The Dawson news. (Dawson, Ga.) 1889-current, 1916-08-09
h COTTON SEASON
ISqRENARKABLE one
CpOP PROVES OF GREAT
.r,1F LINTERs AND SEED
nrcOME BIG FACTOR.

i n into history with the close
il enol dav in July the cotton
~ llo Of off, 1915-l91e was remarka-
s Sny total production for the season ::
~ O68. 900 bales, exclusive OF
~ which there were 895,274
F. nrevious season there were
'sncod 15,915,84O bales, exclusive
Enters. of which there were 092'-
bales.
Ebp average price of cotton during
mast twelve months was II 12.
nor nound and the average price
6in+ors was 6 cents, making the
In+orv value of the crop $712,-
] loco. linters included.
e. average price of cotton during
8sooson previous was 8 cents per
IA and the average price of lint
was 21b cents per pound, max
+ba monetary value of the crop
a 100000, linters included.
sbns it is shown that one of the
Hest crops has been cashed Tor
largest sum ever known. Add
10 the $712,OOO,O00 the sum OF
h 100000 for cotton seed it will
Keen that the cotton crop of the
btb was sold for nearly $780, OO,-
rhe production of cotton in the
Son lust closed was the smallest IN
nv years and more than 100000
Is less than any crop raised dur
the past six years.
he season opened with the price
bottom at $50 middling basis, but
tendency was steadily upward in
[ of the enormous carry-over
b the previous season and IN the
of the growing movement. Val
continued to rise during the
It'll of August, 1915, and the older
on men predicted that with the
h of the movement coming in Sep
Der values would see another
TX, as the great uncertainty of the
opean war hung over the market
pail.
Rapid Advance in Price.
he market grew extremely bullish
Inc September and leaped the 8
IS barrier with ease and 10 cents
quoted. This figure, thought to
The top level, brought out consid-
BE cotton, though even then there
e many holders. Eleven cents
reached during the month and
the II cents goal was reached.
was the high water mark since
beginning Of the war, and caused
Ph elation among the cotton farm
'of the South and those dependent
,ctly and indirectly on the crop.
b the month of October with the
weight of the crop pressing on
market values were steadily up.
and fuctuated between 11.6O
1885 during the month. A vast
,unt of cotton was taken around
II cents level.
Inter Market to New Levels.
It this period there began to be
of interest in the Inter
ket. The inferior fiber which had
n a drag on the market at cent
pound before the war and which
reached a price of ~ cents per
nd during the first year of the
began to do sensational stunts.
ues jumped to 3 cents, then to 4
is, and there was a scramble for
9rs. Ginners began to set their
to take the maximum fiber from
seed, and prices went to 8 cents.
demand came from the entente
IS in Europe, where the staple was
lg made into explosives. Prices
moved upward and the country
secured for its linters. Big fort
We're made in handling the h.th-
despisad staple. Gold poured ~
he South from new source. The
1nts mark was reached and then
IS, so strong was the demand for
grade of cotton, and as high as
cents was paid for linters.
Seed, Too, Bounds Upward.
muItaneously with the advance
ne price of linters came the cot
seed market into the limelight.
that had been an established val
81 Sl8 to $40 per ton took on new
and began to squirt upward. Cot
Oil men were astounded at tie
land for oil. There was scarcity
{egetable fats in all markets of the
Id as a result of the European
and values began to soar. Cot
seed jumped to $25 per ton and
ed at that level only long enough
latch its breath and then moved
p to the $50 level, when oil mill
Oegan to hold their breath. They
never seen anything like it and
aght it could not last, but the de-
ID was inordinate and persistent:
ues rapidly ran the scale upward
'ugh the thirties until the stag
ng price of $40 per ton was Offer
ana paid for cotton seed, and in
instances values were higher.
seed at $40 per ton, with lint
at Z = cents per pound and cot
al ~ cents per pound the farm
VI the South were indeed in clo-
lring the month of November val
were held around the top level,
range being 11.35 to 1925. In
Lbmoer there was a better feeling
ue market, and values reached a
4