The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1890-11-20
Store Your Cotton and Get Your Price.

As cotton is bringing such a low
price now we think it advantageous
to the farmer to hold his crop, or as
much of it as possible, and wait for the
prices to take rise. In the next issue
Of the Cotton Plant will appear an able
editorial on the subject and as we con-
slider it so appropriate in every sense OF
the word we give it below.
The Cotton Plant this week will say
editorially:
1t is important that every farmer
who stores cotton in Alliance Ware
houses should put some limit of price
upon his product. other ..,s,.9!rt words,
when you store your cotton, put your
price on it, and authorize the manager
to sell whenever a buyer offers that
figure for it.
This will greatly facilitate matters,
should buyer from distance want a
lot of cotton of certain grade, and
should look through the warehouse
with view of buying. Buyers would
be induced to make special trips to the
warehouses, if they knew that the
manager could sell them car load of
cotton, after the price was agreed upon,
without having to run around over the
country and trade with a dozen differ
ent men perhaps.
More than this, if it were known that
the manager had his cotton graded,
and was prepared to quote prices on
car load lots of any desired grade,
buyers from all over the country would
be telegraphing to him to know wheth-
er he had certain grades and at what
figures.
In many cases, too, car load of cot
ton could be sold to better advantage
that is, at higher average price,
than could he bad for single bale or a
half dozen bales.
In short, whenever we gel our cotton
graded and in car load lots; and it is
understood that the manager is author
lied to sell above the limit fixed by
you, your cotton market expands be-
yond the limits of little inland town
market, and takes within its possible
scope the markets of the States, of the
United States, of the world.
Let the customers at the warehouse
in this county and in every county,
invariably put reasonable price upon
their cotton when they store it, and au-
thorize the manager to sell at or above
that figure.
In my Judgment this practice COR
ta,ns the germs of direct shipment of
cotton to Europe. 1t is not outside the
range Of possibilities for consignments
of cotton to be made direct from ALI
ance Warehouses to Liverpool, and
continental ports. 1t is coming, and
coming through the channels of the
Alliance.
The day is coming when the mana
gers of Alliance Warehouses along the
Santee, Peedee and other navigable
waters of our State will make cOnsign-
ments of Alliance cotton direct to Euro
pean ports as regularly as the weeks
roll around.
Fine fancy, you say? Well neverthe-
less individuals now living in this,
Orangeburg County, have shipped their
cotton to Liverpool direct at their own
risk, and for their individual accounts
with very satisfactory results. Ifindi-
vdual farmers can do this, why, pray,
should not the great Alliance Brother
hood manage it with distinguished
succ'9s" II iAa farrraching scheme; its
possibilities are hcwildcring in their
scope but the day OF destiny is drawn
ing. True, such 4 plan viii certainly
knock out somc'S pots'that Wall Street
!,as put up; will probably "call' some
"puts," and "put" some "calls,' that
ar" not on The middle mans program
but then, the farmers, the producers
Of the staple; would enjoy a larger
share of the benefits of their labors.
Store your cotton; place your limit
on it: take your place in the process
sion; and get ready for direct trade il
1891. J. WM. STOKES,
President, S c. F. S. Alliance.