The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-09-21
ELEVEN CENTS THE PRICE
Southern Cotton Growers
Association Fix Minimum
Price for the Staple.
kaust Remind the MlnImum.

The executive committee OF the
Southern Cotton association held it's
meeting at Asheville. n. c. last week,
and the question Of fixing a minimum
price Of this crop was the matter Of
greatest interest TO the people and
country at large The eyes Of the
whole cotton world were centered on
Asheville during the 9th and 7th days
of September, while sthe executive
committee was IN session
The price finally agreed upon after
long and tedious deliberation was II
cents. basis middling, at all interior
points in the south The condition OF
the crop TO August 25th vas found
to be 1903 per cent as compared with
a condition of 81 per cent for the same
perio0 a year ago The estimated
yield of the crop as reported by over
$1,000 correspondents from all the cot
ton growing counties indicated a yield
this season Of s.5Ss.13S bales. as com
pared with crop Of 13,6OO.O0O bales
last year Letters from farmers all
over the belt advised minimum price
al the way from 10 cents TO II l-2
cents, some figuring as high as 10
cents. But the final result was II
cents. and farmers all over the south
will be expected to stand firmly to-
gether this fall and winter to maintain
that price, BY determined effort
prices can be forced up above II cents
later on and farmers should deter
mine now to move their crops slowly
and not rush the market The only
way we can secure and maintain our
price is 10 refuse to sell for less and
make the buyers come TO our figures
II cotton is thrown on the market and
sold anyway. It will be dlfficult to
force prices up until much later in
the season. Let those who are able
and can hold back do so. and there
by help those who are forced TO sell
TO meet their maturing debts and OBJ.
legations with the supply merchants
and guano dealers Bankers will be
glad TO advance from and 3 cents
pound on cotton in storage and thus
assist in financing the situation We
are up against hard fight. but il viii
be easier to get II cents for small
crop than 10 cents for i9,Co0,ooO bale
crop
stand by Your Guns.
We are now well entrenched with
plenty OF ammunition in the shape Of
corn and meat. our banks have plenty
OF money, the enemy is in retreat. an,
II We don't whip this fight and fore,
the price OF cotton TO above II cents
then the, farmers OF the South ough
TO have a guardian appointed 10 iool
after their business interests. Thl
mills Of the world have taken crol
Of ls.600Oo0 bales OF American cot
ton during the last twelve months a
an average price OF 2 cents per pound
There viii be No check in consumr
tlon during the next twelve months
AAF NAA't VI hfAANM HRt'.AH - W Aifr1l
and going stir higher The Who'll
civilized world is In prosperous con
dition and IL Is unreasonable 10 sa
that The farmers should not this sea
son receive an average af n cent
per pound for crop OF cotton no'
estimated 10 be under ten millio
bales All You have got to do is q
stand pat for your price. refuse to SCI
under n cents and the market Wi
soon advance TO that figure. II muc
cotton is offered under II cents as
matter Of course the market can b
depressed and held down
Other Organization viii Help.
The cotton agent OF the Farmers
Educational and Cooperative unio
of Texas was present with ms al ASH
vile and took part IN The session q
the executive committee He cam