The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1904-11-11
MARKET COTTON CRop SLOWLY.
appeal from Southern Cotton Crow
ers Protective saesociation.

Appeal from Southern Cotton Crow
ers Protective Association.
At the annual session OF the South.
ern Cotton Growers Protective asso
citation, held at the worlds fair
grounds in St. Louis, Sept.-26, 1904,
where several hundred progressive
cotton planters were present, repre-.
senting every cotton growing Statesin
the south, the following resolution
was introduced and unanimously
passed.:
Resolved by the Southern Cotton
Growers association in convention at
st. Louis, Mo, Sept. 26, 1904, That
we urge as fully as it Is in our power
to do SO that every cotton producer in
the south place minimum price of
10 cents per pound on all cotton to be
hereafter marketed this season: that
no cotton OF middling grade be offered
for sale IL the market at any time,
due to the iluctuating irfluerc,s Of
speculation, fall below the price OF 10
cents per pound; that each and every
producer is urged to. market his crop
aS slowly as possible, believing that II
the crop is marketed slowly through
the months Of October and November
| the price OF cotton can be maintained
at II cents per pound, it's true value
at the present time, during the bal
/ Gnce nf the season.
| Your committee further recon-
mends that this association insisi
upon the better handling OF cotton to
the end that our cotton when prepared
for market may be placed in more ac
ceptable, merchantable condition.
thereby eliminating as far as possible,
many or the abuses 10 which the sta
pie Is now subjected"
Up to the present time the cotton
producers from North Carolina to tile
BRACES river, Tex, have general,
stood tirna by holding part OF their
cotton and refusing to throw it upon
the market Mt prices under 10 cents
per pound With the most deter
mined Efforts on the part of the bear
spectators and other combinations
formed to dcpress prices the market
has only been forced down so points
below our minimum rrice, during the
month In which most Of the farmer
obligations fall due, and an uaprece
dented season for gathering and glnn-
ing the crop. The ginners report is.
sued Oct. 25th indicated that little
more than 600, 900 bales Of the pres
ent crop bad been glnncd, while Sc.
retary Testers report for the same
time indicated that only about 2 ODO,
coo bales had been marketed, showing
that ore than 60 per ceht. OF tbs
crop was being held in the hands OF
the PRODUCERS. II only 5000 900 ans
a quarter bales had beeu ginned up.t
Oct. 10, it must be clear to every
farmer that the high estimates placed
upon this crop by the bear element OF
spectators will never materializ,
They are using the same devices
adopted last year to eak the nerve
OF the producers. Note their figures
# last year compared with the facts:
MIR. Theodore Price, on Sept, IS, 1903
sued circular estimating the crop
for 1908 to be II 144,S55 bales. A. j.
Buston, the palace car Statician OF
Liverpool, Eng, on Oct 2o, 1903, fg-
ured the crop at IL, $50 ZOO bales.
Neil Bros. OF England estimated tn.
crop. on Nov. "a. 1903 at IL ZOO, 900
bales, and II. Q. GorSt or Liverpool
on the same date Issued an e;tima' e
liking the yield at IL 43O, 900 bales
Nov let slCok at the estimates OF
disintere5ted parties: The Uuitcd
States department. OF agriculture, on
Dec 3, 1903, issued it's estimate fix.
ing the yield at ., 1862 O30 bales. The
Southern States com missioner of agri.
culture in convention at Muntgoms ry,
Ala, Oct. 8, 1903, estimated the crop
at 10, All, GOO bales. Noy let us see
what was the actual crop. We find
tlat the actual c. m lercial crop uf
1908 04 amounted to 10 Ol1,374 blles.
Note the cOmpariS IL of bear estimate
aud government estimates. The
United States dcpartm eut of agricul.
ture was under the ac,ual figures only
490 900 bales. The commissioners OF
agriculture overeStimated the crop
AGO 900 bales, while Mr.. Theodore
Price mis-; ed it l,734 900 bales, and
the rest OF the bear clement al tile
way f.om million to Il million and a
half bales. Mr.. Price is pursuing the
same course this season apd calling
upon the farm 1rS evecy where to dump
tueir cotton on the market so as to
depreSs prices and let MIR. Bear
Price coin his millions at the expense
Of hundreds OF thousands OF producers
In the south!
The recent estimate or the south
ern commissioners OF agriculture III
convention at Baton r. que, La, o.
tober 22nd, figured the crop for this
season at 10, III 900 bales. Mr. Theo-
dorc Price and other bear speculators
figure the crop at 1900, 600 bales.
The commissioners Of agriculture
overestimated the crop 400, 900 bales
las year, and the Indications are that
their present estimate is not so far.
wrong. Even il the crop should reach
1000, 900 bales the world wants
every bale Of it and the spinners are
better able to pay high prices this
season than last, because yarns have
advanced 3 cents per pound this sea.
son and Il heavy demand for cotton
goods exists.
| therefore call upon the producers
Ithr0ushout the south to stand firm
and refuse to sell their cotton at pres.
ent prices. Heavy receipts depress
the market. The spectators have
sold millions Of bales for future de
livery and they want to buy that cot.
ton for less money than the staple is
actually worth. The producers should
demand from / To - cents for the
balance Of the crop. They are in
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