The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1914-09-01
FARMERS ARE
URGED To HOLD
COTTON SEED
RECOMME MENOATlONS ARE MADE
BY STATE FARMERS UNION.
CROP is ESTIMATED AT TWO
MILLION TONS.

Fort Worth Texas, Aug. 3l,-The
Farmers Union OF Texas has sent out
circulars to all members urging them
to hold their cotton seed and not to
sacrifice them on the present low
market. 1t points out that the crop
this year will amount to between one
and half and two million tons, val
ued at 3O,0O0,O0O to s40,000,0O0 A
depreciation of even 81 per ton will
mean the loss OF nearly $2,0O0,OOO to
the farmers OF Texas.
The following is a copy of the cir
cuar:
To-day we are confronted with the
worst conditions in history. The de-
cline in the cotton and cotton seed
market, on account of the European
war, threatens the worst disaster to
the southern planter, and unless we
all cooperate, and the national and
state governments come to the assist
ance of the producer it will mean
loss of millions of dollars on the pres
ent cotton crop.
There are no markets on cotton
seed products at present; hence ev-
erybody is up in the air as far as this
commodity is concerned, but we be-
ieve that if the farmers will hold
their seed as we'll as the cotton, a
| Just price will be his reward in a
short time.
81 call your attention to the follow
ing statement by j. w Allison in the
Dallas News of Aug. II, 1914: None
of the mills are buying any seed. Four
| hundred bales OF cotton day are be
| ing ginned about Taft. The seed has
no market Oil men are afraid 40 buy
because they do not know what price
they should pay under existing condi-
tions. 1t is the same way at Victoria
and at other Texas points where gin
ming is in progress In the same arti-
Gle Mr.. Allison uses the following Ian
guage: Now the market is so uncer
tain. oil men do not know how to even
fix the price for seed, and no bank
will loan them money
"Now if the farmers can secure an
advance of $50 per bale direct from
the government on their cotton, it will
tide them over until conditions be-
come normal, and they can sell both
cotton and cotton seed at just price
and nobody would be hurt because
this $50 per bale would Immediately
be put into circulation.
| "In 1912, and We use that year be
cause we have no statistics before us
for 1919, there were crushed in Texas
1870, 966 tons of cotton seed. The av-
erage price for seed paid in that year
was s1S2S per ton. From all indica-
tions at present the 1914 crop will be
as large or even larger than that OF
1872 and basing the loss of even 81
per ton, this would mean over mil
lion and a half dollars; then stop and
think what $S or so per ton would
mean.
"The Farmers Union still main
tains, as it has in the past, a cotton
seed department, but with the pres
ent conditions, on account of the Eu
ropean situation the cotton seed mar
| ket Is so demoraliZed that it is impos
sible to make any quotations on cot
ton seed, and hence we make an ear
nest appeal to the members of the
union, as we'll as all farmers, to hold
their cotton seed until conditions
change. We are keeping up with the
situation and will advise you from
time to time, but do not hesitate to
write us for any information you may
desire and keep us informed as to con-
ditions in your immediate neighbor-
hood, so that the closest cooperation
may be had Write us at once upon
receipt of this
"As soon as | am in position to
quote you prices that will justify,
will do so at once, but at the present
price | again appeal to you to hold
your seed, and do not sacrifice them
on this low market, but if you must,
and will sell them, notify me what
you are offered for your seed and
will give you best quotations possi-
Bile under existing conditions and do
all can 10 assist you and furnish you
shipping instructions Fraternally
yours. C.. SMITH,
Manager Cotton Seed Dept"