The herald and news. (Newberry S.C.) 1903-1937, November 26, 1909, Page THREE, Image 3

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COTTON SITUATION. 'al and Finacial World. it is true that there w - -a 1 drop in cotton quotations on y last, it is at the same time that the bears have really "not to stand upo.., '' as the old ing is, when it comes to any calm seientific analysis of the actual ton situation. n tile other hand, there is an rwielming mass of evidence go to show that while the consump demand for cotton is going to be ater than ever, the actual sup is going to be smaller. than in rs. When demand is greater than ply, hither prices are .inevitable. This is certain. although the bears are prone to lose sight of the fact. On Monday last the Census Bu reau issued a report showing that 7, 612,317 bales, counting round bales as half bales. had been ginned from t.he growth of 1909 to Nov. 1, .a' com pared with 8,191;557 bales for *1908. Round bales ineluded this -year are 109,665,' compared with 149,866 for 1908. Sea island, 54.352, compared with 45.479. for 1908. The report shows the following comparison of cotton gianed i1 the several,States up to Nov. 1. compared with the same date in 1908: State. 1909. 1908. Alabama ..... 676,098 891,667 Arkansas ......470,189 536,785 Florida .., .. .. 45,260 43,534 Georgia .. .. ..1,385,524 1,387,641 Louisiana ......189,762 287,885 Mississippi .. .. 572,543 893,148 North Carolina.. 370,826 373,713 Oklahoma .. ... 412,218 217,269 South Carolina . 789,960 821,308 Tennessee ......148,968 198,783 Texas .. .. . 1,918,477 2,502,862 All other states . 34,492 36,602 The distribution of the Sea Island cotton for 1909 by States is Florida 19,891; Georgia, 31,186; South Caro lina 3, 275. Mr. E. G. Scales.of Texas, who is a member of the bull pool which in eiudes James A. Patten, W. P. Brown and Frank B Hayne, says that he has not changed his opinion of the. oottor market as -a result of the break of the last few days. Prices , will g back he says, and ultimately cotton will go to 20 cents, "and there is mothing on earth to sfop it,'' he added. It is quite certain that the cottor ifarmers of the South are determinei: to leave no stone unturned in the ef fort to reach 20 cents cotton. They know that they have the game it their own hands if they only stant shoulder .to shoulder. The following letter, which has had a wide circula tion at the South, idicates somnething of the feeling existing there: Tupelo, Miss., Nov. 6, 1909. To the Farmers. Merchants an< Bankers of the South: Stop. thirnk and listen. Do yoi know what you are doing? You art For E Spraifls Sloan's Liniment is the best remedy for sprains and bruises. It quiets the pain at once, and can be applied to the tenderest part without hurting because it doesn't need to be rubbed-all you have to do is to lay it om lightly. - It is a powerful prepa ration and penetrates instantly relieves any infiammation and con gestion, and reduces the swelling.. Here's the Proof. Mr. L ROLAND, Bishop of Scran ton, Pa. says:-' "On the -7th of this present month, as I was leaving the building at noon for lunch, I slipped and fell, spraining my wrist. I returned in the afternoon, and at four o'clock I could not hold a pen cil in my hand. I returnell home later and purchased a bottle of Sloans and used it five or six times before I went to bed, and the next day I was able to go to work and use my hand as usual" Sloan's Liniment is an excellent anti septic and g er m killer--heals cuts, burns, wounds and contusions, and will draw the poison ' from sting of poi E E sonous insects. 25c.,50c. and $1.00 hore, cattle shee Dr. Earl S. Sloan, Bot., a s., . U.s.A. fli'oding the wor. With cotton. You are rushing cotton into the market and selling it ten minutes after it is ginned. The cotton States have already sold seven million bales of a. less than ten milion bale crop, in a period of two mouths, when you should have sold that much in seven months. How do you expect banks to pay for it, es pecially at $75 per bale? Did you know the spinners of the world were fighting you and that you are furn ishing them ammunition to fight you withl Did you know that .there were only three million bales more to come on the market? Do you know that for S these three million bales you can get 20 cents just as easily as 10 cents if you will wait! J What must we do? Do not sell a bale, Mr. Farmer for 60 days. Your nerchant and your banker will help you gladly. The merchant and buyer cannot hold. If you force him to buy from you, which you are now doing every day, he will soon be forced to ask the spinner what he will give for this cotton. Shame on you! Be men once t more and remember ihow you rallied around the flag in '61 and oommand-I ed the admiration of the orld. Do you know what it would mean if you did not sell a' bale for 60 P days It would stir the whole world. I Every country-England, Germaay, France, Spain, Russia, China, and Japan would be affected and buyers i hi these countries would burn up the cables.trying to buy cotton. e As a business proposition what would it cost you Where are your union warehouses? ir Storage for six months can be secured for 25c. per bale.' -If you have any pressing oblia tinsr to your bank and borrow $5.0 per bale and hold your cottn. If you do not do this cotton will go down until' you are through selling and you have sacrificed your cotton to the spinner and made the name Sou therner a byword and the Southern people the laughing stock of the world. t Tag every bale you have left aid t let it read "20c. or $100 per bale," i and if you do not sell any in 60 days t there will be five buyers for every bale at that price. ( -The mereihants mark their goods- a why not YOU? I am a resident of Lee County, t Mississippi, aid will lend every far: 2 mer in this county $50 on every C warehouse receipt for a bale of cot ton. Business is war. Cotton is the best t breastworks and- flags in the world. Rally 'round the flag and kill ev ery man who tries -to storm our: Ibreastworks. Yours for the South and the U. W. II. Armstronig. On 'Wednesday there was a small < sized panic among cotton shorts. Like < the mercury in the -thermometer on a< hot day, prices climbed 30 to 33 points, or $1.50 to $1.65 a bale. 1 There was the same intense excite jment and geat 'activity that have been witnessed in the local pit in .the at two or three weeks sinee the un loading of the bull pool for profits began. At Wednesday's high level the marker was u.p more -than five dol-I lars a bale since the bottom liguresj of Monday. It has sometimes taken ~ otton a year to advance to . the' same extent. The trump card of- the bull crowd is the remarkable strength of .the Southern spot markets. Despite the fac: that futures last week declined $5 a bale, there has been -no weaken- ]. ing by the Southern producers, ori any eagerness on their part to dis- 1 pose of their e.ot.ton. During the next few weeks there will be, of course," many flucttiations, but the bulls have the whip hand, a-nd they are as certain to put prices up to where they want them as day i to fol'ow night. The campaign is I: Ioe tha: means scores of millions ofi dollars o the South, and to the men who get on the right side of the mar-1 'ket. The spinners have begun to take on cotton, dry goods houses re-] port improvement and duck and yarn firm announce advances in their commodities. Interior receipts are de eidedly bullish. NOTICE. Applications for the position of Superintendent of the County Poor House Farm for the year 1910 are invited. Election will be held Sat urday, Nov. 20th, next. File appli aitions with the undersigned by November 19th. Salary, etc., this day fixed by resolution of the Board, which reserves the right to reject any nd all applications. H. C. Holloway,I Clerk County Board of Commission ers. 9 5t2tW ORGANS, We have a few slightly used $90 organs, will close out at a big re duction. If you -.re wanting an organ now is the time to buy one of the best organs made at a great bargain. Write at once if you wish to secure one of these organs, for such bargains don't last long. Write for illustrations of these organs and for ternis. Malone's Music House, COLUMBI. S. C. Call on us during the fair. TATE OF SOUTH CAROLINA, County of Newberry. Court of Commen Pleas. H. Wicker, L. D. Wicker, W. J. Wicker, T. B. Wicker, R. D. Wicker, Mamie Swygert, Lula Wicker, Julia Wicker, George Wicker, Randolph Norris and Louise Norris, Plaintiffs, Against ,obert Norris and Robert Wicker, Defendants. In compliance with an order of e Court herein, I will sell to the ighest bidder before the Court [ouse at Newberry, S. C., Monday, alesday, December 6, 1909, during he legal hours of sale all that piece, arcel or tract of land lying and be ag situate in No. 5 Township,- Coun Y of Newberry, State of South Car lina, known as the "Kinard Place", ontaining two hundred and sixty wo (262) acres, more or less, bound d on the north by land of Singleton eter, east by land of Sam Derrick nd H. H. Folk, south by land of T. . Wicker and west by the public oad from Newberry to Whitmire. Also all that piece, parcel or tract f land lying and being- situate in To. 11 Tewnship, known as the "Or anda. Wicker" place, containing 'hree hundred and thirty (330) cres, more or less, and bounded on he north by land of John 0. Koon, ast by land of Junius Long, south y land of estate of David Suber, eceased,_and west by land of Rich rd H. Hipp and David Ruff. This ract of 330 acres will be sold in two racts; tract No. 1 containing one Lundred and ninety-eight and forty wo one hundredths (198 42-100) cres, more or less, and Tract No. 2, ontaining one hundred and fity-two ~nd twenty-six hundredths, (152 26 00) acres, more or less; plats of hese two tracts are now on file in the ~faster 's office and will be exhibited n day of sale. Also all that piece, parcel or tract f land lying and being situate in he Town of Newberry, County of rewerry, State of South Carolina, ontaining 'two (2) acres, more or ss, bounded on the north by Evan~ treet, east by Lindsay street, south y lot of Mrs. Sarah E. Eva'ns and est by College street. Terms of sale: All of the above esribed property will be sold for ~ne-third cash and the balance on a redit of one and two years in equal nnual installmnents, the .eredit por ion to bear interest from day of sale t the rate of eight per cent. per an um and to be secured by a bond of he purchaser and a mortgage of the remises sold, with leave to the pur. ~haser to anticipate payment either n part or in whole. Purchaser to pay or papers and recording of same. H. H. Rikard, Master. ~ovember 11, 1909. The Herald and News, $1.50 a year. LAND AND MTTL POR SALE. We will sell to the highest bidder t pu.blic sale at Newberry Couri ouse on Salesday in December thai ;raet or parcel of land of the C. D. ushardt estate, known as the "Ba er Place,'' i No. 2 township, sim niles from Newberry, containina wo hundred and thirty-three (233) eres, more or less, and bounded by ands of H. H. Folk, A. C. 'thomas on and M. A. Carlisle. The land is early all in tim'ber and is well wa ered; twenty acres fine bottom land. Terms of Sale: One-third cash :he balance in one and two years ith interest from day of sale at 6 er cent., the eredit portion to be ~eeured by bond of the purchaser and mortgage of the premises. Purchas r to pay for papers and for record .ng same. Also, at the same time and place :he Bashardt Mill, nine miles from ewerry, with .two gins, Boss press wo corn rocks, one wheat mill, sas nii, with 35 'horse power engine and 0 horse power boiler-all belted and eared and in running shape. Terms as above stated for the land C. D. Bushaardt, J.'B. Bushardt. Nov. 15, 1909. 11-16-09-4t. Itaw. Now is the time to subscribe to The er1a and Nws, $1.50 per year. Good For I Vol and .ews Vi For .. ........ (Not good after 6 o'clocl Your Idle Mo 4 01n If Deposited If you would be ful, you should i work too. It is that "money not losing money." Set aside what need in your buE and deposit it wil SAVINGS Dl It will be here wl and workingfory T H E EXH Of Newb a*The First Coog grei' theggh not severe, has * ive membraaes of the thro * Coughs then come esall a i ghtest cold. Cure firs1 * uet up a kuBammten inthe d * langs. The best remedy, gYUP t toncets ng - moe h as.I frfe U a chDd as or anadult. 250c : MAYES' DI k(eep Your Mi We have received a letter from in which they say: "State in your advertisements t return to Newberry for loans or it the company receives from that 1o pany has done more than this and 1h (Signed). SEE WHAT STATE INSURANCE DEPARTMENT, Mr. W. A. McSwain, Newberry, Dear Sir: Replying to yours of the ern Life & Trust Co., of Greene license(1 by this department- and is In all cases where they registe amount of their reserve are deposi tection of their policy holders and pose. . Yours very trul (S !NSURA . DEPARTMENT. Mr. W. A. McSwain, Newberry, Dear Sir: I.should say that the Souti was WORTHv of CONFIDENCE. B ending 1908, now before me, it sh and surplus to policy holders of $130,152.oo. Yours v Buy your life insurance policies Imoney in this community, where for our young people and for the< Our rates are a little lower and company operating in this section If you fail to see us before you ance we both lose. Call at our office, write or 'pboi SECRITY LOAN & INYE T. N. McCATTGHRIN. Treas. e inThe Herald Dting Contest ................... . . ....... IMonday, Nov. 29, 1909.) neU ff111 Earn terest. in This Bank. the most success nake your money. a common saying earning interest is money you will not iness at this time :h this Bank, in our EPARTMENT. ien you do need it, ou inthe meantime. I NG0E NA K erry, S. C bof the Season, a tendency to irritate the senmi it and delicate brol3chial tus nter, every time you take the ;cough beforeit hasa chance to * elicate capillary air tuibes of the g is QUICK RELIEF COUGH it at the seat of trouble and re rom Morphine ea is as af~e tor 0 nts at UG STORE. neu'at Home. the Soithern Life & Trust Company, bat it is the policy of the company to vestments the net premiums which cality. You might.say that the comn opes to continue to do more than this." A. W. McALISTER, President. : OFFICIA LS WR ITE: STATE OF NORTH CAitoLINA.. Raleigh, March ioth, 1909. S. C. 9th hy. I would say: The South boro,$ sdcartered in this State and considered SAFE and SOUND. r thr policies the securities to the ted with this department for the pro are CONSIDERED AMPLE for this pur iged) JAMES R. YOUNG, Insurance Commissioner. STATE OF SOUTH CAROLINA. Columbia, March ioth, 1909. tern Life & Trust Co., of Greensboro, y' the annual statement for the year ows total assets of about $675,oOo.oo capital $.300,o0o.00 and surplus of ry truly, igned) F. H. McMASTER, Insurance Commissioner. from this agency and keep your it is available for use in buying homes levelopment of our community. dividends a little larger than any close the contract for your life insur SIlENT COMPANY, AGENT, W. A. McSWAIN. Sec'v. Newberrg Hordwure GOMPanut We have a complete line of Buns, AnvuuQition, And S t Sporting Ooods of every de scription. Come in and see our line before buy ing. The. Best Goods At the Best Prices, Newberry Hardware Company.