Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1895-10-10
Mr.. Lanes Advice.

To the American Cotton Grow
ers Protective Association:
Twenty days ago. in advance
of the bureau report | issued a
circular stating the crop eOndi-
tIOas and warning You against a
hasty disposition or marketing
of your cotton The cotton
buyers and bear spectators
ridieuled that circular. bat when
II vas Esore taan confirmed BY
the government bureau they be-
gan TO have some respect for my
Investigations
Since that time the crop has
deterIOrated TO such an extent
as TO amount To a disaster No
such weather has ever before
been seen IN the cotton district.
The worms have continued To
90 great damage. and even from
districts Ike the TalIahztehie
nver IN Mississippi where TIE
crop va said 70 be good comes
reliable information of a 40 Der
eeut deficiency.
The best authorities put the
Texas 0atpat at I.s5nGsE1 bales
or less The cotton plant l.
now practically dead throughout
the South. and a frost tonight
would do but little if auy dam
age In ny opinion this crop
cannot exceed 6J00.OeO bales
mzNimam-
-Even Mr.. NELL has been com
PEELED to reduce MS estimate TO
a maNmgm OF 100000 or =
2J99ss'0 bales. with possibilities
of much less What he termed
a possibility when his cTrcu-
lar vas issued il nov AMI es-
tablished Fact: and II Is difficult
20 see how Mr.. Sell as a stalls
reian can fail 10 recognize this
Tact vixen he issues his next en-
cular.
The situation as to the price
OF cotton l. PLAIN. The Europe
an manufacturers relying upon
mistaken information given
them aboEf the SIZE of this crop.
and lot realizing IN time that
the world Is on a trade boom.
have sold Manufactured goods
ahead until yxy of next year.
To make these koods they must
have yoGr cotton or ruin them
selves by violating their con
tracts They. a. well a. the
American sPiBRers. are caught
IN a trap This crop Is too snail
Tor ali Of thea 70 get their full
sla-@ America Mexico. Cana
ia aa4 Japan wil consume a
minimum Of 100000 bales
ThE wll leave 3J00.OOO bales
10 BE- distributed between Great
Britain and the continent.
against 6-ss0as-9 bales last year.
This wlll wipe out the visible
supply and create a panic among
cotton buyers The priee of
cotton has come to stay. and to
90 very much higher.
Last year the manufacturers
re2ped a harvest by buying five
cent cotton IL is now your turn.
They know that the crop is all
open and can be marketed be-
fore Dec 1. They expected you
TO bite at the bait held out BY
the 50 called great rise and rush
your cotton forward and press
II for sale They will then stay
oct Of the market hoping that
the weight of the cotton offered
would depress the price, i'm
plOre you not TO do this Sell.
as they try TO buy. from hand
to mouth And before January
yeu will have the American.
English, and continental cotton
buyers Oatbidding each other
for every bale OF cotton you
have to sell.
DO not be deceived by the
advice Of New York bear cir
culars disguised under a bulls
hide Under present crop and
trade conditions your cotton is
worth ten and One-haIf cents.
Do not saerafiee it because Last
year it sold at i've cents, and
now is selling for eight and one
half cents Your Obedient ser
want,
HECTOR D. LANE