The commercial. (Union City, Tenn.) 190?-193?, 1906-11-02


crop, since the devastating storms,
incessant rains and insect depreda.
tons during the past two months,
that the total production will be
under II, 800, 900 bales. The av.
erage of estimates published re-
Gently being about 1880, 900
bales, while some of the later es
Inmates 60 under eleven million.
If the yield of the present crop to-
gether with the visible supply of
100000 bales on September 1
should reach 100000 bales, this
would still leave an actual short
age of 500, 900 bales in needed sup
plies for the next twelve months
and no visible on the first of next
September whatever.
1t is we'll known to the trade
that the prices of all lines of man
ufactured goods are advancing in
prices to higher levels, 1t is we'll
known that the demand for manu-
featured goods by the jobbing and
retail trade is far in excess of the
combined ability of all the spindles
in the world to supply running on
full time. 1t is also a well known
fact that the trade conditions of the
entire civilized world was never
more elastic and prosperous than
at the present time. What do all
of these things mean to the men
who have cotton to sell this fall
and winter?
JUDICIOUS MARKETING is DEMAND.
ED AT ONCE.
1t means that through the i'm
mediate Inauguration of a correct
system of judicious marketing or
selling the crop slowly, that this
crop can be easily marketed for
the greatest amount of money CIV.
er received by the South for any
previous crob. The crop now be-
ing gathered should aggregate to
the farmers of the South fully six
hundred and sixty millions of dol
lars, and will do so, if the staple
is not rushed upon the market too
rapidly. The crop has been gen
erally three weeks late with de-
frost three weeks earlier
than usual, destroying thousands
If bales of cotton over the north
srn sections of the cotton belt.
My recent tour of all the cotton
States indicated beyond all ques-
ion of doubt that the labor prob
EN-, from North Carolina through
,ut Texas and the Territories, is
he most serious which ever faced
he cotton growers in the gather.
ng of their crops. No man can with
ny degree of certainty estimate
he extent of damage to the cotton
rop during the past two months
throughout the entire cotton belt.
That it has been enormous and will
xceed the views of the trade ut
arge there is no question of doubt
q my mind. / have stated before,
nd now reiterate again, that the
My possible factor which can be
sed to depress prices will be the
90 rapid marketing of the staple
y the growers. If they will only
ell their cotton slowly and check
p the present heavy receipts at :
he ports very high prices can be
asily maintained. High prices
re bound to follow in the wake of
full realization of the shortness
+ this crop as compared with ex-
ectations two months ago and /
rant to see the growers receive
1eir full measure of profits out of
ne great worlds necessity they
ave labored SO bard to produce. |:
~ views on the cotton situation |.
ave been recently misrepresented,
nd | trust the press of the country [
ill give as wide publicity as pos /
bile to the above presentation of /:
he situation as l see it at the pres.
ut time. 4