The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1908-09-08
HOLD YOUR COTTON.
THIS Is THE ADVICE. OF MIR. r.
HARRIS.
President OF the South Carolina Far
ncrS GiiDn TO the Farmers Who
Make the Cotton.

lncrS CAion TO 1he Farmers Who
Make the Cotton.
Why is it that cotton has not reach
ed the minimum price set, Is cents.
Is it too late? answer. No. What
!, then. Is the cause OF lis being down
The producer alone is to blame. Ht
is ready at all times to listen to FL
he hears about the bear side of cot
ton. but fails to look into the trut
situation and tho condition or the
crop. He docs not realiZe that cOttor
is now scarccr than il has been ir
twenty-five years, while the demand
is Just as great. whcrG we consider the
supply OF raw material. 1t must bG
remembered that last wear's crop was
short more than four miIlion bales
in view Of this we can reach 40 Other
conclusion hut that the producer him.
self is 10 blame for our not reaching
the minimum before this. He has be-
come frightened, at this Mutf CT the
bear clement. the spinner and specu-
slator. and has taken their assertions
rs facts.
! Their first bluff was the mills Hin-
/ ming on short eime. 1t was necessary
! for them to Gp this, as it was ilupIos-
sible for them to secure saw material
; 10 run on. Last years short cFup
| forced them to curtail. not their pro-
duction but their consumptlon.. Cot
ton was not to, be had. They ns!Ss
blufTed youin making you belleHo'Jhat {
they could not self their goods. and
frightened you; aEsfin. While they
have goods stored in their own ware
houses. the commission houses Ill
New York and otner centers havc'leSa
oods than they have had in year:s.Nof
until the entire surplus is. CONSUME
ed in these certerS will the goods be-
taken from the local warehouses;.
] want to impress upon the farm
crs that now is the time TO hold your
old cotton, as we'll as your new. II
cotton is held off of the market
throughout the South for the next
sixty sixty days the brokers and
specu!ators will be compelled to give
the price in order TO fill contracts
sold to the spinners head. You cali
do this by putting your cotton IN:
bonded warehouses and borrowing
money on it. Money is now pieniaful
for legitimate purposes.
The continental mills are snort OF
cotton and there fS demand for &C.
tual cotton from this source. willie
the offerings are small. II is getting
harder every day to lroy cotton Tor
prompt shipment. The supply in the
American mills is not sufficient for
twenty days. if that long. The New
England mills will soon have TO buy
otton or close down. They have been
buving from hand to mouth for the
/ last three months. know ol one
undred bales OF cotton sold last week
by one mill Fifty bales OF TINS week
IN y mill that was closezd down, while
the other fifty went to anothI" mill.
These two mills had to have this cot
ton to begin work with on the 1Ith
inst. All the mills which have been
closed down resumed operations last
Monday. From this ve assume that
trade conditions must be getting bet
! ter. hear from good authority that
all the mills in this section Will soo!l
begin operating on full time. IT Is
understood that a number OF mills
have sold their output ahead for ser-
cra] months. All together the situa-
tion in milling circles is not as bad
as II is reported to be. Generally
throughout the country the milis
would be running on full time If they
could get cotton to spin.
Now, as to the condition Of the
growing crop. We hear it stated from
chc bear side that we will make four
teen million bales this year, and that
cotton will decline to eight cents.
This is another great big bluh' ana
! it will frightcn some producers IL
is nv honest belief. based upon the
in Information at my hand. that the crop
! Of last year will not more than be
duplicated Another shortage Ike
last year will prodilce one OF the
biggest cotton panics that the "oFld
has ever known. and the tails oi our
shirts will have to he made shor'e!
ito give every man shirt.
/ Crop conditions in South Carolih;'
are not what they were two weeks ago
The crop is fully - per cent. on
This is due to too much rain III June
and early in July, followed 10y eNccs-
siyc heat. It is Impossible now for
the plant ever TO recupcrate anu
make q top crop.
In Texas reports say tha; IN" cfoT
has been damaged in sections ny TOO
much rain. which in other sections
he crop has been cut of conSid'rao'H
Inv drought and the devastation o.
the boil wccvil. Texas cannot produce
.rything approaching what Is cohslo
cred Il full crop
Alabama and Mississippi ho'h re-
mort TOO much rain. followed hy OK
ccssivcly hot weather. producing f"S'
black rot and shedding.
Georgia reports thirty rouh'''S ''
ro,od with black rot. which is daE
aging the crop no little. ofh'r ', sec
tions report catrrpiilars. too mncl
rain followed hy excessive neat. Wv