The watchman and southron. (Sumter, S.C.) 1881-1930, January 13, 1917, Image 5
l?atxbuwn ;mb Scutbron,
r*ICItM>?AL> XKVliON
Private Lawrence Brunsen of tho
hoepitat corpa of the Second Itegl*
ment arrived In the city this morning;
from Bl Paso, where he has been
With the regiment for several months.
Mr. Branson's term of service had
expired and he was mustered oat.
While not engaged in the Held maneu?
vers in which the Sumter company
was engaged, Mr. Brunsen has had
some hard work in the hospital corps
and says that he was as tired of bor?
der life as any of tho rest of tho boys.
Mr. C. R Culling, of St. Louis, who
haa been on a three weeks' visit to
Mr. C. M. Deal and family, has gone
to Moria* whore no will spend some
lima
Mr. P. R. Turley. of Chicago, who
bee ooerv vtsiUne Mr. C. H. Deal, No.
It Oedstand Avsnue. left for Charles
ten Monday night.
Dr. Waiter C hey no has sufficiently
recovered from his lecent illness to
he able to be out on the streets
ssjeifcv sauet? to the gratification of
his. many friends.
Mrs. Ed Lang, of Omaha. Neb.. lr
visiting her sister. Mrs. Abe Rytten
burg.
Rub-My-Thtm?Antiseptic, relieves
rheumatism, sprains, neuralgia, etc.
tX)X8TKl CTlNG NEW DRIVEWAY.
K B Bel ear and associates, who
some time ago purchased the Nash
party off Broad street to the north
eat of the city, have commenced
work towards developing this prop?
erty and In the near future will have
a beautiful driveway through the
tract extending in a.loop from an ex
tension of Broad street near Shot
Pouch to an eatenslon of North Ma n
street near the Hogan farm.
Work was commenced on this
driveway about two weeks ago and
by next Sunday, unless rain intervenes
and prevents the completion of the |
work now underway, it will be open
for auto m obi lists to take a nice lit?
tle spin .lust out of town and back
again.
The driveway connects with Broad
street Just west of the Nash residence
and comes out on the Humter-Bishrfp
ville read lust south of Vlck Baula's
farm. The driveway from Broad
sti set this aglt the tract will be seven?
ty feet-wide and the plans contem?
plate the planting of pecan and syca?
more trees alternately on each side of
the drivoway with ten-foot sidewalks.
The driveway on Its eastern end is
40 feet wide.
At present work is going on through
the savannah. The center of the
driveway is being built up to a height
of eighteen Inches above the sur?
rounding level and Its sides slope
do an to give Plenty of drainage in
wet weather. A mud-clay road is be
ing built, dirt v hlch hardens rapidly
on exposure, and the driveway, al?
though it has not yet been rolled, ex?
cept where it has been freshly built,
Is harder, and not any rougher, than
moot of the roads about Sumter.
Messrs. R. Hl Belser. W. O. Heiner,
J. E. Belser and D. R. McCallum pur?
chased some three hundred acres of
land In this section which they are
dividing up into tracts to be sold as
small farms. They contemplate fur?
ther work towards opening up the
tract which extends prat-ttcaly from
Broad street baek for halt a mile and
from shot Pouch to Morris College
property. The portion of the property
near Broad street will be divided into
nod sold us residential lots.
A verj Interesting ard difficult pro
lem which the promoters have met
is th? finding of a suitable name for
the driveway nnd for the divisions of
the tract. Numeorus ttles have been
considered and rejected, the naming
being a problem still unsolved.
Break your Cold or LaOrlppe with
a few dosoa of 6<;6.?Advt.
-
Ht XiTr.lt COTTOrl MAI IK KT.
Corrected Dally oj
HA it B V A CO.. Cotton Buyers
Good Middling 18.
Htrtct Middling 17 7-8.
Middling 17 1*4
Strict Low Middling 17 12.
Low Middling 17.
Corrected Dally by
ERNTEST FIELD, Cotton Buyer.
Good Middling 17 7-8.
Strict Middling 17 3-4.
Middling 17 6-8.
Strict Ix>w Middling 17 3-8.
liow Middling 16 7-8.
Staple cotton 20 to 23c.
WKW YORK COTTON MARKET.
YcaMys
Open llish Low Close Clo
Mch . .18.1 1 23 17.98 18.1 3 .22
May . .18.40 ,11 .28 .11 .47
July . 11.3S .61 .29 .36 .47
Oct. . .17.03 .18 18.99 17 OH .06
Pfd. .17.00 17.00 .04 .1?
DISCUSS LIGHT-WEIGHT BALES.
1W. DAUBS SAYS CHOI* WILL DK
MILLION AVERAGE RALES
SHORT.
Is Collecting Data on Subject and lle
|K>rts from all Sources Indicate
Thai Crop is licss Than Ginning
Records Show.
Maycsvillo, Jan. 8, 191?.
To the Cotton Trade:
The evidence of extremely light
weight bales of cotton continues to
accumulate. I will give the weights
in three rocent letters that have been
addressed to me. Mr. A. B. Campbell
of Kastover writes that he ginned in
1915, 906 bales average weight 482 7-S
pounds; in 1916 675 bales, average
weight 407 1-8 pounds. Short in
bul -H, 231; short in average weicht,
7& 6*8 pounds.
The abov? is no kucss, but is made
up from my gin records and I thiak
will-.apply to all the gins in Richland
county. v
Mr. J. S. Craft writes: "I had my
book-keeper to take a shipment at
random, 129 bales, and find the av?
erage weight is 432 pounds. II.wo
been buying cotton fifteen year.) and
bales are lighter this year than ever
before."
Mr. David R. Coker writes: "I am
glad you are making an investigation
of the weight of bales. I have just
had one of my clerks to look up tan
100 bale shipments made throughout
last season and the same number of
bales and shipments made about the
same dates this season. There is an
actual difference of 19 pounds last
year's cotton weighing 482 pounds,
against 463 this year. We have,
however, on hand about 50 bales
of average weight of only about
2 75 pounds. These we expect to
repack. This year's shipment should
be scaled about 2 pounds per bale to
allow for these light weights, which
have been culled out. I should
say, therefore, that our this
year's cotton was 21 pounds lighter
than last year's. Yours very truly,
David R. Coker.
A banker-farmer tells me he
bought bagging and ties for 300 bales.
His crop was about 175 bales, all of
them being light, not exceeding 4*0
pounds. That he packed as many
bale* as he could reasonably do to
use up the bagging and ties. From all
the information I can gather the
crop when reduced to bales of 500
pounds each will show a million less
than the gin records.
H B. W. Dabba,
Former Pres. 8. C. F. U.
The following correspondence be?
tween Mr. W. W. Rowland, manager
of the Rowland Warehouse Co., and
prominent New York cotton brokers
in reference to average weight of cot?
ton bales, will be of interest:
Sumter, S C, Jan. 3, 1917.
Messrs. Hubbard Bros & Co., Cotton
Brokers, New York, N. Y.
Gentlemen: The enclosed clipping
may be of interest to you.
You will sec from samo that tho
cotton which I have on storage
amounts to a shortage in weight equi?
valent to 202 bales, as compared to
last year.
I understand that It is even great?
er than this averago through this
section and some of our buyers nay
that it averages thirty pounds per
bale.
If you v ill take the trouble to in?
vestigate this mutter throughout tho
cotton belt, and if it runs this way, it
will easily make u difference of half
i million bales for the 1916 crop.
Yours truly,
Rowland Warehouse Co.,
W. W. Rowland, Mgr.
New York, Jan. 5, 1H7?
Messrs. Rowland Warehouso Co.,
Sumter, S. C.
Dear Sirs: We are in receipt of
your favor of tho Urd, contents of
which httvo had our very interested
attention, and we have read tho rc
inarks regarding the li?ht bales with
much interest.
If this is correct, in other words,
if tho bales are lighter than lost
your, it will mean that it will take
more bales to mako the government
estimate than the actual estimate it?
self. In other words, If the bales
run It pounds under 500 pound hales,
It would mean that an estimate of
11,500,000 bales of 500 pounds each,
M I would have to get 11,616,100 baits
In order t<? get the actual weight of
tl,50o,ouo bales of 500 pounds each.
Therefore, if the government is cor?
rect in their figures, does it not mean
that we arc going to have more ac?
tual bales in tho 1910 crop because
the weight Is less
If the eotton weighed over 500
pounds per bale, then we would have
less actual running bales than the gov?
ernment estimates. Most people simp?
ly look at the figures regardless of the
actual meaning. Just like last year,
they look Hester's consumption Hg?
ures of 14,750,000 bales, hh tlie ac?
tual consumption, whereas as a mat?
ter of fact, Hester estimated in this
amount the probable amount of cot
ton that would bo consumed In Aus?
tria and Germany. The probable
amount of cotton has nothing to do
with it, because we could not export
anything to Austria or Germany.
Honce, the actual consumption was
only about 10.000,000 bales, but even
today noobdy listens to this argument
and they refer you constantly to
Hester's ligures. It would r.cem to
us, therefore, that if your figures aro
correct, it is more of a bearish than
\ bullish argument, providing wo aro
nolng to get the basic crop that the
government estimates.
Yours very truly,
Hubbard Bros. & Co.
Sumter, S. C, Jan. 8, 1917.
Messrs Hubbard Bros. & Co., Cotton
Merchants, Hanover Square, New
York.
Gentlemen: We tharik you for your
favor of the 5th instant and have
carefully perused its contents, biat
we cannot agree with the conclusion's
drawn by you that our figured are
more of a bearish than a bullish ar?
gument. 'f
You ask the question, that if the
government is correct in its figures of
an estimated 1916 cop of ll>COe,O0v
bales, does it not moan that we' aro
going to have more actual bale's- if
the weight of each bale is less than
500 pounds You state that if the
cottbn weighs over 500 pounds per
bale, then we would have less aenmi
running bales than the government
estimates. ? ?
Most assuredly, we agre with fhfe*o
premises laid- down, but, are tho -ig
ures, in estimated bales of' any vrthfe
to the cotton market in arriving at
the value df cotton by* the pound, mi?
les* it is known whether or not the
estimated number of bales contain 450
pounds instead of 500 pounds?
You assume that the bales will con?
tain around 500 pounds each, but sup?
pose for argument's sake that tliey
only contained 100 pounds each, what
would happen to the bear holding a
million bales with each bale short 4(TO
pounds, if he blindly purchased the
ootton at so much per bale instead
of by the pound?
Our understanding is that up to this
Writing the government bases its' re
;x>rt upon the bales actually ginned
and the estimated number of bale.
left in the fields, actual pounds not
considered.
According to this report, the gov?
ernment estimates the 1910 crop at
11,51 1,000 bales ,and prices of cot?
ton by the pound is regulated to s]
great extent' on the exchange upon
the governments estimate of the "num?
ber of bales, not knowing at the time
how many pounds each bale will con?
tain;
Is this good business judgment up?
on sound business principles, or is it
simply and purely peculation?
Since writing you, I? have obtained
the actual number of bale1 and weights
for Sumter county. South' Carolina, ta
December 13, 1910, which is 24;683i
bales averaging 467 pounds each, or
11,526,961 pounds.
Now, according to the rules of tho
cotton trade, 500 pounds as a stand
ard bale, 24,6&3 bales should give 3 2.
481,500 pounds, which makes i
shortage for Sumter county of 811,3.11?
pound*, or 1,629 bales.
If Sumter county is a fair repre?
sentation of weights throughout ihc
cotton belt, and I understand that it
111 a conservative forecast, a shortage
will result of 379,863,000 pounds,- or
759,7 "iO bales in the government's"en
limhtcd 1910 crop of 11.511,000 bales
Furthermore, using your argument
that shortage in weight will require
additional bales and taking into con?
sideration the additional bagging and
ties required in the production Of
these 769,726 bales at 25 pounds ouch;
you have 18,993,160 pounds in bagging
and ties, or equivalent of 37,586 bales;
which added to the above shortage of
759,720 bales, would result in an ac
tual shortage for the 1916 crop of
497(86] bale* in the government ?sti
mate, baned upon the actual short
ago of o'J pounds in each bale of-tho
present figures from the yield of
Sumter county.
Can the manufacturer produce; or;
noch from 4 67 pounds of cotton as
he can from 500 pounds?
And considering the rule of sup
fly and demand, from which-'ad
prices are regulated, do these iitftrrc*
pound bearish rather than bullish?
Furthermore, for the sake of argu?
ment, when the final ligures are pul
1 shed by the government, giving the
actual number of pounds produced in
the 1916 crop, suppose the estimate 1
11,511.000 bales were produced at
16V pounds to the bale, would not the
manufacturers bo short 379,803,000
pounds, or 7"t>.72n bales at 500 pounds
each?
As it require* actual number Of
pounds of cotton to manufacture
goods in stated quantity, Hot** holes
of cotton at unknown weight, will not
the supply and demand rule Of?h
.step in and offer higher prices for
pounds of cotton In order to comply
with the contracts made for manu?
factured goods?
You say that "most people simply
look at the figures regardless of the
ertttiil meaning."
Ill conclusion, I wish to again call
your attention to the fact that tho
estimated number of bales in a year's]
crop have no "actual meaning" what?
soever, unless it is known actually
how many pounds of cotton the bales
contain.
The estimated bales are simply,
speculative in character and really
have no "actual meaning" until it is
learned positively the actual number
of pounds in the crop, and we con?
fidently predict from info: mation in
hand that a shortage of at least 700,- j
000, 500 pound bales will result from |
the shortage in weight of the bales
produced, basing these figures upon
the estimate of 11,511,000 bales by
the government.
Yours truly,
Rowland Warehouse oC,
W. W. Rowland, Mgr.
New York, Jan .5,' 1917.
Mr. W. W. Rowland, Manager, Row?
land Warehouse Company, Sumter,
& C.
Dear Sir: It gave us great pleas?
ure to receive your letter of Jan?
uary 3rd together with a clipping, and
we- have taken the privilege of bul?
letining your comments as we consid?
er the matter of great value to the
trade.
We had the same reports from Ala?
bama and also from the western sec?
tion of South Carolina.
Our Texas correspondents have not
given us any information on the
Weight of the bales and we are today
writing one"or two people in reference
to this matter. ***
Yours very truly,
Johnston, Storm & Co.,
By Walton Storm.
I ' New York, Jan. 5, 1917.
M* W: W. Ro wland, Mgr., Rowland
Warehouse Co., Sumter, S. C.
Dear Sir: We have your favor of
the 3rd inst. with clipping attached,
for Which we thank you.
We believe there is a whole lot of
logic til your argument and think
realization of that fact will sooner or
later bung about a higher range of
prices;
> The market has shown a very good j
undertone today and we expect to sec j
higher prices in the near future.
Awaiting your further favors, wo
are, Very truly yours,
Chas. Fairchild & Co.,
By J. C. Bishop.
Cu mm lugs-Langs ton.
On Sunday morning at 10:30 o'clock
at the residence of Mrs. J. J. Bran?
son on Washington street, where she
?has*' made her home for several
months, Miss S. Pauline Cummlngs
and^dtfr. J. S. Lungston were united
iff marriage, the Rev. R. S. Trues
dale, pastor of Trinity Methodist
church officiating. The ceremony
was witnessed by a few of the friends
of the contracting parties.
Manning, Jan. 7.?Quincy Thames,
the seventeen-year-old son of Mr. and
Mrs. John P. Thames, of this place,
died at the home of his parents yes?
terday afternoon and was buried in
the' city cemetery this afternoon. He
had been suffering from malaria dur?
ing the autumn, but senied to be
very much improved, when latterly a
severe type of hemorrhage fever de?
veloped und he rapidly declined.
Quincy was known of all as an indus?
trious^ studious and courteous boy,
being valuable help on the farm as j
well as a model pupil in the high
school.
NWOrleans, Jan. 10.?A written ?
request that the label of his taoascol
sauce be placed on his tombstone was1
left by O. P. Moss, the millionaire]
sauce manufacturer, who shot and
killed himself in a hotel here today. [
! . WOOD'S :
i .... _
. SSSeidf Catalog.
for 1917, tells about the best
< fori? and
(u&rden Seeds
arid jrives special information d* 'o
/the bistw crops to grow, both fof
profit and home use.
Tlje larj;e increase in our hu '.i
Hess which wo have again expert- j
enced during the past year is tLc j
best of evidence as to the high
quality of
: WOOD'S SEXDS.
' ? a ? CiL.?I 1 " ?
'Write lor catalog ar.d prices c.f
?Gr?sjiwrtClbV?r Seeds, Srcd
Potatoes* Seed Qatfc o>r any
Ffcrm Se^dv required.
Catalog mailed free on reuest.
T.WvWOOD?SONS,
SEEDSMEN, - Richmond, Va.
y 1 x 'i ? f 1 1
Geo B. Hurst,
?JiilfltH? MS fc'sUiMH.
i I i .j omt .t?f ?????'?. * ??? ?
Phone*. Nu*2*2or ?
I
??
8
il
I
8
AT THE 010 PRICES ? BIG SAVINGS
The
advance in
price will
go into cf
feet, Jan. ^
15th there?
fore we
cannot ac?
cept orders
; later than
m Jan, 13th.
This Is What You Save
If You Buy This Week
Gossard models that will soon be sold at
Gossards that you have worn, will retail at
Gossards in many models yours probably
Gossards that have been great sellers, soon
Gossards in standard models that will be
Gossards in fancy materials, soon
Gossards of great values, will be
lev frile
$2.50
3.00
4.25
5.00
G.50
3.50
10.00
NOW
$200
2 50
3.50
4.00 ?
5.00 a
6.50
8.50
SHOP
Your B<>v\s Xoras Gift.
i
1
Lout Christmas his father gave Mia a Hank Book with a do
posit in it of % 10. Today h?? has in his account $ 17S.r>0?every
dollar besides the intercut he earned himself, lie Is 14 years old.
Before hist Chtistmas he had never put by a dollar. Let's start
your hoys with Chrlstmaa Accounts this year. %\?%Z?$10 does
it. May we make them out for you?
THE PEOPLES BANK,
We pay 4 per cont. Interest in our Bovings I/epa^tment.
g$ The National Bank of
South Carolina
$1,071,307.25 LEADERS
Our steady growth tells the story
?New accounts eaeh day?The largest
bank in this section oi the State.
Safely ttrst. Prcparedneas all the
time. Your patronage we want.
c. G. ttOWLAND,
Pjos.
H. L McClY,
Cashier.
THIS BANK
^i^?^^!^??^?*>???>??*i??????4^-f*t*oe?aiunit Hi
::
? ?
? ?
:; Gives a dollar's worth of real service for
every dollar deposited her*\
THE FIRST NATIONAL BANK
OF SUMTER.
ThcOldost [tanking Institution in Che County