The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1905-10-25
HOLD YOUR COTTON.

Inc cOtIOn SlIuaIlon IS DeSln-
ming to look brighter. The
Bears are realizing they cannot
hold out much longer unless the
farmers are entlced to sell their
cotton by the present SLOW rls-
ing prices. We saw a telegram
last Monday to cotton buyer
telling him the thin frost mas
had it's effect on the Bears, and
they are conceding short crops.
All kinds of tricks are being re.
sorted to, for the purpose OF u:
stampeding the farmers, but It
they will only tighten their grip
and hold on to their cotton Tie
associations minimumlprice Of
eleven cents will be small COM
pared to what they are going to
get. Do not let the alluring
price of ten cents fool you into
rushing your cotton to the mar
ket. Keep it and as sure as fate
before Christmas you will real
ize twelve cents.
We believe this as firmly as we
believe their IS a God. The
thing that has operated against
cotton reaching the price fixed
by the association, is the heavy
port receipts, and this has been
used as a cudgel to beat down
the price. Who is responsible
for these heavy port receipts?
The specializing merchant. The
fellow who forces those owing
him to rush their cotton on the
market while it is cheap, and he
buys that cotton, ships it to a
seaport warehouse for storage,
where it is counted among the
receipts. That class Of mer-
chants are Bears when it comes
to buying from the farmer, and
Bulls when it comes to selling
for themselves. They hold to
reap the profit, but declare they
cannot let their customers hold.
There has been much cotton
shipped into storage at Charles
ton, Wilmington, Savannah, Gal
weston and other seaports where
it is not doing the farmer nor
the association a particle OF
good; it would be better for the
farmer if not a bale was held IN
a seaport warehouse, because,
there would be nothing to, base
these depressing reports about
receipts.
We have recently learned
another scheme thai is operating
against the farmer. Itisa known
fact that the mills are short OF
raw material, they go to these
seaport warehouses. take up
the cotton in them and when the
cotton is ordered sold, they pay
the market price for it that day.
The mischief done By such a
scheme is plain. The r,ills are
not put to it to ill their orders
and therefore they ale slow
about advancing the price, but
if they could not get the cotton,
the price would advance in short
order Do not let the rise in
price tempt the sale of cotton.
The Bears are on the run. The
farmers have won the fight, and
they should get the full benefit
of the victory. There should be
no Russian diplomacy in this
fight. The battle has been fierce.
and strong, and now that the
enemy ai,.o on the retreat our
forces stand firm. and see that
there demands are respected.
The following article in the
Cotton Trade Journal is full of
encouraging information:
Temperatures during the past week
have ruled unseasonably high, which
necessarily favored the growth OF the
cotton plant in such sections as ad-
nitted of further production. At the
close of the week it is still warm over
the southeastern districts.
The northwest barometric depression
noted here last week resulted, as fore
casted, in a severe cold wave which
developed toward the middle OF the
week and came down toward. the cot
ton belt a day or two later. ltresulted
on Friday morning in temperatures
below the freezing point in the terri
tories and is moving southeastsrly,
promising an extension OF the frost
area.
Much rain has fallen. the precipita-
tion being excessive latrerly over the
central section. This area of heavy
rainfall is moving easJerly and north
erlv, and indicated clearing will prob-
ably be followed Immediately by frosts.
The rain has seriously interfered with
picking. and done much damage to the
open cotton.
The lines which define and measure
the crop of 1865 have been rapidly
COUFSESluS lux SOllS G1LlC. Stoo lIttSt
now very nearly come together The
proportion OF possible further incre-
ment is now quite small. This was
pretty clearly stated in the weekly
bureau report which said that no top
crop worth mentioning is promised.
This weekly report after alluding to
to the damage by rain, which, by the
way, was at that date slight in COM
parison with what has come later,
announced that insects continue to do
considerable damage in Texas, Louis
lana and Mississippi.
/ The appearance of frost over the
later part of the belt clinches the mat
ter as far as the affected districts are
concerned, and make top crop, the
prospect of which was at best always
very precarious. quite out of the ques-
tion. It remains to be seen how far
the frost will extend on its present ad-
vance, which will be known in a day
4l1 N1rof