capital in 15 yeara, as planters themselves show they make on their investment in this Guano in one year, we would be abundantly satisfied. JOHN S. 1ESE & CO. Improvement in the Condition and Quality OF Soluble Pacific Guano. DRYNESS, &C. The large quantity of fermentable animal mlatter, which enters into the composition of this Guano, with other ca;tus< s uttending its preparation for mar ket, has rendered it a matter of great dilliculty to bring it into market in a condition sufliciently dry. Wo are glad to be able to state that all these difli cultie. lmave been successfully overcome, and that all .NblAe l'cifie (uano, now and henceforth offered ihr sile by the agents of the Company, is, and will be inl a conhdition unexceptionable as to dryncs. It com' es into market now with fully 10 per cent. less moisture than heretofore, which adds just 10 per cent. to its value in money. JOHN S. REESE & ,O. Correspondence Continued. Incrensed Ytield 100 per cent. f'rom 200 lbs. per acre. Net Profit 17$ per cent. on Investment. GaEENsnoRo', GA., Oct. 15, 1870. J. O. MATrEwsoN, Esq., Agent Pacific Guano Co., Augusta, Ga.: Yours of 22d ult., wishing to hear from inc in ref erence to my success in the use of Soluble Pacific Guano canme duly to hand. I an gratified, tery much, to state that my crop has been ineensed fu,ly 100 per cent., by use of Soluble Pacific Guano at the rate of 200 lbs. per acre. I am so much pleased shall use the same another year. (Signed) N. A. W i.s. Increased Yield 100 per cent. Net Profit 178 per cent. on Investnent. GiREENsnono', Ga., Oct. 5, 1870. J. 0. M.ATiiEwsoN, Esq., Agent Pacific Guano Co., Awngilea, Ga. Your' letter of' the 22d oft September is to hand. Ini replly to your' inqiry as to the value of your &Sluble Pacific Guano, I have to say that]I conmsider it a first-clas manure. I think it diouled' the yield over' the natuoral soil. I used 100 lbs. of bone dust.(uin steamed) and 100 lbs. Guano, pe'r acre. It pai well at the price of' cotton. None will be dIissatistied with it who once t.ry it. (Signed) 11. M. Sawmrni. Increated Yield 130 per cent, from 100 lbs. per acre. Net Profit 534 per ot. on~ Investment, llurxIE Co., Ala., Nov. 22, 1870. Ion. JonN K. IIENnIY, Agent J'acific Oua no C'o., Gra4 n tite, Aao.: I purichiased ohf y'ou So,lubile P~aciftie( Gnno tad up plied 100 pounds to a little less than one aere, which wouildl have madec, perhiaps,8500 l bs. withbout, and( 1 have gat.her'edl already 1I lbtShs., and have'~' 2(00 or h00 lbs. yet! to p'eck. On i my other1 lanads. whIiich were very~ poorm aind obl, I nlpplie'd wo hundlred polundis of Guano. I lhav e at least doubihled thle y'iehl of coitton1. I r'eganm ithIle holubled Paci tie Guano as n great fertiit. izer', andh hope to use it, frceely in fuiIture. (Signed) D)A N i E. CHiaA TirA 31. lIncreaised ITelud, on Experhinenatal flows, 119eo per cent4. If' GiunnlO was usedt nt iho rate ofi 2no4 iibs. perl ner'e, I hie Priofit wouldt bhe over 25004 pe,r cent. Ihn Inivestme)nt. Pn'JOvIDENCE, Aleklenurg Co., N. C., Octobei' 2, 1870.f Messrs. llenuououIs & SPi'sNos, Age&ts P)acilic Una no Co., Charlotte, N. U: I am pleased( to inform ,you that the Pacific Guano bought from yon last sprmng has Igiven etitire sastis faction. I am confiden('t that it, is thme interest of every farmer to use it oii each acre of cottoin to plants. As an experkinent, I applied the Pacifle to a row in my poor land and left one row without Gu ano. I gathered t pounds fron t ho row which had Guano on. it and 3 lb. from the other. (Signed) S. W. BEA. CABAInS COUNTY, N. C., Oct. 29, 1870. Messrs. Bunnons & SrniNos, Agents Pacific Guano Co., Charlotle, .Y C.: The Soluble Pacific Guano that I purchased from you last spring has proved a good investment. With out particularizing, I consider my crop has been more than doubled by the use of it. (Signed) .1. 1.. JAaisoN. SrAnox, Mecklenburg Co., N. C., Oct. 1870. Messrs. 1i BuntO s & Srltix(.s, Agents 1a'ifie ( easo Co., Charlotte, X. C.: Notweitlistanding the reverses we have iad to contend with in the shape of excessive rains and droughts, my application of the Pacific Guano on 1 cotton has paid me well. I expect to use it next year. (Signed) W. S. FLANIKEN. Increcsel Yield 20(1 per cent. Net Profit 457 per cent. on I1nVetstmet. CA11n1nnU'ICOUNTY, N. C., Oct. 29, 1870. Messrs. lunttoolis & SrntINs, Agents IurifJ' Guano Co., Charlotte, N. C. I purchased of you, last spring, Soluble Pacific Guano. This is my first experiment with fertilizers, and the result is entirely satisflitory. I consider my yiel is three times larger than it would have been without the use of it. (Signed) C. AI.ExANIlnlt. - Net Profit 200 per cent. on Investment. SuOAn CREEK, Mecklenburg Co., N. C., November 9, 1870. Messrs. BunItouclrs & SrmNxs, Agents Pacifie Guano Co., C'larote, N. C.: The ton of Soluble Pacific Guano, that I purchased of you last spring, I applied to cotton on an old field that had growin up in pines. Frcim experi.ncuts made I consider that my yiel of cotton has paid me 200 per cent. I expect to use it next spring. (Signed) S. C. I1UNTEl. MonsiNo STAl, Mecklenburg Co., N. C., November 14, 1870. Messrs. B3ulnocous & SPINoS, A/ents Poacii. Guano Co., Charlotte, N. C.: I am pleased Io info)rm1 you that the Soluble Pacifie Gt:u:mo has given inc entire satislitetion, notwith - staiding the very wet spring that we had to contendi with. (Signed) S. II. l;tc.uns. SlImoN, :1eckle1nurg Co.. N. C., November 11, 1870. y MTessrs. l:runiorr(lns . Sriulxs, A/en(. Pavll e l,w11o (io., Charlotte, N. ('. : I have now tised the Soluble I'acifie Giano two years, as a fertilizer. I recommend it highly. This y "ear I applied it to worn, -out redl land sad the risult is satislactorV. 1 am also well sati.fied that 1 caln 5ee ;(ilod results. frcom it the 2(eond( year. Another reconlnlebilatio n is tla,t my cotton, where the Gmlno is (1 cd, 11wt1unY. muchl wrer' andt the boils aire muleh lt/<r. I exltet to continue using it. (Sigtned) W. N. A.EXANDE iacreased ileld 083 per cent. from 100 poutnds per acre. Net Profit 55 per cent. on Investmeint. SnAMON, Mecklenburg Co., N. C., October 21, 1870. Messrs. Buntoumrs &lSnN 2 Ageuts Pacific Guano Co., Charlotte, N. C.: From the reputation of the Soluble Pacific Guano I was induced to try it last year on my cotton land, and cheerfully give you the result of the experiment I made. I left one row without Guano in the middle of the field. My first picking from this - lb. and my second 11 lbs. f'rom one guanoed row by the side of it my first picking was 2!- lbs. and my recond wais 9 lbs. This fully satisfled me that my investment was a good one. My yield of cotton where the Guit ano was applied is entirely satisfactory. I expect to use it next year. (Signed) W. J. CuEiy SARON, Mecklenburg Co., N. C., 1 October 11, 1870.f Messrs. Bunnouors & SPRINon, Ag;ent. Pa~ci fic Gua no Co., Charlotte, N. C:.: I uised Soluble Pacific Guano, bought of you last spring, and1( appliedl a portion on my poor land. In order( to satisfy myself of' the inivestmtent I applied Guano to sever-l rows and left t he same12 number of rows without, any. The result satisfied me that every frmier ought to use it. (Signed) S. II. KInlKIA'rnIen. STRE. COnEIL, Mecklenburg Co., N. C., ) October 18, 1870. I Messrs. Brunaotois & Srn:Nos, Agentds PacitieJ (iano C,Ci.(/arlotte,N. C.: I haive uised thei Soluble Pacific G1uaino four years on cot toni and11 whieat. I still recommnid it and1( use lnothing else. My crop of eotton this year is entirely satisfactory. (Signed) A. II. BIiOwN. In1creased Y'leld 200) c pecent, from 2030 tbs. per acre Net Profit 455 peri cnt. (In Investmenit. IIl:roN, S. C., I )ec. 1(0,1870. .J. N. IlonusoN, E2sq., Atten?it Pau'ri GuaIno Co., Charleson, S. .: 1 reda~ as follows to your letter: hit quantiy asused per iiere? 200 lbs. IIowappied bydrills on hills or broadcast ? In dirills, On whant crop ? C'otlon. . On what kind of land1( ? Gray sand lanid. Whiat is the asemiige, per acre ? 1,000 lbs. llow hats the crop inere:ised by its use, and to what ex tenlt ? l)oible; yes, triple. j hIIs it ma111iur.d the crop earlier, anid to what ex tent ? Mature.l the crop early enoughl not toi have 1 aniy stained cotton. I IIas it giveni satisfiiction ? es more than I hiadl any idea it ((1uh1l do. (Signed) 13. D1)LEAN. . . n >ie row seventy yards long without (nauo, and then .he next, row to that containing Soluble Pacifk Gu tno, we find about eiUt times as many b'is on tir ttnoedtl rowo as there are on the row with no GInane, tnd add to that the increased size of the b)lls it S out opintiont that the increased yield of the Slhil" 'acifte Iuano, over the natural soil is fully ten (10) o onle. ' (liven under our hands th', October 21st, 1870. (Signed) ...1. P Yvr, - W. V. NANC:. [ncreased Yield 200 per cent. Net Profit 397 per cent. on Investment. MoxNoa CotN;'rv, Ala., Sept. 20, 1870. l(iss17. M.An IIIAnI., & CONI.nv, Agt8 Rtr"ifie: Guano Co.,' M).'ile, Al.:. I purchased last year your Soluble Paciflc Guano tnd Ifund it so protitable that I )urlhased again this 'ear, and tink the increased prodnetiouN will be tbout the same, making pine land that would proba )ly produce 400 lbs. seed cotton produce 1200 lbs. to he acre. The deep breaking of the land and deep lpplication of the fertilizer fort cotton, on pine liid, ast year, would seem to exert an economic influence )n corn planted on the Same land this, as tihe crop i )f the best kind, after encountering two sevet lrough ts. (Signed) It MAIINI. [ncreased Yield 100 per cent. from 80 lbs. pa acre. Net Gain 500 per ot. on Investment. G.ts'oN, Ala., Oct. 3, 1870. 1Iessrls. MARSuAl,l & Coxi..:v, Agents Pacifie Ouatno Co., J1hPbiie:, .1 .. Your letter of the 22d of 4ugust came to hand the Ist of October. The Soluble Pacitic ( unao that von ent, me I like very well. I put about '; to 81'lbs. .o the acre on deep sandy land. The yield is double. [ like this well enouigh not to farm without it. (Signed) 11. InAU. [ncreastd Yield 100 per cent, from 200 pountis Guano. Net Profit 143 per c'. on Inv-stinent. Btri,tn Co., Ala., Nov. 28, 1870. 1o1. JOIIN K. IIENnv, Algent l'u" ie Guanw Co., ('rerniie, A.a.o: 1 havo tried the Soluble Pacific (luano, sold t.v ou, and am highly pleased. I have, by the use of 00 lbs. per acre, increased the yield of mily land 100 cr cent. it least, and haed the seasons been good ;tould have far exceeded this result. (Signed) .1. 1). Pa(1(:. ncreased Yield 150 per cent. Net Prc t 266 per cent, on Investment. G:i. v.i Nuv i.t.a, Ala., NoV. . :7 . ion. .loulx K. lit.:xnv, 1 applied 114 the Guiano, pu1rch:isle 1' ylu, t t oi0l'.t he present year. On 1 t lve acre's, w .e oul tie 1:ave nladl; iu lum 4h 0 t lbt,. ) uN tln i.t n l per'" 1lere", ,irht hales 1a(1 Ibee g:Ithered This s.owts the S: ihle" 1atille GuanO to be a great fertili.t/., and 1 :ct aiighly leased withi it.c (Sigiled) :tia i m ne: lcaim. increased Yield 150 per cent. from 53 lio. Pacific and 7 lbs. Peruvian per acre, Nd Profit per cent. on Investment. MUscoot CouNrY, Ga., Oct. 20, 1870. W. 1I. YOUNO, Esq., Agent P acie Cauano ('O., Cobnlumus, Ola.: Last spring I purchased from you a ton of Soluli Lacitic Guano and one sack Peruvian, which I 11 plied on 36 atcres of land in the p ropor1tion of 50 75I lbs. per acre. On the 20th .July the rust appenti iln my land, and, not.withstanding that calamity, nlade, from the :3G acres, 10 bales of cotton, avern:( ing 500 pounds each. I feel confident that, tite nj plication of the Guano has materially henefited the Field of the 30 acres, and that without its use I ihould not have made over 4 bales, as, by the 20th July, the Guano had so far developed my crop that )y that date, when the rust struck it, the bolls were natured. (Signed) WM. E' Ootr.i r 1M. A Party who Used 40 Tons. WAVISRLY IIAI., Harris Co, Ga., 1 October 28, 1870. j ff. H. YOUNG, Esq., Agent Pacifle Guano Co., Columbus, Ga. I have this year used the Soluble Pacific Guano in my cotton C01) a tile rate of about 150 ls. per ICere. It is l)'pope to state tha(1t the latter p)art of' ILuly, and1( most of' AuIgust, waIs unusuall'11y dr1y in -my ntmediate nleighbor'hood, the(rebly ma31terially m.lring lhe ield of' cotton. . I 11mve' used (ho Soluble Paecile Juamno for three y'ears, wvith mlost gratifying results5 sachu year'. I hlave used it 0on wheat, al,o with very aitisfalctory results, and( I cann reonunlendl it as8 a ValI uable and1( reliable fertilizer. (Signed) 11I. K. S'rA.vonn. .From Judge Bliggers. Increased VIeld 100 pier centt. MUL.nERRYv ORov E, Ga., Oct. 2., 1870. Agent Pacijic Guano C7o., Co,lumb,us, Ga.: After uIsinig Soluble Pacifie (Guano1(, boughlt of yu 01' two 'years1, 1 311m fully sat isfi'd ofI its bene3(ficil 114 or1 I thinik I enni sa1fely ay3 that1 wit hoiut the uso ol' ~Inano1 I w(olId no(t halve re'ta ined' 113re( than1 hif a~ 1:and4. 1I)pect, to) continue1 usMing~ the( "4oluble( P'm s I e'xpeCt . 14) 13133 of you3, as8 Iiha lnot f'ounId a inIgleak thatl I131 su3ppos5ed to be311( th: let 131dultera'~tedt .mreased Yld 900 per cent. from, 200 IhQ. if aere. Net Profit 2407 pser eenW. on livestment. TIAtraS'EnuIo CouNrry, Georgia. .0. M A T HEwVSON, Esq., Agent Pacimfic Guano ('>., Augusta, (o.: This33 is to cer.tif:y thalt we, citizenIs of' the 172(d 1)1 rict (1. M., hlave been called'( on by WV. C. Wright at )r. ,J. WV. lilarrett, 01ur nleighbors, 14) examIIine a .4 eenI a1cre field( (If very~ thin1 land, cltiivatled by 11h31 his yea 3'3i'n cotitnn ; and1( theC fbllow ing i8 tile results ur1 inavestigaution by ac'tl1 measu153rleent and( 'ouInt: ly the4 use oIf two hu3ndlredl pounds( of Soluble Palcific hi1ano(1 appl)ied, per aer', on1 said field, we find( $1am.. le rows left in thte m1iddle of the field, b)y counating