The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1906-09-04
FIRE PROOF COTTON WARE
HOUSES.

Tho subject of warehouses for the
storing of cotton in the South is one
that has of late years attracted more
and more attention, and the number
e fre-proof buildings for this pur-
pose is on the increase.
In some sections of the country
ar@c numbers of these warehouses are
Icing erected at central points, it be-
l1g the idea that entire sections will
Cad these available and hat their use
viii prove u great saving to the farm
r"s and to the entire cotton trade. 1t
/ certain that as more of these are
iulit they will d to the financial
POWER of the South. which has been
tempered in its progress by the
scarcity of large storage buildings.
Writing on this subject the Manu-
lecturers Record Y
"Thc persistent advocacy by the
IIanIfacturerS' Record for the last
eight or ten years of the building of
frc-prOOf cotton warehouses through
out the South, with sufficient financial
lacking to make their receipts gilt
"d%C as collateral, is now producing
fruit. Gradually during the last three
or four years the South has been talk
ing up this important matter, and here
and there substantial warehouses have
1""n constructed. Now this is spread
11G in many directions, and ware
houses are going up in a large num-
I"T of leading cotton ccnterS of the
South. We publish today full particu-
J'"% Of the great system now under
construction at Memphis. where $50
o~ne-StorN warehouses; designed to
minimize the hauling and handling of
COTTON arc hpino constructed nv ono
company. This. the greatest under
taking of the kind which the South
has seen, is being supplemented at
Macon. whore a company has just been
organized to build 20 or more ware
houses to hold 1,000 bales of cotton
each, and at many other points where
the good work is being carried on.
To Il largo extent these Warehouses are
being built of concrete. and those at
memphis especially are being equip
ped with many new lab~Or-SaVing de
vices for handling cotton at the lowest
possible cost.
with such a system of warehouses
established throughout the South it
VIII no longer be necessary for cotton
TO be dumped into the mud and dirt
and left outdoors without regard to
WeatEe" conditions or to the immense
damage done by this ba"barous way
of handling such Il staple. With the
establishment Of tirC-prOOf ware
houses where the lowest rate of in
Surance can be obtained. where ware
house receipts Will become ever better
collateral than the elevator receipts
of the grain-CleVatOr systems on the
Seaboard and in the Central West, the
marketing of cotton and its financing
Will take on entirely new features. 1t
VIII 20 longer be necessary to rush
cotton to the market as formerly, for
1t Will now become. whether owned
nv tho flIIlD, tho y,n~ala-+ 80, 49,
ns manufacturer. the very best banking
III SERIAL. The saving in the cost of
insurance Il in country damage will
add many millions of dollars to the
value Of the crop. To the extent that
tn" South develops its Warehousing ia
CilitieS it will eliminate the necessity
OF handling the entire cotton crop in
three or -four months. as heretofore.
and the marketing of cotton during
twelve months instead of three will
have n tendency to steady the price,
10 lessen the cost of rail and ocean
transportation, and to enable the
south to finance its cotton instead of
depending upon other sections as in
the past.
"But not only will the establish
ment of warehouses prove of i'm
menSe value to the entire cotton trade.
Ih"Se Warehouses will be of equal
value in the development of MANY
othe" lines of business, since thew will
give to the South facilities for stor-
ing merchandise and carving if at q
low cost-facilities now enioved bv
the North and West. but onlv to a
very limited extent by the South.
Every development of this character
odds to tho financial power of this
section and makes certain its more
rapid growth in trade. in miner
and in wealth.