Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1919-11-21
COTTON AND COTTON SEED.
Government Will Give Inform ation as
to Values.

To give to producers and 9th ers IN
formation regarding actuaI coltoh
prices in their local or nearby 1mpor-
tant markets, the Bureau of Marx cts OF
the United States Department OF .Agri-
culture is inaugurating cotton J. rice
quotation service and will issue repo. "ts
from Ave important points in the co l.
ton belt! Cotton seed prices also VIII
be covered. .'.- e.
The first report is to be issued from
Memphis, Tenn, for the district I'M
mediatelyv surrounding that point;
other reports will follow from district
Headquarters at Atlanta, Ga, New
Orleans, La, Charlotte, n. c., and
Dallas, Texas, for the territory imme-
diately surrounding each of those
points.
In announcing the price quotation
service for cotton the bureau of mar
kets states that producers and even
dealers interested in cotton have al
ways lacked sufficient reliable inror-
nation as to the actual market val
ues of the different grades of cotton
| in the various primary markets and
concentration points in the cotton
belt. A recent amendment TO the
limited States cotton futures act pro-
vided authority and funds to enable the
secretary of agriculture to inaugurate
| a quotation service which would fur
nish producers and others any needed
information, particularly in view of
the fact that, as a result of the amend
ment, an important outlet for ten OF
the lower grades of cotton which had
previously been deliverable on future
contracts had been closed. The closing
Of this outlet for these ten low grades
of cotton has emphasized the need
for n quotation service of the kind
which the government is now estab-
| fishing.
Reports of purchases and sales Of
cotton will be gathered from country
buyers, country merchants, dealers,
brokers, commission merchants,
factories, mills and others who buy or
! sell in the important country markets
land concentration points Throughout the
cotton belt. On the basis Of these re-
ports the bureau of markets will pre-
pare and publish weekly bulletins
showing the prices at which the various
grades of cotton have actually been
bought and sold. The bulletin issued
| from each Of the FIVE district head
Quarters will show cotton prices in n
number of markets in the territory
! Immediately surrounding or adjacent
! to the district headquarters, and its
distribution will be largely confined to
! persons in the district for which it is
! issued. No one bulletin will cover quo
tatiCns for the entire cotton belt. and 1t
! IS intended that the bulletins shall be
prepared in concise. readily undor-
etanGabr form and given such dis
t.ibution that they will be Of local value
to persons in the communities which
receive them.
! The information contained in the
! bulletins will be tclcphoned or wired
at their expense to persons who request
such service. The complete bulletins.
will be mailed to newspapers, Federal,
state and county officers in each dis
trict 20 dealers and others who fur
nish the information on which the
| bulletins are based, and to banks, cot
ton gins, exchanges, oil mills, pro-
ducers, and others who desire to have
them. 1t is expected that the infor-
nation contained in the bulletins will
be given widespread circulation and
will be available to all who may be
interested.
In view Of the general lack of infor-
nation as to the prices of cotton seed,
the quotation service for cotton will
also include the actual prices at which
cotton seed is bought and sold at a
number of markets selected for the
purpose in each district.
Brickmaking on Dccrease.-The pro-