The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1911-09-26

"a
it. and told Of stories which were in
circulation.
DIR. j. NJ. Tempieton said thar
Secretary 1vey had stated these ru-
mors as he himself had repeatedly
heard them sometimes in farmers
meetings. Secretary ITey went on
to say that these stories do not tend
to increase confidence in the Raleigh
market As for himself he did not
believe and he thought it very inn
portant to a!lay the unf"unded preju-
dice against the market here. He
considered il a duty Of intelligent
to circulate correct infOrma-
ton. to negative these wild rumors
and he was sure that all patriotic
Wake County men admired Raleigh.
and would do what they could to
bring about a good spirit between the
city and the country. and hat he ap-
preciated what Raleigh vas doing
along man. lines.
Mr.. Iyey. continuing his remarks,
said that charges were made that
weights was scaled here and that gin
weights dio not go while they did &c
at other markets. He favored
strongly a great storage warehouse
here, in which to care for cotton. no
tably what il called distress cotton,
that is that which growers are forced
to sell on account Of obligations. He
felt ure that this would greatly re-
lieye the situation and said that a
very able man ought to be in charge
Of the warehouse TO get all the cot
ton reports, and tell the farmer hat
the price is: to buy cotton and let 1T
be held until the mills became hun
cry for it, not let it all be rushed
upon the market, but to buy cheap
cotton arG keep it off the market.
He said this would help the market,
the merchants. the buyer and the
roads for it would put money in the
farmers pockets. He believed aid
for such a warehouse could be q
from the outside, and that bankers
and business men and farmers wouid
unite on it
Mr.. w. A. Simpkins said he could
appreciate the difficulties ia buying
| cotton as hi was a buyer himself. He
said that one of the troubles here
was tina there was no bidding on
cotton and that this was done on
other markets. He declared that the
farmer wants to see some bidding on
his cotton. He declared that Mr..
Barbee struck a keynote as to the
road question, that good roads are
needed.
Mr.. G.. l.. Hinton. a Raleigh cotton
buyer. said that the farmers were
about as we'll posted about prices as
the buyers, and that he thought the
complaint about the Raleigh mar
ket unfcunded One Of these is that
| the buyers pool SO that one day only
one will bid, while the other stand
off, and do not bid. He declared
this was in every way a mistake, and
Mr.. Barbee added that it was I'M
qualifiedly false, that there was no
pooling here; that Raleigh paid the
very highest price for cotton. the
market limit. in fact, and that he
made so small profit here hat he
was willing to let every bale go at
fifty cents advance. Col. Charles +.
Johnson made the same declaration.
Mr.. Hinton said that as to the weigh
ers he considered them fair and
square.
DR.. Templeton asked if it would be
possible to arrange to have cotton
sold on this market with no cost for
weighing, and to have a public samp-
Ter to be. arranged for by the city and
the county.
Chas. +. hnso said the question
and discussion greatly interested him.
He had heard many times in the past
twenty-five years all sorts OF stories
against the Raleigh markets. He said
that conditions had great changed
and that as a matter Of fact was
needed was the buying Of cotton by
the merchants. Here the merchants
say to the farmers hat they do not
buy cotton and that the mus
go to the regular buyers. This is not
the case in any other town except
Charlotte. In the old days when Ra-
leigh was a great market it was the
merchants who did the buying. and
they ought to do it now. They are
the ones who make a profit on the
farmers. whom they furnish with sup
plies. He declared that he had never
heard of a pool among the buyers
here, and knew that there was no
such thing He said that in other
towns merchants bought cotton. ana
that the restoration Of this system
here would be invaluable Mr.. c. Il.
! Rars,ee agreed with COL. Johnson and
said that when he used to be a COM
mission merchant he had paid Tor
cotton to men who had obtained sup
plies from him as much as a quarter