The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1914-09-16
|SA
MARKE 7
FOR COTTON
A SEVENTEEN MILLION BALE
CROP MEANS A PRICE OF LESS
THAN TEN CENTS WITHOUT
ANY WAR.

"Sufficient unto the day is the evil
thereof" We are prone to borrow
troubles from the morrow. The cot
ton situation is not so bad as it has
been pictured. Cotton is selling here
today at from ~ cents to s cents.
While the demand is light, yet there
is a market at these figures for all
that comes. September shorts are
buying, and there is some relief to
the market. The Dallas exchange
has opened and there is faint lighl
of a coming market.
A Big Crop.
The crop this year is estimated at
seventeen millions of bales. Had
there been no war, crop of these
proportions would have put cotton
below ten cents. True, we are hurt
somewhat but still we have many
things to be thankful for. Canada
to the north has given few hun
dreds Of millions to the war fund,
and is sending its men abroad to go
into the trenches. Mexico to the
south is war-ridden, European coun-
tries are suffering from the strife,
and we ought to bear up more pa
tiently with the burden we must
carry.
This portion of the state has a
fine crop of cotton, the staple is
better than it has been for years, it
will bring the best prices offered
and arrangements are being made to
store cotton for those who cannot
sell, or for those who desire to spec
ulate.
Warehouse Building.
The Chickasaw Compress company
has plans made for its cotton ware
house. The excavations have been
made for the foundation, the mater
ial has all been ordered and is now
on the way. The contract will be
let this week, and by the 10Th of
October the warehouse will be ready
to store cotton. In the meantime. I
storage room has been provided for
all the cotton that there is a de- |
mand to store. SO far about ten |
per cent of the cotton received here |
has been sold, and ninety per cent !
has been stored. The banks are
aiding in the gathering of the crop, |
and the farmers are being cared for
in a way. When the federal reserve |
banks are opened the situation ought
to be better for those who desire
to hold their cotton.
The acreage next year should be
reduced. 1t is a matter of protec-
tion to the south that this should
be done. The states should act in
unison in the matter. One state
alone cannot control the situation,
but all working together can.
Farm Credit Needed
The majority of farmers are oper-
ating without any capital. They
have been given credit because they
planted cotton. They were forced to
plant cotton in order to obtain credit
They are in a rut, and they cannot
pull themselves out The Ardmoreite
is urging men who desire to uplift
agriculture to help finance the farms
on a share proposition. The country
can raise more hogs, more cattle,
more sheep and goats. There is a
growing demand for such stock. The
llan will be profit-earning both for
he farmer and to the man who fin
lnces the farm. If any farmer would
deal that would give
lin a chance to raise more live
took we will be glad to publish
letter from him stating what op-
ortunity he has for raising stock
nd on what terms he would take
hem. The farmer who begins this
'ar can soon have his farm stocked
nd can make himself independent of
he man who helps him.