The herald and news. [volume] (Newberry S.C.) 1903-1937, 1904-05-12

EeSetaOle OH llldQe llol!I Solloh oSSu
is never afflicted with cholera or any
disease to which the average hog is
subject There are many other uses
to which the cotton seed oil is put,
! but | will iorbear to discuss them in
this article.
! As long as the foreign governments
continue to tax cotton seed oil and
so long as Our government continues
its unjust course towards the oil bus
mess. then just as long will the cotton
seed oil business in our country be
on the decline 1t is only within the
/ last few months that these emhargoes
have been laid upon the industry and
Up TO the present time cotton SEED
oil mills have been going up all over
! the country. and good money has
been made from the enterprles. We
| have reached and passed over the PIN
nacle of our successful progress, and
under the burdens OF unjust leglsla-
ton will not be stating it too
strongly when I say that disaster Is
starirc it in the face. The mills in
oper ltion in the south today ven
ture to predict, will have hard strug-
gle for existence frorl this time on,
and many of the old fashioned. out
of date ones must go out of business.
For the last few years oil has been
! selling at from 80 to 81 cents t. o. b.
mills: today it is selling at 22 to 23
cents +. o. b. mills The mills thar
are in operation and building can pro-
duce double the quantity of oil per
annum that will be consumed by the
world and without a doubt this con-
dition of affairs will exist for many
years to come. There is only one
thing for the cotton oil people of the
south to do which can save them from
absolute disaster. namely, less insane
competition among themselves for
seed. and a reduction in the cost Of
manufacturing the seed. The cost of
the raw material is going higher each
season and the markets for the oil
contracting. and competition sharper
all along the line 1t has been stated
that the average price per ton OF
seed through South Carolina this year
has been something like SCI. Against
this price of seed / give the following
as the return of ton Of seed, and the
expense OF manufacturing same. Be-
low will be found the quantity and
the price obtained from ton Of seed
manufactured under the present con-
ditions. Forty gallons OF oil at 23
cents per gallon, 500; 80 pounds lint,
at 5 1-2 cents per pound; S1.65: us
pounds meal at $I.2o per hundred.
So. 80: $50 pounds hulls at 80 cents,
So. .46: making a total of S22.6I. Now
if we add to the cost of. the seed S3.25,
the cost of manufacturing the SEED
into this product, the, seed and. the
manufacturing will come to S2425,
while the actual net returns from this
ton OF seed at S226I makes an abso-
lutte loss of SI64 per ton on every
ton of seed manufactured under the
present conditions. 1t is not appar-
ent in the above statement, but there
is an actual loss Of from Is to 100
pounds in each and every ton OF seed,
in the shape of dirt. sand. notes, etc
The loss amounts to about 5 per cent
am sorry to say that some farmers
know we'll how to sand their seed.
There is to my mind absolutely
not one ray OF consolation for the
outlook of the industry. | am re-
minded of the condition of affairs
that existed in Egypt thousands Of
years ago. We have had our seven
fat years which in my opinion Is to
lbe followed by the inevitable seven
lean years. would suggest to the
cotton seed manufacturers Of South
Carolina that there be organized
within the state cotton crushers as
sociation which if properly conducted
would be of incalcuable benefit to. the
business. We could thoroughly dis
cuss all questions pertaining to the
industry and it's management. l am
| nf the orininn that hy an exchange