The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1909-10-26

crop Will cost ten cents pound 10
market. Now then. how much can
one man and one horse produce; about
five bales, $500 pounds lint cotton,
ON a basis of IS cents, he has cleared
. cents q pound, or So on his cot
ton. Add to this $50 for cotton seed
and You have S125 for the mainten-
ance of the man and his family for
the next twelve months As a matter
Of fact a great majority Of the small
farmers do not clear as much as
stated aboye-really clear nothing at
all
Let Us look at the value OF the cot
ton to the manufac cturer. One pound
Of cotton may be spun into four yards
sneeting worth - cents: Yards
nleached muslin, worth 50 cents; I
yards calico. worth 10 cents: yards
ginghan. worth 30 cents: 10 yards
shirtwaists. worth $3.50; twenty-five
/ handkerchiefs worth $3.50; 10 yards
lawn. worth 500; fifty spools No 40
sewing thread, worth $3.50. These fig
ures represent Very low averages. BY
the use OF improved machinery, mer~
cerlzd ton. etc, more valuable goods
are produced As an evidence Of the
profitable state Of the milling busi-
! ness. I would call attention to the sta
I tistics published in the report OF the
PROCEEDINGS Of the National Assocja-
\ ton Of Cotton Manufacturers. which
show tba the dividends paid by eight
cen leading cotton mills OF New Eng
! land. have averaged for the past eight
wears Is per cent. annually In addi-
! ton to that, one Of these mills paid
an extra dividend of 25 pee cent. ana
another an extra dividend OF 100 per
/ cent. There are mills in he South
+hat have made handsome profits for
! the stockholders. Why is it that new
mills are going up all the time and
old ones enlarging their capacity. If
| tho business does not pay? Men who
! build cotton mills are shrewd bust
ness men. and don't invest their money
| without q bright prospect Of good
/ returns
Nnwlet us look at the cotton seed
nnestion. and see what they are worth.
/ both to the farmer and the manu-
! facturer.
We will consider first the value OF
seed as a fertilizer. The nitrogen.
nhOsphOric acid and potash in ton
Of seed. at the market price of those
! INGREDIENTS Of fertilizers, are worth at
! least fifteen dollars. The humus would
probably be worth q dollar more-y-c.
several dollars more. While il has no
market value at 50 much per ton yet
it is the most important constituent Of
our soils. No crops can be grown
successfully without it. Most Of our
/ soils need hDmus more than any Of
/ the plant foods.
Next the food value OF cotton seed.
! We can approximate te this hy cOnpari-
son with other foodstuff,. Co,npar-
! ing the analysis of cotton seed with
that of corn, and the value with that
! of the market value of corn, Il ton
/ Of cotton seed worth ct least $50.
! In feeding the seed we get so per
cent Of the manurial value in the ma
nure. This would be about S12,
which added to $50. the feed value
/ and We have $32 as the real value of
I the seed per ton. as a feed and ma
4 nure Now let us look at tire market
value of the products Of ton of seed.
/ The government bulletins tell us that
| a ton Of seed cotton contains about .
+ gallons Of Oil. but as yet the mills have
I not been able to get out more than
- gallons This oil is quoted at 3
/ cents per gallon. making s26.55 for the
oil alone. There IS 500 pounds OF
meal in ton of seed. which retails at
81 Sc. making twelve dollars for the
( meal There is 900 pounds Of hulls.
which retail for 40 cents per hundred
/ weight ma king $3.50 for the hulls n
a ton. Add to this the value Of the
twenty-five pounds Of lnters. Ct don't
know the price per pound Of lintersf
and we have at least G43 as the value
Of the products Of the ton Of cotton
seed which would be about c. cents
per busnel.
The reader can draw his own con
! clusions from the above figures. OF
course the manufacturer is entitled
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