The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1914-10-01
RAMRERC'S COTTON ACREAGE
TOBE CUT IN HALF NEXT YEAR
Even Thoueh Better Prices Are Offered in Open
Market Than Elsewhere. Carlisle School
Accepts Cotton fer Tuition and Fees

Bamberg. S: C.-Bamberg, city
and county, has arisen magnlhcently
to meet and cope with the situation
thrust upon the South by disturbed
business conditions because of the
European war-a market depressed
in consequence of four world powers
gripping in mighty struggle fol
mastery-and an overproduction OF
cotton.
With Inadequate warehousing ia
filities, the holding Of cotton pre-
sehted a problem which has been
speedily solved. Unwilling to hole
their cotton at home, unprotected
and unable so long as they did sc
to secure the temporary relief based
upon warehouse receipts available
elsewhere, the farmers were, for.
brief season, put to it to find a way
out. But the way was made cleal
for them
Two weeks ago last Saturday
meeting of progressive citizens
was held at Bamberg, called by
Hon. S. G. Mayfeld, warehouse
committeeman for South Caro-
lima of the Southern Cotton con-
gress. At that time stock
company was formed. a ware
house company organized. No
time was lost in preliminaries.
Within the almost incredible
space of two weeks the Bam-
berg Cotton Warehouse company
has erected it's warehouse. Mon
dav of this week there were
stored, within its walls go bales
of cotton.
Three Bonded Warehouses.
Moreover, it is a bonded ware
house, built to conform with fedora
regulations. Mr.. W. D. Rhoad is
president, Mr.. G. Frank Bamberg
first vice president, Mr.. c. B. Free
second vice president, and Mr.. II. NJ
Graham, secretary of the company
which is capitalized at $4,000. The
warehouse already built has capa
city of 1000 bales.
At Denmark and Ehrhardt, II
Bamberg county, bonded warehouses
have also been erected within the
past three weeks through the efforts
of Hon. S. G. Mayfeld, and are no"
storing cotton.
make particular mention OF this
activity merely to substantiate m!
statement that Bamberg, city and
county, have arisen to meet and dea
adequately with the situation, to pro-
vide all possible relief for the far
mer. The erection of these three
bonded warehouses is by no means
all that has been done here. The
'.buy-a-bale" movement has gained
a firm foothold, banks and business
houses, in accepting cotton and eth
er cancelling debt or granting .exten'
sions, have made cotton just as gooo
as money if not legal tender; ano
as elsewhere the merchants have fol
several weeks offered premium
over and above the market price, fol
cotton.
200 Bales Sold at 8 Cents.
AS matter of fact. practical
ly all the cotton that has been
sold at Bamberg this season has
been sold at premium. Friday
of last week 200 bales were sold
in the open market at 9 cents
pound. Cotton buyers were
freely offering 9 cents last Sat-
urday, but succeeded in buying
only a few bales even at about
half a cent above the market
quotation. Prior to Friday not
800 bales, all told, had been
marketed here, though Bamherg
county produces an average OF
about $4,000 bales year, up
wards of $4,000 bales of which
are handled here, and in spite
of the fact that this year there
is a splendid crop which, am
told, promises to reach the high
water mark of the county for
production, $4,000 bales
The temper of the people in time:
of. stress, when as unrufled as l fino
it here after talking with farmers
merchants, bankers, and feeling then
out, is marvellous thing. With one
accord the farmers have put away al
idea Of sacrificing their crops, If In
deed they ever entertained such al
idea; they have apparently determln
ed to sit tight and wait, and while
they are waiting they are working
getting out the remainder of thell
cotton, and confidently looking to
ward the future, they find it full O
nroniSp for theV as whole, are