The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-01-25

up with production are much great.
er than the chances that We will
come M with even short crops, and
there IS no indication ut present that
the supply from other countries will
pe larger than the past year. Rus.
sia is out Of business as a cotton
growing country, but her people must
wear clothes. We think the strength
Of the cotton market today is due
as much TO the fact that no large
or even adequate supply of cotton
can be produced in this country this
year. 1t Is a curious condition. but
nevertheless true that the higher the
wages commanded by labor the less
IL produces, and especially farm labor
where no pressing house rents. water
and fuel bills have 10 he met. This
ia the rule all over the world. Not
withStandng labor ia the most ado.
of the world reduction OF produc.
ton goes right along. The returned
soldier il looking for a job if sitting
in the shade and reading a paper
We're it called q job and hr was get
Ting well paid for it, and a negro
who has been getting 81 TO $40 per
day in a munition factory or in 4
shipyard is still looking for job
compared with which the pay for
farm work is not cigarette money.
We hear from every hand that
spindles are increasing in every quar-.
ter of the globe-Japan has forbid.
den any expectation Of cloth or yarns
and has taken the duty off imports
of cotton goods All this tends to
prove the ever increasing demand.
which we have contendcd for some
time is only limited hy the capacity
of the mills to furnish the cloth.
The price of feed and food products
are still so high that no prudent
farmer will stake his all on cotton
alone. For the first time in 81 years
Texas produced u big crop of corn
GALLEY Two - - -
COTTON WORTH FORTY CTS -
in every county and this will en-
courage the planting Of very heavy
acreage the coming year-not only
is this true of Texas, but the entire
south.
We believe that we have made out
our claim that we can neither raise
big crop nor a. cheap crop this
year, and urge our readers TO sell
their cotton sparingly at 40 cents
and above. OF course the new crop
may be SO large that it would cause
prices to open under 40 cents. but
if the market is not flooded with cot.
ton anything under fourteen million
bales should open at 81 cents to 40
cents and by judicious selling and
holding work back to 40 cents or
better. If the crop should not be over
10000 600 bales we will sell no cot.
ton under 40 cents long at a time
and if not over 12.0O0O00 bales
well, we would hate TO be short the
market.
No one need look for any cheap
cotton, cotton seed products. pack.
ing house products, steel, lumber
coal, labor, land mules or anything
else until emigration to this country
revyes to the extent that the big de
mand for labor is partially satisfied
and when the high cost Of living
drives more farmers back to the farm
from the cities where they migrated
in response 10 the call for more
workers at higher wages than they
formerly obtained in the country.
The senate of the United States
must finally yield to the pressure OF
public opinion and mike some kind
Of settlement Of the German peace
treaty and as soon as it is done We
expect TO see still higher prices fol-
cotton, but until this is done we must
continue TO urge caution in cottor
at present prices or better.-Fron
Cotton oil News.