The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1897-10-05
He agreed with Mr.. Latta

" IVA LAaAA
them, and he too declared that there was
not the slightest foundation for the ru-
NOR that the buyers had any pool or
combination. 81 have sold 200 bales OF
cotton to-day, said Mr.. Thompson at
tx cents. | paid from Us to = per
pound for it and ! paid II cents per
hundred pounds freight on it to the mill
to which | shipped it, besides paying *
changes, expense of shipment, &c,
which narrows my margin down 70 al
most nothing. We are paying every cent
for cotton in Raleigh that can be paid
for it without loss to the buyer"
DR.. J. \. J. Penny, a prominent plant
er and ginner who lives in Barton's
creek township, fifteen miles from Raj
eigh, said that in his section the farm
ers were not holding back their cotton.
Il nave ginned at my gin about 10
bales, and | know that 100 bales Of ii
has been sold. our people are carrying
the most Of their cotton to the mills IN
Durham for two reasons. one is that
they can generally get a slight advance
in price and the other is that they have
no trouble nor expense Of CHING. |
hear much complaint continued Or.
Penny "about the weighing and the
weighers Of Raleigh. The farmers say
that there is no accommodation about
them and that they lose in weights
when the cotton is weighed by the Raj
eigh ~weighers.'
Mr.. Hal Rand. Of Garner. and Mr.. G.
G.. Jewell, of Panther Branch. were very
severe in their criticisms Of the Raleigh
| weishers. Mr.. Rand had taken four
| bales Of cotton to the platform and was
forced to unload it himself and then get
| down and head it up on the platform
while two negroes employed by the
weighers, and the two ~weigherS them
selves stood by and declined to touch ii
until it had been set on the heads on the
platform.
"Low prices n bad treatment,' Mr..
T. =. Crowder thought was the cause
of short receipts in Raleigh. He had
| heard many farmers complain at the
treatment received from the weighers,
and he had heard criticism Of the buyers.
Mr.. w. A. Wyatt thought that the
| farmers were unwilling to sell at the low
| prices and he thought perhaps there were
other minor causes why the receipts had
| fallen off.
Mr.. Thomas Johns, of Auburn, said
| that the crop this year would not exceed
the crop of last year and that in his sec
| ton the farmers were not holding their
| cotton. AT his Auburn gin about two hun
| dred and fifty bales had been ginned and
over two hundred of them had been sold.
Mr.. n. NJ. Rand, of Crowder and Rand
thought that the farmers were so busy
picking out the cotton during the clear
weather, that they We're not taking the
time to rush it into market, and besides
all the wafer gins were die and much
of the cotton was yet ung;nned. Mr.. g.
Z. Rand, of Rands Mill, thought the
price had something to do with the short
receipts, but he had heard a good deal
of complaint from farmers about weights
and other Objectionable features connect
ed with the Raleigh market.
Mr.. Fab Whitaker, said that the prices
were so low that the farmer could east
ly see that he was not going to be able
to meet his obligations, and so he was
holding every bale possible in hopes that
by November 1st, the price would ad-
vance and enable him to meet his re
quirements. In this view Mr.. Jesse
Winbourne was agreed.
Mr.. Chas. Hinton, of st. Matthews
said that the farmers were holding every
bale of cotton they possibly could and
were not going to sell at these prices
# they could help it. He thought the croI
about the same as last year.
MI. NJ. L. Leach, an extensive cottol
planter, thinks that the low price Is rc;l
~ the cause Of the decline in receipt
He Is of the opinion that the cotton Gro
in Wake county his year viii eNcte
that of last year by u per cent. takin
in consideration the increased acreage.
NJ. Leach attributes the present lo'
prices largely to the glowing crop report
that went ont late in the summer
r ports that receipts up to date have don
much to confirm.
} He thinks the foreign and New Fin.
: land ~spinners have been tardy in bu,
: ing because of large receipts 10 til
: South Of US, and he does not look fe
70 much advance in the near future.
+ Mr.. Pat Wyatt, OF J. 7. Wyatt ~
Brothers. ana the secretary Of the 90
f. ton and Growers Exchange. thinks til;
@ the formers are not inclined To rush the
5 cotton to market at present prices ~
:: that il is largely the low price that
keeping the receipts down ia the Ralei-
e market.
It MesSrs. Eli Scarborough and Iit
q | Griffin, of the Eagle Rock and Wax
field sections, think that the cotton or,
;, is about the same as last year.
is Tobacco is being raised to q conSide
r able extent in this section of the count
is and for the reason that tobacco IS brin
T, ing relatively a higher price THAN coto
l. the farmers are selling their tobacC
1t and as a general thing holding the
4 cotton for better prices, except in
le stances where there Is special reaso
lie for selling it.
1t will be observed that there a
IS some complaints alleged against t
Is Raleigh market, for which there is abs
n lutely no excuse. For as long as K;
n eigh pays as much for cotton as 9th
IS towns similarly located, the idea tn
If there is anything like a combination
is the part Of the buyers TO keep down
l. control the price would not seem
h, he we'll founded. This idea, perhaI
comes from the fact that the first /
is hardly ever raised, and this is ve
much as Mr.. a. \. Thompson 81,
The cotton that IS coming IN now
practically all the same grade, and If
ae shipper want any cotton he knows tn
$ he just as We'll bid the top Of the IN;
le ket or his competitor will come alo
and bid the top and take 1t from n
= For this reason there is but little cont
TT in the bidding. 1t is to lie presumed ii
u the weighers weigh the cotton correct
- unless their judment IN deducting
Th F--T- III.