The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-08-18
Big Warehouse For
Cotton is Atlanta's Plan

AtianIa, Ga., Aug. 1b.-PianS to
create in Atlanta spot cotton mar.
kst, comparable to those Of Memphis
and New Orleans is one of the. prip-
cipal aims and purposes of the Cot
ton Storage Finance company, which
has begun operations here.
The plant employed by the com.
pany is the Gambler Warehouse
which was constructed before the
war for cotton handling and storage
1t is one of the largest, best equip
ped and most modern plants in the
country. 1t was commandeered By
the War Department when the Unit
ed States went to war with Germany
and has been in continuous use as the
supply base of the Southeast since
that time.
To its existence and adaptability
for war purposes, Atlanta owed its
selection as depot headquarters fo,
all the southern cantonments. In re
verting to the original purpose OF
it's builder, Asa G. Gambler, the ware
house places Atlanta and Georgia in
a strong and advantageous position
to take first rank as a spot cotton
market and as storage, handling,
concentrating and distributing point.
The lessee of the Gambler ware
house is the Cotton Storage Finance
company of Atlanta, a corporation
having 100000 initial capital with
the privilege of increasing it to half
million. ]. J. Williamson is presi-
dent; D. T. Manget, vice president;
F. M. Inman, treasurer and John A.
Manget, secretary. The alliance
which the incorporation represents is
drawn all the more closely by the
combination this month of the cotton
firms of J. J. Williamson and COM
pany, and Inman and Howard, under
the style of Williamson, Inman and
Stribling, the senior members of
which are acting executives of the
Cotton Storage Finance company.
The general manager of the plant
under its new administration will be
Samuel Martin, who was its manager
before it was dedicated to war pur.
poses. He has had over 40 years. ex-
perience in the cotton and warehouse
business. He will be assisted by ex-
pesieneed department heads. X s
The capacity of the company for
storage is $4,000 bales, all in fire.
proof, reinforced concrete chambers
sprinklered throughout. This takes
AA insurance rating, which is the
lowest rate written by any insurance
company and the best proof of the
highest type of storage.
The facilities of the warehouse un-
der its new management will not be
restricted to cotton exclusively, bul
the company offers to the public com.
mercial storage for grain, automo.
biles, merchandise and other commo.
dities, upon which it's negotiable re.
coipts will be issued. Certain sec.
tions of the big warehouse are also
offered for lease to firms, corpora.
tions and individuals desiring space
under their own lock and key.
The company will exhibit on tables
every business day samples for the
bids of mills and merchants. 1t is the
purpose of the company to have c
sufficient assortment of cotton at al
times to attract spinners from the
Carolinas and other Southern points
thus building up the Atlanta spot
market to the size and importance
of the leading spot market of tht
South.
The new use of the Gambler Ware
house, which covers more than six
teen acres, will be matter of inter
est to cotton men through the South
-->->