The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-11-14
JORDAN ADVISES
COTTON GROWERS
Urges Them to sPIay for Bet
ter Prices
PRODUCERS ARE IN POWER
All They Have to Do is to Sit Down
and Refuse to Sell Until the
Present Spot Stocks
Are Removed.
PRODUCERS ARE IN POWER

Macon Ca, November 1s-Hon. Har-
vey Jordan of Monticello, Ca, president
of the Southern Cotton Growers Protec-
tive association. has issued an address
to the cotton producers of the south In
which he says among other things
The producers are to be congratulated
for the firm stand they have already
taken to market the crop slowly, and
that fact alone has prevented the price
from falling to eight cents during the
month of October. The crop is about
gathered, debts generally are paid, and
1t is no longer absolutely necessary to
sell the balance of the crop. The gin
ners' report recently issued from the
United States census bureau indicated
that up to October Is, only 100000 bales
of cotton had been ginned This report
clearly indicates that this crop will not
exceed 100000 bales, If Il reaches that
figure.
The spinners can well afford to pay
the producers u cents per pound for ev-
cry bale of American short staple cot
ton made this season, and do a profitable
business for the stockholders
Yarn Prices Advance.
THE price of yar,.- has advanced three
cents per pound within the last sixty
days, and an unprecedented demand for
OOllOi bpbuS tAloNST WIiit SAbths
ly are lower than they have been for
the past twenty years. The duty of
the producers is plain and simple. They
have crowded the markets for the last
two months, congesting every facility for
handling cotton, and playing into the
hands of the bear spectators and spin
ners
The thing to do now is to give the mar
kets and shippers a rest during the next
sixty days, and allow present stocks OF
spot cotton to be gotten out of the way.
Let the spinners who are living from
hand to mouth run short of cotton. and
force them into the markets as active
buyers. Let the bear spectators begin
to feel the lash of the bull operators
when the latter call for the deliveries
of spot cotton, which the former will be
unable to deliver
Let every holder of cotton absolutely
stop selling and sit down at home and
quietly contemplate results Let eacf
holder put no more cotton on the mar
lket until prices advance, and never sci
bale on a depressed market.
Let Meetings BE Held.
Let county meetings be held all owe
the belt, and strong and active steps b
taken to defend this most valuable agrl
cultural product from the greed of thu
SelflSn SpeculatOT. Let every man WIN
still holds a bale of cotton In his pos
session, join in these county or loca
meetings and agitate the Importance o
this step among his neighbors to the enc
that success In the near future will be
assured. We have held our own well 81
far. but we can do much better ano
easily advance the price from two tc
three cents by persistently refusing te
sell, and Tightening up present receipts
We fixed our minimum at 10 cents foi
this season, and maintained the price
within half cent of that figure through
October, the heaviest month. Now lei
the price be fixed at IL cents for the re-
malnder of the crop. and the world will
accept 1t at that price, which will NEAR
an additional gain of nearly fifty million
| dollars.
"A determined stand will bring VIC
| tory"