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