The herald and news. [volume] (Newberry S.C.) 1903-1937, 1909-11-26

ginned.
The cotton States have already sold
seven million bales of less than ten
million bale crop, in a period OF Two
months, when YOU should have sold
that much in seven months. How DO
YOU expect banks to pay for 1t, es-
peciallv at S75 per bale? Did you
know the spinners Of the world we're
fighting you and that you are furn-
ishine them ammunition to fight you
with?
Did you know that there were only
three million bales more to come on
the market? Do you know that tor
these three million bales you can get
20 cents just as easily as 10 cents II
YOU will wait?
: What must we do?
Do not sell a bale, Mr.. Farmer
for so days. Your merchant and your
banker will help YOU gladly.
The merchant and buyer cannot
hold. If YOU force him to buy from
YOU, which you are now doing every
day, he will soon be forced to ask
the spinner what he will give for this
cotton. Shame Oh you! Be men once
more and remember how you rallied
around the flag in 81 and command
ed the admiration Of the w,0rld.
Do YOU know what it would mean
if YOU did not sell a bale for 6O
davs It would stir the whole world.
Every country-England, Germany,
France, Spain. Russia, China: and
japan would be affected ard buyers
in these countries would, burn up the
cables trying to buy cotton.
As a business proposition what
would it cost you?
Where are your union warehouses
Storage for six months can be secured
for 25c. per bale.
If YOU have any pressing obllga-
,tions 60 TO your bank and borrow sou
per bale and hold your cottn.
IF YOU do not do this cotton will go
down until you are through selling
and YOU have sacrificed Your cotton to
the spinner and made the name Sou
therner byword and the Southern
people the laughing stock OF the
world.
Tag every bale you have left and
let it read "2Oc. or $1OO per bale, .
and if you do not sell any in 90 days
there will be five buyers for every
bale at that price.
The merchants mark their goods
why not YOUg
| I am a resident Of Lee County
Mississippi, and will lend every TAR
mer in this county $50 on every
warehouse receipt for bale Of cot
ton. ..4
Business is war. Cotton is the best
breastworks and flags in the world.
Rally round the flag and Kill ev'
erv man who tries to storm our
breastworks.
Yonrs for the South and the q
/ S. A,
". H. Armstrong.
On Wednesday there was small
sized panic among cotton shorts. Like
the mercury in the thermometer on
hot day, prices climbed 30 to 81
points, or Sl.5O to $1.65 bale.
There was the same intense excite
ment and eteat activity that have
been witnessed in the local pit IN the
,a,t two or three weeks since the un
loading of the bull pool for profit;
began.
At Wednesdays high level the
marker was up more tnan uVe uoi
lars a bale since the bottom figures
Of Monday. It has sometimes take1
cotton a year to advance to thf
same extent.
The trump card Of the bull crowe
is the remarkable strength OF the
Southern spot markets. Despite the
; fact that futures last week declined
$5 a bale, there has been no weaken
! inc by the Southern producers, o.
any eagerness on their part to dis
! pose of their cotton.
! During the next few weeks there
will be, Of course, many fluctuations
! but the bulls have the whip hand
! and they are as certain to put price:
ND to where they want them as DAY
is to follow night. The campaign i
one tha: means scores Of millions o:
; dollars the South, and to the me1
i u-bo oo+ on tho RIGHT side OF the mar