The county record. [volume] (Kingstree, S.C.) 1885-1975, July 08, 1920, Image 17
"HARRIS PREDICTS
*WGH COTTON PRICE
farmers urged to make
|hf farms self-sustaining
vn DECLINE IN PRICES
I*
Government condition reports inRicate
that there will be an eleven
I million bale cotton crop this year,
which means a high price for the
staple, said B. Harris, commissioner
of agriculture, commerce and industries,
in a recent statement in which
he predicts that the cost of living will
not be reduced this year, and says
that there is really not going to be
much production of food crops on the
farms. He urges the farmer to make
his farm self-sustaining, stating that
it is not now too late to plant food
crops with proper cultivation.
In his statement he says:
"The government report of 62.4 indicating
the lowest averaged condi^
tion of the growing cotton crop in
the last fifty years which is practically
confirmed by the estimates of
other authorities will startle the cotton
ttarld. At a time when the European
spinners thought anything
\ less than a fifteen million bale crop
i? the United States would be a world
disaster, we have an indication of a
crop of eleven million bales. Even
this estimate may have to be further
reduced by the activities of the boll
weevil and the unfavorable conditions
which prevail in growing this crop.
We know that the present price of
cotton is far below its intrinsic value
measured by the cost of production
alone and also according to the law
of supply and demand cotton middling
and above is cheap today at 60 cents
per pound. Now, no matter what the
market may* be, dont sell a bale of
cotton for less than 50 cents per bale.
There may be an apparent lack of demand,
but when the spinners who have
their requirements in New J
York July contracts demand the cotton
they are surely going to demand
the actual cotton and we shall see
the shorts do some tall scrambling to
cover. As the spinners have been
out of the market for some time weknow
they must either be very long
of New York contracts cotton or they
t will have to begin to buy the actual
cotton at once or they will have to
cioee their mills. At the tremendous
profits mills are making and a cotton
A famine in sight I do not think they
will close down.
"Don't sell a bale for less than 50
cents per pound, bit steady in the
t boat and let the shorts cover their
oversold cotton as best they can Pay
10 attention how low they run future
contracts down. It is an old trick of
the bears to do this to try to depress
fppts just when they have to buy
spots to fill their contracts to the
fgdnners. Now they say that the
met government report will be a very
bearish report. We know the condireport
will be better than thai
kit one, but it can only be a few
points better. It can not possibly
pome up to the average June 25 report
for the last ten years, which was
I hope that every spot holder will
be a bear on the market, but will
. ba a great big bull* and you will soon
are the shorts come to cover for cotton
to fill spinnable contracts which
they have sold and will soon be compelled
to fill.
^ "There is too much money in spring
A I Don't Be 1
I _ In
x m M
mu*u eo?n?Ts wca III i
MALT06EN .? 1
i "!'? l! S?S
, a tfcct>?? t* c ; I tion ac
I ft SmtsI Bo*r j ]|*^J up the
?rj liver a
itself 8
?? up the
?* ? creases
reservt
-?* enablir
?en is
Ms Taiasi t^mtMra. CentS D
k worn-o
I For &
KlCE, . <]i| ? ^
...
<
cotton today for the mills to stop until
they are compelled to for the want
of cotton. I want to say to the spot
holders that they have the situation
entirely in' their own hands. The
spinners are compelled to have cotton,
as I have said, and there is not
enough spinnable cotton in the world
to run the mills for six months: so if
the producers of .cotton will sit
steady in the boat and be bulls on the
market instead of bears you can get
- - Pnf. I
your own price iu: jum iun?:i. w/iton
mill spindles were not made to
stand idle. There is no money in a
cotton manufacturing plant when it
has stopped, although I believe that
they will have to curtail and run on
short time that they may be able to
have cotton to run until the present
crop has been gathered. Just refuse
to sell and your price will come.
"From the very best information I
we can gather there is reall;T not go- j
ing to be very much increased pro-!
duction of food crops this year. I !
want to say to the farmers of South
Carolina, those who have not diversified
their crops to make their farm
self-sustaining, it is not yet too late
for them to plant any of the early
varieties of corn, such as Hickory
King or any of the Dent varieties.
You can still plant these varieties up
to the fourth of July, thoroughly preparing
the land and fertilizing it.
working it quickly and it will make
good hard corn by frost. Also the
bunch SDeckled pea and black peas
can be planted yet and they will make
good paying crops. Any farmer who
has to buy food for himself or his
animals will pay the highest price
next year that he has yet paid for
these commodities. The man who is
looking for low cost of living next
year is only fooling himself."
o
CANCEL CAMPAIGN
FOR $1,320,214,557
"Friends" Fail to Support Inter- j
?. ehurch Movement; Expenses
Exceed Estimate
The Executive Committee of the j
Interchurch Movement voted yester- 1
day to bring its financial campaign to
an immediate end. Today, the Gen-.
eral Committee of the movement will
meet to decide on what basis, if any,;
the other aspects of the work may be
carried on.
It is believed that the withdrawal
from the movement of the Baptist
Church, North, which was voted at
Buffalo last week, was an important
factor. It followed by less than a
month the withdrawal of the Presbyterian
Church, North.
Originally the Interchurch World
Movement proposed to direct the raising
of $1,320,214,551 for the work at
home and abroad of the fifty-eight
boards and societies whjch became
parties to the movement. These
boards represented .thirty-two denominations.
For the first year?1920?
the budget called for $336,777,572,
which was to be raised by a drive,
patterned closely upon Liberty Loan
methods, between April 21 and May
2 last
A week after this drive closed, the
General Committee, of which Robert
Lansing is Chairman, met in Geve- j
land and received the reports showing
that at that time only $176,000,000
had been secured. More disturbing
was the report that of an expected
$40,000,000 from "friends of the movement,"
chiefly those who did not have
any particular church through which
Weak and
efficient
t drag around from day
y in a worn-out condition,
g energy, ambition, strength
ldurance. If you are nervous,
Kin and easily exhausted?if
iigestion is poor, your blood
erished, your kidneys, liver
Dwels sluggish?>
TAKE
\LT0GEN
reparation i> a oomjiound of well
medicines that ait; in the digesid
assimilation of the food, build
blood and purify it by increasing
mutative powers of the kidney
ind (towels. It is complete in
?i ..u *1?. ...i*
iUU an in*;i uaiuir iw ivi.v
entire system. Maltogen in>
your weight. It builds up a
} of strength and endurance, thus
ig you to resist disease. Mahoexactly
the thing that convalesleed?
a general reconstructor of
ut bodies.
lie at $1.20
JNGSTREE DRUG CO,
ree, S.
*
i
%
" f
to give, less than $4,000,000 had ma-l
terialized.
It w&s from these "friends" that the
general expenses of the movement
were to he* defrayed, so that the subscriptions
to specific purposes might
remain intact. The general expenses
had. in the mean time, been underwritten
by the principal denominations
participating, and notes for approximately
$8,000,000 had bean discounted
by the Bankers Trust Company.
At the time of the Cleveland
meeting all this money was gone,
and exDenses were continuing at a
maximum of $1,000,000 a month and
an average of $500,000.
When the General Committee takes
up this problem today it will meet
with representatives from each of the
co-operating- denominations. This
will mean a conference of between
200 and 300 men and women.
The estimate made in May was that
$9,600,000 would be required to carry
on the work until next May. For the
expenses already incurred $1,000,000
was needed; for those from May 15
to June 15, $750,000, and for those
from June 15 to July 1$, $250,000.
Current expenses from July 15 to May
15 next were computeu at $1,500,000;
interest charges at $600,000, and the
balance of the 1919-1920 budget at
$5,000,000. i
After July 15 the expenses were to
be on a basis of $150,000 a month.
For the first sixteen months of the
undertaking they averaged more than
three times that sum. The report
showed in May that there had been
received from the banks $7,295,622
and that other receipts, including
sales, had been $142,622. Expenditures,
including $650,000 for adver*
* * * rnn ] 01
tising, nad oeen $o,zo1 o&v, anu *?,100,000
remained in the suspense account.
None of the leaders of the movement
will admit the undertaking has
been a failure, ?ays the New York
World. None of them will fxlmit it
may be set down as a failure even if
it should be ended where it now
stands. They will admit it has not
been as much of a success is they |
had hoped, but they say a final accounting
will show more than $200,lK>0,000
raised and that the money 1
was but one of the objects sought
J
Right on the Job. I
1
1
Elsie, about to be married, decided {
at the last moment to test her sweet- 1
heart; so, going to her friend, Maude, ,
the prettiest girl she knew, according 1J
to London Tit Bits, she said to her, j
Although she knew it was a great risk: i I
"111 arrange for Fred to take you ,
out tonight?a walk on the beach in |
the moonlight, supper, and all that' j
sort of thing?and I want you., in or- !
der to put his fidelity to the proof, to j
ask him for a kiss."
Maude laughed, blushed s.nd as-?
sented. The plot was carried out
The next day Elsie visited her friend,
and said anxiously:
"Well, Maude, did you ask kim?"
"No, Elsie, dear."
"No! Why not?"
"I didn't get a chance; he asked me
first"
o
Examinations Tomorrow
Scholarship and ent:-ance examinations
will be held here Friday, July
9th. for Clemson College, University [
of South Carolina and Charleston College.
There are four scholarships for ,
this county at Clemson, worth $100
and tuition. No scholarship at the
University this year. There is one
free tuitior scholarship at the College
of Charleston.
J. G. ttcCullough, j
Supt of Ed. j
!
0 I
? ^ -j IT lA/ind
KOIICH V/'ii i icu ra? uj ?t
Wind-blowr pollen ("sulphur rain'O
is known fo he carried far. Hesselman,
of the Swedish xperinieni station.
rej^orts a quite extensive rain of
tree polleD '?n two fire ships 20 and
87 miles from shore; and the pollen
of algae is knowD to have been carried
even as far as 200 miles.
NOTICE OF SALE
STATE OF SOUTH CAROLINA,
County of Williamsburg.
Pursuant to order of the Probate
Court,bearing date, July 1st, 1920, I
will sell at publice sale, to the highest
bidder for cash at the residence of j
Mrs. Sallie A. Hogan, at GreelyviileJ i
in Williamsburg County, on the 23rd
day of July, 1920, at 12 o'clock noon.
16 hogs.
2 cows and calves, ;
1 horse,
Household and kitchen furniture.
E. P. PITTS,
Administrator of the Estate of Sallie
A. Hogan. 7-8-2t. g
1=
{
,
MH
SE Beautiful in Design
b?
$ Thoroughly Modern
v
3; Mechanic illy Righl
1 Series
3 The flexible powei
33 dies in cowded traffic
or perceptib' e effort W.
3 qualities exp lain its po
c
Eg 60-horse power det
Bj sion; 126-inch wheelbs
Eg sengers.
| All Studebaker Ca
r Studebaker precedent..
.
J Studebaker qualitj
4 BIG SIX.
i
?
| Studebak<
J Next Door to Kellahan
POOoOOodOOOtOCOwOOgOCO^OOOaJOucQCX flXuww^PoOo/SOqj
I The Time Is 1
Selling Land
By Ou:: Own
Modern Auction
Methods
1100 Trained
Experts at
Tour Service
I
j Bank References: An
\
- < ?.' i\. i
;
20 Big
: of the BIG SIX, the ease with
; and the almost total absence
hen traveling anywhere at any
pularity.
achable-head motor; intermedi
tse, giving maximum comfort i
rs are equipped with Cord T:
t
j dominant for 68 years is refl
?r Sales Com
lie Home of Service"
Hotel KINGS
I
Ripe for the Sale of Your L
When you sell your holdii
want to realize the highest j
profits on them. You want yo
sold PROFITABLY?but for
/i/v&l' Vaii Tiron4- fn Ago
SUJLiitUlC UUOt. xuu uuuv iv uvu.
reputable company?one that
lieve you of details and give ;
very best service possible.
SERVICE built along scientif
and founded on years of exp<
fits your needs exactly. OUT
ERN AUCTION METHODS
cure for you the largest poss
turns.
?TITOVl^O
UUI'I'tJpi CdCiiiaiii \ c wcu-ito
aith you at your earliest conve
e is anxious to explain what
do for you. Our organization (
than 100 enthusiastic experts,
to demonstrate our land selling
ency and ability.
No matter if your farm is
for 1920, we can sell it for you.
We handle city, suburb;
farm properties?farm lands
ally.
Write us today. Let us tell
our "Seller-Purchaser-Tenant'
a .4
v Atlantic L.oa
Realty ' Compi
I ?-/ "The Name that Justifies Your Confi
'?jj OFFICES:
yy Petersburg, Va., and Greenvi
f Reference: Any person fo
we have sold.
y Bank in Petersburg, Va.,or Greenil
Lee & Schuler, Kingstre
Local Contract Represents
*
* ^
nnniR ^
Six
i
?i
which it han- I
::
! of vibration :!
speed?these [\
' <
i!
ate transmis- | j
! ]
:or seven pas- | j
ires?another ;
/ j j ^
ected in this j |
::
i
i J '
i
I
ipany, || |
/ I
TREE, S. C. | j
K?fH?mnw |
and: |j
lgs you m
>ossible g
ur land M n'
a rea- 1
I with a S
will re- jS
yon the ?
Our ||
ic lines J|
^rience, ?
I MOD- I
will se- H
ible re-. 1 ; . %
to talk I
'nience. |
we can |
)f more J
, wants ffl
2: effici- II
rented |?
NOW. I
an and ? ,
especi- ||
[you of I
1st M
any I j
deuce" m
lie, N. C. I
t wnom . g? .
ie, S. C. |?
fcives I