The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-09-10
PRICE is FIXED
FOR COTTONSEED
Mills Will Pay $40 Per Ton, Be-
ginning Today

Columbia, Sept 5-Cottonseed pro-
ducers and oil mill men meeting here
yesterday established $50 per ton as
a fair price for cottonseed in carload
| lots and $67 from the wagon. This
was unanimously agreed upon and
seed will sell for that price today as
practically every oil mill in the State
!; was represented and no opposition was
offered to the report Of the commit
tee which recommended the above
prices.
This price was fixed after two
hours discussion and after the meet
ing had agreed that seed should sell
according to the value of the by-pro-
ducts, oil, meal, hulls and linters In
arriving at the price which was
agreed upon the committee based its
figures on the prevailing figures for
the four products yesterday and the
seed price will luctuate up and down
as these four products rise and fall.
The committee calculated that the
gross sales from a ton Of cottonseed
yesterday would have been 1860 and
from this figure deducted per cent.
for the mills profit, $3.50 for man
ufacturing costs, 50 for freight costs
and 5 per cent. off for the present
green condition of the seed. From
these figures it was unanimously
agreed that the mills would pay $40
per ton for carloads Of seed and SGT
for those bought off wagons while
dealers We're allowed So commission a,
ton, the same as last year. This price
is 50 above what was being paid yes
terday morning. The committee ar
riving at these prices was elected
from the house and was composed Of
two seed dealers. two oil mill men,
two farmers and B. Harris Following
is the personnel of the body: B. Har-
ris, Columbia: E. W. Abel Of Saluda,
G. c. McA!ily Of Chester, E. W.
3abbs of Mayesville, I. D. Jennings
ST Sumter. Russell Acree of Darling
TON, j. J. Lawton pf Hartsville.
After the adoption Of the commit
tee report another price fixing and
regulation committee was appointed.
This body will meet from time to
time and raise or lower the price as
ttlS DS UiCOGCtS tliS SOhi-
mittee is composed Of B. Harris, COM
missioner of agriculture. commerce
and industries. as chairman: L D..
jennings Sumter: Russell Acree. Dar-
lington: c. G. McAlily.> Chester. The
State chemist is to serve as secretary
of the committee without vote. The
price to be paid will be in even or
half dollars. thus elimina ting the odd
cents.
Those attending the convention
were A OIL mill men. II farmers and
four seed buyers A thoroughly CO.
operative spirit was manifested from
the outset and many things formerly
by both oil mill man
and farmer were cleared up yester-
day Every speaker on the floor yes
terday, emphasized that to bring
about better conditions among. the t
-arT,erse and to build up thescr1lshers'
cooperation must he the
s. ]. Cassels of Alabama.
'ormerly Of the cottonseed division of
Of the food administration. made the !
main address of the day and started
The movement to adjust the price.
During the committee deliberations
Prof. A. T. Conradi. secretary Of the
State crop pest commission. told OF
the boil weevil conditions in the
State. He said the weeyil was going
TO be exterminated soon and with the
proper care eXrcised by farmers will
be eliminated to the level of the po-
tato bug damage each year.