The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-09-26
ONE MILL PRESIDENT
IS NOT PESS|M|ST|C
SAYS THAT CONDITIONS
HERE ARE GOOD
A FINE PROSPECT
Local Mills VIII Not Need To
Curtail and All Mills of State
Take a Bright View

That much of the talk around An
oerson about the cotton mills OF
south Carolina facing serious situ-
a'lon is untrue, according to the in
formation obtained in different sec
tlons OF the city and county.
Tie cotton mills o. this county and
or the whole United States are Dur
In as bad circuGis.anc IS by conditions
Drought on by tn. war in Europe as
are the farmers who raise the cotton.
rms Is the sentiment OF the president
or one OF the large mills of this coun-
W. He points out that, while the
market for cotton has fallen off 3 or
cents per pound, the price CT ni2n-
uiacuured cotton cluth has been re-
guced y cents per podnd; thas is. SO
far as the output. OF this mill is con-
cerned. Similar conditions effect
other mills. Even in normal times.
lne business of running n cotton mill
mas undergone a vast change within
the past Is years. Fifteen years ago
tne price OF cotton Gid not change
more than one-haif cent per pound
IN two months or more. but now it
oIten changes as much as cents in
taat time. This makes 1t impossible
for the mill to buy its years supply
or cotton at one lime. because to buy
cotton at high price might mean
that another mill would buy it at q
lower price and sell cloth cheaper.
causing the financial ruin Of the for
mer mill. For the same reason. the
middlemen in New York and other
"lnts In the north cannot buy a large
1,a
!. advance. The mill spoken of has
had to increase its warehouse ..oom
Tor storing bales of cloth many tines
Its former size. 1t is thus easily seen
hGT the present slack market and
%orF u great hardship
on the cotton mills. The mills of this
county manufacture largely wide and
marrow print e!otEs, for which, at
present, there is almos: nc demand at
all. ..7'.
VI. The. mills in many instances are
now running at firancial loss bur
they feel 4 their mora, duty to run
on account cf the "oerativcs and the
farmers OF TIE South. 1t Is also bet-t
ter for them 10 run because d large
expense would be incurrsa iflthe ma
chinery' were stopped. not to, speak
of taxes. insurance and interest nj
cepitai invested The working ca piist
OF mill at the present time Is neces-
sari1y much reduced on account, of
the large amount of money tied up
in cloth stored in the warehouses be-
cause OF lack of demand
This mill president says that the i'm
PRESTON that the mile do not want
the price OF cotton to he high IS all
wrong; that he told one Of his buy.
ers yesterday that he would be very
happy to know that the price of cot
ton had been fixed at IL cents. High
priced cotton means high priced
cloth, and has the effect OF steadying
the market all around. The mills Just
nt this time have q snecial reason
for wanting to see the price of cotton
advance. because they are. for the
most part manufacturing cloth OIL
cotton which they paid Bom 10 to 12
cents for. TO sell the cloth cloth now be-
Ing made at present prices means
great money loss.
Cotton of Uniform Staple.
Another impression commoniS held
among farmers Is that, the iniiisI OF
the eSunty. IL they,'w 'would,s could use
cotton grown In this county, This Is
not true, because each. mill, has to
have d certain length OF staple of a
certain tensile strength; far their
looma III they could the. mills. would
gladly take their cotton, or the local
market and save the freight they
have, to, pay on 1t II Is pointed out
That the farmers OF this; county could
raisg the sort OF stable nifstly used
IL they would serure the ntorer seed.
David r. Coker. of Hartsvil,e, grows
this sort OF cotton and the mill mem
Toned used much OF It. last year. The
farmers should realize that each. MILL
has to have cotton OF q uniforr.
grade and take more pains TO grow,
his sort OF cotton. The mill mer.-
honed uses great deal OF the cotton
grown In this county noH. thonrh Sc
has to resell mitch OF Il sissssr ;6 isI
bought on account OF It's lack OF uni-
form grade. Only six bales of ihisI
years crop have been bought by this
mill. fsa S. 3
The president says that the hold-I
ing movement is general Throughout
his ccaEty and, largely In 4s1e south,II
:hough IL iB nasa tFiieiafliat cotton
sannot be secureSlss The mill; bc..s.Ilti |
100 bales yesterd lay for O. tSseuta psjri
sound. Cotton In South Carolina justj
lts present IS held at O higher prfcal
han In Texas Mississippi, Alabams
md Georgia, according 90 talegramsi
received yesterday. s.l s. ~ 4