The Lancaster news. (Lancaster, S.C.) 1905-current, October 07, 1905, Image 2
Address to Cotton Planters
Merchants and Bankers by
Harvie Jordan, President
Southern Cotton Association.
At a meeting of the Executive
Committee ol the Southern Cotton
Association, held at Ashe ??
%-t / ? it . l n O t i\ \ tr
vine, ix. u.,oepieinoero o, iouu,
where representatives trom each
cotton producing State and Terititory
were present, a report on
the condition ot the cotton crop
made up to August '25th, was
carefully compiled troni returns
ot more than 15,000 correspondents,
showing a condition ot 73
per cent as compared with a condition
ot 84 per cent tor a corresponding
period ot 1004. An es
Innate ot the crop lor tins season
based on reports horn the same
correspondents indicated a yield
of 0,588,333 bales ot cotton.
Taking this information as a
guide in connection with the
present enormous demand lor
spot cotton by the spinners ol
tiie world, the present high prices
ol cotton goods, and the heavy
cost to i lie producers tor culti
vating and harvesting this crop,
ilie committee agreed that eleven
cents as a minimum price, basis
middling at all interior points,
would be a reasonable and conservative
price to be asked by
the producers this season lor
their staple. It has been generally
reported, and not publicly
denied, that spinners can pay
twelve cents per pound lor middling
cotton at the present time
and still make good prolits in the
manufacture ol the raw material
into the finished fabric. I'eaee
lias been recently declared between
Russia and Japan. The
whole civilized world is in a
/most prosperous condition and
the spindl es in all the cotton
mills of Europe and America are
running night and day to supply I
the tremendous demands lor cotton
goods.
CONSUM PTION UNPRECEI)KNTKI).
The enormous crop ot American
cotton reaching the unprecedented
figures of nearly 14,000.
000 bales lias been easily absorbed
by the spinners at an average
price of nine cents per pound.
Of this crop there were only a
P small reserve stock of little more
than a million to be carried into
season of 1905 6 on the first day
01 September. It no more than
ten million bales of cotton are
' Harvested mis season 10 tie added
to the small reserve stock carried
ever from the crop of 1904, the
mills of the world, at the present,
rate of consumption, will face a
^famine in raw cotton before an01
her crop can be planted,- cultivated
and placed upon the market.
The mills have contracted
for many months ahead for tfie
, delivery of goods to be manufactured
out of cotton yet to be
bought from the producers. The
exporters have sold to the spin
ners cotton to be delivered in the
future months which is yet to be
bought from the producers. The
spinners and the exporters are
heavily short, with nothing but
paper contracts in their posses
sion, while the farmers of the
South hold I fie spot cotton in
the>r hands and control abso
lutely the key to the situation.
Will the farmers take advantage
of the splendid position they oc
mpy, and like men, assert their
rights to demand a fair price for
this crop at the hands of the buyere?
Will tv t the merchant and
local bankers through the South
line up solidlv in unbroken
ranks with the fai mers ' against
the combination that are so actively
Ft work to depress prices
and defeat the will of the people?
MUST DO OUR DUTY.
Every man in the South, no
matter what his avocation, is expected
to do his duty during the
coming months and to throw
his full moral and financial
ability in the great tight that we
have engaged in. Mhe "Rear"
speculators of Wall Street, and
London are using every device
known to human ingenuity to
depress prices. The International
Cotton Spinners of (Treat
Britain have combined to crush
the | resent, elforts of the farmers
to maintain tair prices, and ex
porters are doing all in their
power to hammer down the market.
The solution of the problem
is easy and simple. The ability
of the farmers to win this tight
is unquestioned. Stand together
as brothers, battling for the protection
of your firesides and your
homes, your wives, children and
your country. Stop selling cot
ton at present prices. Call upon
your merchants and bankers
to aid you in the heroic struggle
that lies ahead. Store
the lint cotton under good sheds
to keep it dry on the larm or
place it in warehouses, where
the receipts are needed as col
lateral to borrow money to meet
maturing obligations. All other
lines of business borrow money,
why not the farmers, when by
so doing they can hold their cotton
oil' the market and materially
advance its price? Pay no at
tention to the "bearish" litera
lure being printed and circulated
broadcast throughout the South
This is done with but. uma utiioi-i
and that to discourage and in
duce you to fell your cotton at
prices below its value. As pro'
ducers you know that the crop
is short and that unless von net
good prices, at least eleven cents
per pound, there will be but
i.ttle or no profit in this crop.
Hold your cotton and check
up the present heavy receipts
and demand not less than eleven
cents tor every pound of middling
cotton you have to offer. The
Southern Cotton Association,
The Farmers' K lucational and
Co-operative Union, The American
Society of Equity, The Farmers'
Alliance of North Carolina
have all agreed on the minimum
price of eleven cents and the
membership of these powerful
organizations, standing together
in unity and harmony, can defy
the combinations of the world
and win another notable victory,
the like of which was never witnessed
before.
Call your county and district
meetings throughout the entire
belt. Build up your membership
in the Southern Cotton
Association and stand firmly together
for justice and protection.
If you will check the sale ol
your cotton lor 30 or GO days
this Association will guarantee
an advance in ihe price ea-ily to
eleven cents per pound. Do not
rush you cotton on a depressed
market, but sell slowly arid prove
to the world beyond all ques- 5
tions of doubt that Southern i
farmers have the ability, the de- f
termination and the strength to |
force the world to recognize their
power in maintaining a fair price t
tor their products. I
The Southern Cotton Associ- t
ation must be maintained and
financed by the farmers of the 1
South, lis power to protect the
interest of the producers is re- c
cognized and teared by all the f
leading speculative and cotton \
interests ol America and Europe. <
If we go down in defeat, the c
enemy will he merciless and it '
will take twenty years lor the f|
South to recover agj'in. Stand t
by the Association and thereby j
protect \ortr individual interests. '
The South is both mentally and (
financially able to manage and '
protect her interests I'roin the ,
dominating and devastating hands (
of her enemies.
Last January the price of cot '
ton was depressed to tix cents
per pound and the Southern Cot- y
ton Ass'n. was organized at the t
New (Means Convention .Ian. i
DISPLAY OF
Our Opening ^
Wedne
This is one of the greatest
and you are most co
Dress Goods Department.
Never before have we been so 1
strong in tbis lino. We are
showing one of the greatest
lines of Dress Goods ever shown j
in this town. ,
56 inch Foreign Broad Cloth
in Navy Blue and Black?sells
j in big cities for $.'1.00 per yard.
Our prict $2.00 per yard. Come
only in dress patterns.
56 inch heavy Broad Cloths,
i just the thing for Cloaks, Jackels
and Walking Skirts. Comes
in all the season's best colors,
at $1.25 per yard.
56 inch Chiffon Broad Cloths, j
comes in all the season's best i
colors, and are especially nice ;
for Suits. Come only in suit
patterns at $1.25 per yard.
50 inch Broad Cloths, conies
in all colors, and would he cheap I
at $1.25. Our special price, 05
I cents per j'ard.
56 inch Broad Cloths conies
in all colors. We bought these
goods to retail at $1.00, hut just
to make it lively we will make
the price 75 cents.
tn ou
in lilack, Navy (iray, Green and
Red. These goods would be
cheap at 85c. While they last
we will make the price 59 cents l
per yard. <
This is only a few of the i
hut don't fail to come ai
showing. All prices r
I .E. 1
t
26, 1904, to bring about harmony
imong the,producers, merchants
ind bankers so as to advance tho
arice to ten cents per pound
Phe world knows that through
his powerful organization the
3rice of spot cotton was ad.anced
o ten cents in the South on
tuly 3rd, just five months later
Mot. only this but the assistance
:iveu the "Hear' operators by
ertain officials in^the United
States Department of Agriculture
vas exposed through the efforts
?f the Association and the ras als
were promptly turned out
Phis work has already saved
trillions of dollars to the South
ind will continue t > do so it tosered
and maintained by the peo>le.
If the South could advance
he price ot a 14,000,000 bale
Top from 0 cents to 10 cents,
dearly H would require but. little
'o operative effort, to secure not
ess than t leven cents lor a 10.>00,000
hale crop.
Let the people know the truth,
enow the power ol their strength!
ind then let them act piomptlv
ind the victory for higher prices
vill soon be won, then their
;re;?l staple will he selling at its
eal value to the world.
PAT.!. ?nil WIT
MteM M?m TV kk
^alc of Fall and Winter (
sday, OcLob
collections of merchandise
rdially invited to come an
54 inch all-wool Suiting,
comes in all the host shades.
Formerly sold for 75c, but to I
make the times lively we will!
make the price 5()c per yard.
42 inch 'Suiting, bought in j
job ; the goods are worth 011 any
market 50 cents per yard. As
long; as they last we make the I
price 25 cents per yard.
42 inch Prunilla, which is
very popular this season, and
comes in Brown, Green, Gray,
Navy and Red. We are offering
these goods at $1.00 per
yard.
42 inch shower proof Coverts,
and are good sellers this season. 1
Especially nice for Suits, and
are woith 75c, but are price will
lie 50 cents per yard.
Silks. Silks.
It is not necessary for us to
make any prices on tnis line,
ns every one knows what a success
our Silk Sale hnsbeen, and
the prices made hold good until
further notified.
Cotton Goods.
42 inch Flannelettes in Persian
designs ? woQ|)d he cheap
at 15 cents. Our price, 10 cents
per yard.
We are showing the newest
thing in dark Dress Ginghams
for early Fall, and the price is
only 10 cents per yard.
nany BARGAINS that w
id see what a Collection <
nentioned will hold good i
E. CL01
-?1
LINCASTER &? CHESTER
RAILWAY COMPANY
SCHEDULE IN EFFECT MAY 28, 1006. ' 1
DAILY EXCEPTSUNDA"
"WESTBOUND
Lv Lancaster.*: 0 30 am M6px
Lv Fort L:vwd .... 6 49 a in 4 16pm
Lv liascotn vllle 6 .>9 am 4 30 p ci
Lv Kichliurg 7 "ham I 46 p ra
Ar Cheater ...7 30 am 5 15 p ">
Ar Charlotte? Sou. Ky 9 6h a m 7 00 p in
Ar Columbia?sop. Rv.?. 10 15 a m
EASTHOUND
Lv Columbia?Sou. Ry 0i>6 a m 3 10 p rr
Lv i hnrloite?Sou. Ry 0 OS a m 0 00 p m
Lv Chester 91*1 u in 8 r> p m
Lv Ktcliburs; 9 40 a m H39 p l i
Lv Haseomville ? SO a m MSpn ^
l.v Kort La'"n 10 06 a m 8 i>6 p in )
Ar Lancaster 10 AO a wi 0 IS p
CONNECTIONS
CHESTER? Southern, Meuboard. and CamKna
& North-Western Railways.
LANCASTER?Southern Railway.
A. 1 McLUKE. Superintendent.
LEKOY Si*RINGS, President
ifelfs '
StomachT roubles
Kidney, Nerve and
all Blood Diseases
It touches the ?j>ot?other medicines
guess. Big $1.00 bottles at all druggists?or
write for free sample bottle.
Choi-fcors Medicine Co. Winston-Salem. N.C.
ITER GOODS. .
^oods begins
er 4th
that we have ever shown, /
d inspect our stock. / .
- r
Good standard Oalicoes going
in this sale at 3f cents per yard. ?
Good honvv Hnmo. ^ '
spun going in this sale at 4?c. I?4
3t> inch White Homespun this
sale only 5 cents per yard.
Clothing Bargains.
We are the Clothing people.
Never before have we shown
such a collection of good clothes.
You will he surprised to come
and inspect our Clothing stock
Htul find the assortment we are
showing. These goods are well
made and fit like tailor made
goods, and we guarantee every
suit to bo all right in every
respect.
Our prices are $4.50, $(>.90,
$8.00, $10.00, $12.50, $14.00
and $10 00.
Come and look through this
line, and you will l^e convinced
of the bargains we are offering.
Shoes. Shoes. \ j
Our Shoe stock is now ready ' '
for your inspection, and it does
not matter what kind of a Shoe
you may want, we can please
you. We have them in all the
newest styles. Come and fee
this line and save money.
Millinery.
We are showing a beautiful
line of ready-to wear Hats, and
have them in all the season's
best shades, ranging in price
from 50 cents and upward.
e have space to mention,
' &i
i>f Merchandise we are
o
jnti 1 further notified.
JD.
'i
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