The Bryan daily eagle. (Bryan, Tex.) 1895-1898, 1895-12-28
COTTON ACREAGE.
ResOlolutIOns of the Memphis
Cotton Exchange.
FARMERS URGED TO CONTINUE THE
POLICY WHICH BRINGS SMALL
CROPS AND PAIR RETURNS.

CROPS AND fAIh RETURNS.
MEMPHIS, Tenn, Dec. 24-At a
general meeting Of the Memphis
Cotton Exchange, held December
90, 1895, the following resolutions
we're unanimously adopted
The cotton crop Of lS94-'95 ag-
gregated the enormous total Of
1901 PSI bales, and greatly eK-
ceedod the requirements Of the
worlds manufacturers. The mar
keting Of this enormous crop de-
pressed prices to such extent that
values were the lowest known in
the past fifty years.
The commercial value Of the to-
tai crop was S297 ,037 $50, and only
exceeded the short crop Of 1929
sl2,272,0lS, although the produc-
ton was S,20O,sS6 bales greater.
This enormous crop, with its pro.
portionately low price, netted the
producer less money than will the
present crop with a smaller acre
age and a production Of nearly
one-third less in bales.
1t having been practically dem.
onstrAted by the results OF the
present season that a small croI
Of cotton actually brings to the
producer more money than an ex.
tremely large crop, and that the
Southern cotton producers, having
grown their supplies at home
thereby making cotton the sur
plus, or money crop, are generally
in better condition than they hav,
been in in years, il is unquestion
ably 10 the interest Of farmers no
to produce a crop greater than th'
requirements Of manufacturers
The growing of large crop o
cotton entails proportional,
greater expense than a small crop
The cullivating, picking, ginning
freight, ETC., in marketing the ad
ditional bales is an immense item
especially so when prices are de
preciated by the fact that the GRO
is a large one. Experience Of tn
past has demonstrated that in
large crop year, with depreciate
prices Of cotton, rental and realt
values improve propCrtiOnatel, !,
The high range Of prices Whic
have prevailed this season, a
compared 10 last reatOn, has beer
We fear, the means Of stimulatin
on the part Of planters to increa'
the acreage Of cotton for the con
ing year, and consumers are no
holding on in laying in a supp
Of tie staple, under a belief th
an increase in acreage will depr
ciate present prices, AID enab
them TO get what they need
lower prices.
Another matter for the farme
to bear in mind is that at the pre-
- ent time, when there is a reno
possibility Of \ war, il such shou
occur, the inevitable result there
,ls would be to depreciate the val
II Of cotton aod appreciate the val
.'s Of all food crops therefore, be
* Resolved, That the Mempl
ful Cotton Exchange urgently recol
ar. mends to the producers that
ga production Of home supplies
made the first consideration
nc, planting operations for the comi
md year, aud the acreage Of cotton
a not increased over that of i
Iall year.
i Resolved, That we approve a
indorse the American Cot
oiy Growers association for BRING
eel about the reduction in the acre,
ers Of the crop now being markets
the aud We respectfully urge the II,
,n, Hector ID. Lane, the preside
- and his coadjutors, the preside
VIII of the various cotton states Of 3.
mt association, TO continue in the e
work, and TO take up the mat
at the earliest practicable nome
III and urge it again upon the att
'th, tion Of the cotton producers OF
to South.
il Resolved, That the various ,
r.o, ton exchanges throughout
South be and are hereby rcque
PM TO cooperate with this exchar
Iim in this matter, and lnat the Sou