The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1903-10-02
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.MARKET / Z SLOWLY.
That Is the Advice Given the
Farmers by Mr. Jordan III

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Farmers BY Mr. Jordan
IN HANDLING THE COTTON CROP
=. Ne rhinks They g Should ) ] Ia Take FAX Ad.
vantage of the Cotton situa-
ton ton and Psoteos Their
Own Interest.
Hon. Harvie Jordan. of Georgia,
president Of the. Southern Cotton
Growers Protective Association, hus
issued the following address to; the
farmers Of the cotton growing States:
T The cotton producers OF the South
have long wished to realize goodsprices
for their staple and the opportune
time has now arrived If proper judg-
ment Is exercised In marketing tile
present maturing crop. To make q
successes Of any business, n thorough
knowledge Of every department. con
nected with 1t. and judici0us exer-
else OF sound Judgment must be dis
played. We have now reached the
stage In the worlds production and
use OF cotton where the laws of supply
and demand can be fixed and regulat-
ed upon q legitimate basis. We are
no longer faced with an enormous sur
plus as was the case each year until
quite recently, giving the mills and
the spectators an opportunity to de-
press prices by claiming the existence
OF heavy stocks on hand.
Since the organiza tion OF the South
ern Cotton Growers association in
1900, strong efforts have been put for.
ward each year by the members and
officers Of the association in each
State looking to the adoption OF more
systematic and busineSs-li like methods
In selling the crop. The rapidity with
which the great staple crop of the
South has been rushed ON the market
In past years has been ruinous to the
producers. An enormous Uyersupply
has been created during short period
OF time when no legitimate demand
has existed. In the early fall spinners
have been In the habit of buying SUP
plies to last for 80 and 90 days only,
after which they retire from the mar
ket and the producers are then left ii,
the hands or spectators who continue
to buy up tile crop, making contracts
with mills for future deliveries as the
staple may be needed for actual con-
sumption. To force the sale of q
twelve months supply Of any com
modify within the short space OF
three Or four months will necessarily
place the seller at great disadYant-
age in the market.
The great object and purpose of our
association has been to, first, place in
] to active! operation scheme by which
SA.-r
gathered regarding the yisld Of each
years crop, and put that In formation
Into the hands OF the producers, man.
ufacturers, anu the legitimate trade
as rapidly and as early in the season
as possible. This Is now being perfect
ed through the cooperation OF tile
United States census and agricultural
department at Washington, by the
reports OF ginners on the one hand,
and the reports Of fully $1,000 active
correspondents through the other.
It>may safely be predicted now that
the time is near at hand when COM
merclal reports, often gotten up for
selfish purposes, will become a thing
Of the past, and will exercise but little
or no influence np0n the crop from the
standpoint Of a statistical report com
mandlng serious consideration
Our second great aim, equally i'm
portant as the first, Is to educate the
producers upon the high Importance
OF moving the crop slowly. To market
one tenth Of the crop each month, in.
stead OF -ene-fOurth as has been the
rule In tile past. II the growers Of
cotton will cooperate to break up the
present bad system by which nearly
one-fourth Of our cotton crop is con-
tracted for in October deliveries, a
giant stride In the right direction will
have been gained. The legitimate
market for spot cotton can be and is
as easily gluttcd as with any other
farm product, Two important essen
tials are necessary to a solution Of this
problem: make our fall accounts due
IN October, e-third, January, one.
third, and the balance April 1st the
following year, then begin to raise
more supplies at home and cut the
strong band Of the supply merchant
which dictates the sale OF the most Of
the crop as fast as gathered.
This season the producers occupy
the strongest position in the regula-
tion OF prices for the crop which> will
soon be ready for market. Supplies
for the raw staple have been more
completely exhausted within the past
year that at any time within the past
four decades. The present high prices
for spot cotton Is due to scarcity of
raw cotton, and denial of this fact
cannot be unloaded on the shoulders
Of ths Brown, Sully ''bull" clique.
The mills have shut down because
they have no cotton to spin, and be-
Cause they cannot find In the market
such grades as are fit for spinning
purposes. Stocks are exhausted and
the active operation of spindlcs In this
country and In Europe can only be un-
dertaken after the present crop begins
to move to market. This fact is clear
ly emphasized by the activity OF mills
IN pushing their orders for new cotton
ut this time This state of affairs
could not exist II the mills were shut
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