Copiah signal. (Hazlehurst, Miss.) 1888-1899, 1889-09-19
SOUTHERN AGRICULTURAL


" we world Tor the above reaaaa an1
ier The further reason thai thar. the
cotton from all the eoston-proaseiug
countries meet In composition Amer
can prices represent just a. Iow
price a. the Liverpool market will
Justify and whenever American buy
ers offer only a fractloa loser than
The shipper can realize By scndinT his
cuiton b. Liverpool. he wlu ship IA
there, And American price. must
therefore. represent the liverpool
price less the cost 81 all expenses that
attach 70 shipping aud selling IN that
market These expenses can 4. es,l-
mated with great accuracy. and in
shlchever market the seller can realize
The most net monay there he
VIII sell This operates " kesp the
markets practically equal In ship
ping W laverpool. there Is freight
70 b. pAia also insurance. commits
sions and tare for hagving. ties aud
dirt These all attach a. expenses.
and arr dedueied from the gro.. pro-
eceds 10 give 81 the net OF American
price. The tare for hagging and ties
4 sariousiy estimated; some claim that
they take OF the baggiag aud ties aud
weigh the net cotton; Others that the
'les are taken on and weighed actual.
and That the hagginR l. estimated at
sixteen pounds and dirt at four pounds;
others that they take a tare % liz per
e"nt OF about an average u thirty
pounds pr bale The latter system Is
probably almost the universal custom.
aud Tor The purpose ~ thi. eKamina.
ton the tare will - calculated AZ
thirty pounds per bale. a. j. the Gus
tom Ia estimating American quota.
uons The ties actually weigh about
ten pounds. and a. 50 have seen the
bagRing averages Ten and n half
pounds, the allowance - the four
pounds claimed for dirt brings the
total up % twenty -four and q halt ana
leaves the balance ~ eve aud a half
pounds Ia represent loose cotton that
STICKS 10 The rough hagging when "a l.
removed Oi course that l. entirely too
much. as probably not over a pound
or two does actually 40 stick % the
bagging. but u i very troublesome in
that particular. since. then. a tare
representing the full amount % the
weight Of the hagginR and ties. and
about one pcr oonl - the cotton. Is
deducted a. Liverpool market. and
since the Liverpool market axas aud
regulates The quotations u al other
markets. American a. we'll a. foreign.
let no man bc deceived BY the A.-er-
lions Of superficial persons who claim
that no taro i taken o. the American
market The taro i allowed for IN the
quotation ~ prizes, aud. therefore. l.
never avoided by single bale. And
since y represents al tbs haggine and
The tics and one per cent 81 the cot
ton. there Il exactly that much ab.o-
lutte loss that must b. charged 20 the
expense account 10 illustrates sup
pose a bale Of cotton sold velrhing
52ni pounds, AZ : cents : pound there
ar 90 pounds - cotton. bringing ca
and ~ Y0uuds ~ bagRiug and ties
bringing o. o. making a total az EEL. o.
II would seem that the bagging aud
ties, hlch cost probably ~ cents. had
been sold for "a cents profit bit II
should be- remembered that ccnts.
a. the price j. based on the Eagllsh
tarv. and without that would b. thirty
pounds, at cents. more ou tho bale.
or o. o.. bcing about ~ cents per
pound. Nov whAt l. the difference
between paying the - cents and de-
doducting the tare, or paying cents
and pretending not to'
Tho baRging made from cotton l.
much lighter and h Of uniform weight
This IL an advantage. becau.s the
weight being always the same. Il can
b. accurately estimated, whsrcas. lutte
being Of different weights. the tare az
above shown. i based on heavier
weights. The cotton weighs three
fourths o. pound. and II the sane
amount be used A. u customary u
iuie. the crop q 7.@po.eo bales win
require 4l.6n0 80 yards. watch viii
weigh SlOo,O0o pounds. aud costing
at l2l cents per pound the maximum
price o.. zoo. CO. by allowing two per |
cent for waste Ia manufacturing. the
gross pounds u raw cotton used IL
making that amount Of hagging year
y Wiil b. s4.6s4O 90 pounds. o. -. :
$50 bales Of 500 pounds each. Cotton
L. much less inhammAble than iuia.
and. In consequence. it's claimed. will |
b entitled 10 lower rate Of insur- |
aaoe Cotton will weigh from Elk 10
eight pounds less thaa iute per bale.
and II will have no lint cot
ton sticking 20 n; therefore !
the tare must be- reduced eight pounds |
In cotton wrapped in cotton bagging.
The planter viii b. independent Of The |
cash market for his loo grades Of cot
ton. and can ship them to native
southern cotton mills 20 be made lnto |
hagging II not over Sleents per yard;
aud estimating such low-grade cotton |
at 9 eents per pound. thrse quarters % |
. pound would cost a cents ior the
cotton. making : cents complete. and |
n the lowest possible estimate at this |
added Independents Of money power 10 |
price cotton. together with augmented |
utility % the loo grades and Increased
demand. ~ith the consequent shortage |
In total crop produced BY this mara
fActure. the price Of the entlre cotton |
crop could not fall 10 b. very materially
aagmentel In price. The 10 various
~ estimated al from cent 10 "A oents
per pound Hut say the very low
ct. or 4 Of . cent per pound Increase
oa the entire crop The encourage
meat of domestic manafactare. from
domestic material will also stimu-
lAte The market for domestic food
prcaucts
In submitting these facts and Hg.
ures. md comparing proceeds with ex-
pansaa. q correct conclusion may be
reached. which viii 81 all tines be |