The Dawson news. (Dawson, Ga.) 1889-current, 1923-09-25
ADVANCE SIS A TON
ON NO. | PEANUTS
MEMBERS OF ASSOCIATION
GREATLY PLEASED WITH
PROMPT PAYMENTS.

Peanuts are being delivered 10 tne
Georgia Peanut Growers Co-Opera-
tive Association rapidly by its mem
bers in all parts Of the state, accord
ING to statements made by officers OF
the big new cooperative marketing
association, which has headquarters
at Albany. ,1 frs+
Members are being ADVANCED a flrSt
payment OF SIS ton on NO l pea
nuts within less than "A hours altgi
their warehouse receipts reacn heaG-
quarters at Albany. The lnltial au-
vance was first placed at Soo ION
on No. | peanuts by the executive
committee OF the board OF direCtois'
because OF a desire to be conserVatlVye'
Col. R. z. L. Spence, president OF inc
association, stated. AS soon as II was
founf that an advance OF 80 a ION
could safely be made on NO, IS the
first payments were increased 9lo
ton, Col. Spence stated that TINS was
done in desire to see that every
Grower had as much ready money as
POSSIBLE available just now, Wheh 50
MANY OF the gorwers need 1t.
These advances OF $75 ton are
not all that the association, members
viii receive for their peanuts, COL
one1 Snence stated, but is simply
6rst navment. to be followed by 9th
ers during the period OF months over
I,bich the association will market It's
members stocks in an orderly man
ner II is expected that the fnal pay
ments will bring the total Tor the
members TO a much higher average
than the non-members will receive LOT
their peanuts. ...-. H.,
One member of the association lly-
ING in Dougherty county delivered ms
cr0n of ten tons to an ASSOCIATION
warehouse at Albany and went by
the Headquarters office with his re,
CENT for payment When he received
his check for $3.50 he said that the
initial payment he had just received
amounted TO exactly $3.50 ton more
than he received altogether Tor his
peanuts last year.
Practically every year since peanuts
have been a money crop III SCUM
Georgia has seen the market in the
early fall open at around $50 to 500
a ton for No. / peanuts This year
the market opened at above $lO0 a
ton. something almost unprecedented:
Colonel Spence and other officers OF
the neanut association and well IN
formed business men of Albany were
unanimous in declaring that the hlgh
opening market this year was entife-
w due to the fact that cooperative
marketing organization had peeh
formed Tor peanuts and put INTO oper-'
alton. THE outsider" they SAID, VINO
is this fall receiving good prices Tor
his peanuts and Boosting about 1t can
thank the peanut association Tor the
fact because without an ASSOCIATION
he would have sold his peanuts this
fall lust as he has sold them IN the
Dast-for around $50 to sos ton"
It is estimated that the peanut as
ISOLATION controls more than 70 per
cent of the commercial peanuts IN
Georgia this year, having contracts
covering more than 100000 OF the
states $4,000 acres.
Due to the phenomenally good
nrices the coop has caused at the
opening of the market season, many
of the leading business men OF the
Deanut belt arc afraid that the farm
ers will go in for peanuts too heavily
next wear. and accordingly are urging
their FARMER lIlSiuS iOt ~ wv =,
peanuts. They declare that it will be
lust as ruinous to the state to have
peanuts for a one crop burden as it is
to have cotton the sole money crop:
Many Of the best minds in this part OF
the state are urging a diverse system
of agriculture, which includes not on
w peanuts, cotton, tobacco and 9th
er we'll known money crops, but also
permanent pastures, corn and velvet
beans, hogs. hens and milk cows. 1t
is impossible for a farmer to have a
failure in all these in one year, unless
from a national catastrophe OF some
kind. they saw.