Word: firm
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Dates: during 1930-1939
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...crop in the biggest cotton land in the world would be 12,481,000 bales of about 500 Ib. each.* Last year the crop was 10,638,000 bales. The estimate was a little higher than expected, although Clinton T. Revere, famed cotton expert for the Manhattan firm of Munds, Winslow & Potter, scored a bull's-eye with a private estimate of 12,498,000 bales, only 17,000 above the Government figure. A month ago the Crop Board estimated that this year's cotton acreage was up less than 10% from the 1935-36 season, and cotton...
Geography. It is a poor year in which Anderson, Clayton & Co. does not handle 2,000,000 bales of U. S. cotton. It is a poor year in which the firm does not do twice as much business as its nearest private competitor, George H. McFadden & Brother. It has $40,000,000 capital and its credit is good for at least $150,000,000. The list of branches and affiliates stemming from its headquarters in Houston's 16-story Cotton Exchange Building is a complete lesson in world cotton geography. In North America the name Anderson, Clayton...
...Vegas, N. Mex., with his wife and one of his four daughters, Merchant Clayton returned to his desk in Houston to be on hand, like the world's lesser cotton men, for the Government's estimate. Lamar Fleming Jr., his young partner, who is rated the firm's No. 2 man, saw the figures soon after he debarked from the Enropa in Manhattan. Presumably the partners of Anderson, Clayton & Co. were pleased because a big crop means more cotton to handle. In the seven seasons through 1935 the firm sold more than $1,000,000,000 worth...
...railroad contractor. Son Will left school after the eighth grade, studied shorthand. One of his first customers was William Jennings Bryan, who made him retype a speech because the margins were too narrow. At 15 his astonishing stenographic skill landed him a job in a St. Louis cotton firm. Soon he went to Manhattan as secretary to a cotton man named Lamar Fleming, father of his brilliant young partner. Will Clayton was a model youth. He never smoked, never drank, never swore-and does not to this day. He worked nights, sent money to his mother, put up with...
Anderson, Clayton & Co. grew rapidly, taking over gins, branches and business from the defunct firm with which Will Clayton got his start. The firm promoted the round bale (250 Ib.) of uniform consistency which requires only one man to handle it and particularly pleases foreign buyers who deplore the shabby wrapping of the rest of U. S. cotton. Today Anderson, Clayton operate traveling gins in sparsely-settled areas of Mexico, compresses to reduce the size of ordinary gin bales for overseas shipment, warehouses with a capacity of 2,000,000 bales, a barge line on the Ouachita, Mississippi and Warrior...