The Savannah morning news. (Savannah, Ga.) 1900-current, 1900-10-03
COTTON SOLD ON THE STALK.
REMARK ABLE DEALS MADE THESE
DAYS ny TuE PLANTERS.

sen Island Cotton selling nj 10 Cents
and short staple at 10 Cents n
Pound In the Fields. the Buyers
TnLtaE All Risks-Mr. W. ". chap
lin Reports Upon the Conditions
which lie Found in Georgia and
FIorida-rhe Crops Generally Poor
aud the Farmers Are Well Aware
OF the Fact-Intcrior Purchasers
are BuytnE Freely at Figures
Above Market Prices.
SIR walter II Chaplin. OF Dancy q
chaplin. has just returned from trip
through the sea island cotton country OF
Georgia and Florida. during which he
,-ited all the important points In the ter
--orv tributary to savannah. Mr. Chap
ia reports a rather remarkable state OF
af4irs in the country. Not only Is the crop
snort. but the farmers and interior mer-
GIANTS are convinced OF this fact aud are
t...ug and selling the crop on che stalk
.rI in the seed. and that too AZ prices
which are hardly warranted by the state
d. me market NJ Savannah.
Tho condition IS a most remarkable
rre said Mr.. Chaplin TO Morning News
reporter yesterday. and one have never
n..ors seen equalcd In che history OF the
,.as Al Boston. Ca. I found that sea
island cotton had been sold IN the field bN
farmers al % cents per pound. che seller
a,-ss,ng tosplck and deliver. This was on
,se s,alk. the purchaser taking all risks
as 20 stains and other damages TO the
ssr.a The interior people are thor
osatv convinced that there Is SNORT
both OF the short and the long
,.rta. and the men who have money seem
willing 20 invest in cotton At prices 81
,ti-, they could hardly realize proh'
~ .e. savannah market at present, tax
M i'm consideration tho cost OF delivery
.- other expenses Short staple cotton
D.. icing freely boufhs In the heldF ~ lp
. +, round and many farmers are very
..etful about making deal, atNeNeH
it, figures. ,.s,,,ir
u was reliably Informed that sea isiahI
cotton was being bought IA the se'n ~
cents a pound. As Il taxes Ho'h
d, t,ur and one-quarter pounds OF he"u
,..p 10 make a pound Of lint, you can
l.a what a price the purchasers are pay
OK .og o. Even allowing for the seed 'he
is .bous q cents a pound, anu 81
t.a figures they could hardly denver y,
and scIl except at loss iouh'
many Instances where interior buyers are
paving or have paid higher prices for ooih
t.s ISLAND and short staple cotton ina"
Ma quoted at she ports.
rac country people are fully convinced
NJ here IL short crop Of botn stapieF
81 Sc Chaplin. Hani judging from wnat
v and what learned from othefs'
have the right Of u. The c~t"n crop
nlly poor onesin the sections
visited. and reports from other
are 10 the same effect u zoe
-. reduced in the same ratio through n
.f south the Yield VIII not be NOR
Hli lob 20 Z per cent. Of that OF iast
lt his prove 90 be the case uplands
Hv 20 60 1919 cents and aooNe'
aHI S.. Stands to % to 30 cents before
IHI. In many Instances buyers are
N.-t. .otton in the country In the belief
rs will 60 much higher.
formers are generally In good con-
aid Mr.. Chaplin, They are re-
more money for their cotton, are
f- tn their advances promptly. ana
tact independent The farmer Is
things this year. and ! am glad