Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1904-12-06
NOTE AND coMMENr.

The break In the price Of cotton II
timely in that It is not yet too late to
SOW wheat. r a.
Ail told, the Fishing creek wreck
has cost the Southern railway in the
neAghborhood Of s125,ooo. and In view
Of the fact that the company may not
be able to hold the old Three Cs
which has caused 80 much trouble, It
will have to be admitted that the
Southern has been pretty severely
punished. ~ ;1D di4tlS
When the defense introduced q min,
iaGure model Of the Inflated structure
over Fishing creek last Thursday,
Judge Watts remarked, with dry hu-
NOR: They brought billy goat into
my court the last time it was here, and
now 1t Is railroad trestle." Every
body remembered the famous goat and
a suppressed litter spread over the
court room at the remark
The drop in cotton last Saturday has
had quite a disturbing effect on the
holders of the staple throughout this
section. 1t Is a fact well appreciated
by all cotton buyers that when prices
begin to decline there In always
r1sh to sell, while on the other hand
but few people are disposed to sell on
a rising market. There was q notice.
able exception to the rule this fall
AS long as the price was above 10
cents people were In a rush to get
their cotton on the market. They
seemed bent on 10 cents or anything
over. When the price dropped to $50
and s.s5, cotton ceased moving. Mo-
body was willing to sell and for q
week or two time hung heavily on the
hands Of the buyers. Later as holders
of cotton began to grow accustomed to
the situation and 1t became apparent
that the tendency was toward 8 rath-
er than 10 receipts began to pick up
again. But the drop Of last Saturday
seemed to produce something Of a
panic. A number Of people unloaded
at bottom figures, and the probability
is that II yesterday had not been 80
wet as to virtually prohibit the wagon
business there would have been con-
siderable cotton on the market But
1t is fair to say that the same dispo-
sition that Is here attributed to SELL
ers Of cotton also applies to buyers
except In an opposite manner. The
average buyer Is much more anxious
to buy on a rising market than on q
falling market.
"Ths outlook is that farm labor win
be rather more plentiful next spring
than 1t has been this year." remarked
a thoughtful business man In the
hearing Of the writer few days ago.
Il mean wage labor" he continued.
Under the rosy prospects Of last
spring, the supply men were warrant
ed in taking long risks, and as a rule
they came out ahead Of the game.
But now the situation seems to be
changing. It does not seem reasonable
that cotton will promise as high next fall
as 1t promised this fall. The supply
people will be more careful who they
run and will go slower as to the
amounts furnished. Many people VINO
got supplies all right this year N7Win
have more trouble next year, and some
will be unable to make any arrange
ments at all. These will have to 60
back to wages, with the result have
suggested. AS a matter Of fact money
has never before been so plentiful In
this section as has been the case this
year. Lots of people who probably
have never before had as much as ten
dollars at one time in their lives have
had more money this fall than they
knew what to do with, and many OF
them have been scattering 1t for all
kinds Of foolishness. That Is one rea-
son why 1t has been so difficult to get
anything done. II accounts in a large
measure for the. inability Of the farm
ers to furnish wood for fuel. People
who used to be glad to cut firewood at
25 cents cord, have been unwilling TO
cut 1t at any price. But when all the
surplus money these people have has
been wasted, and that won't be long,
conditions will change. The work that
should have been done In the fail VIII =
be done in the winter. and by next
sprinR laber-Ypiiihi -iIave- been regulated
down to normal conditions" y