Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-08-20
NEWS AND GOSSIP
Of the FleeCy Staple

NEW YORK, Aug. 10 Carpenter, Bag
got & Co: Mr.. Tate, of Carpenter, Bag
got 4 Co, says; 1T is indeed hard to
get line on cotton. NJ matter how
bullish the news is there seems to be a
disposition to sell This last decline was
que 10 reports of some rain in southwest
4 eNaS, which any planter or cotton man
knows does more harm than good, but
II depressed the market causing liutIida o
ton ana short selling until the price is
iast reaching a point from which a re-
bound must come, although at the mo-
ment it looks as though the bears have
control of the situation
\ very bullish September government
tDhultloh report is expected, and before
mat time we expect to see considera BILE
advance and a dissipation of the claim
nIat ms crop is more than fourteen mill
Il think l would be careful to avoid
I ne snort side and work only TO the long
The Memphis Commercial Appeal re-
port son the growing crop during the past
week as follows: The week was favor
able over much of the larger part of the
cotton states, and in many sections the
!hat seems possible The plant is grow
ing very fast and is taking on fruit in
very satisfactory manner The earlier
pohS are nearing maturity, and if frost
Is somewhat delayed, districts that once
rocked poor viii make a fair or large
crop. 1t IS worthy of notice, however,
MA, up TO August the plant was small
over very wide areas and had not sci
any fruit to speak of. Since that date
II mas done we'll, but naturally has not
made up for all early deficiencies 1t is
dlso true mat owing to the delay in this
process a late season is needed to ma
tufe the crop. Exceptions to the general
progress are noted in North Carolina and
SCUM central and southern Texas, where
ram has been insufficient to carry the
plant forward. There is very little open
cotton except in Texas. Boil weeVil are
more numerous in Mississippi and Louis
lama"
Geer was credited with selling Mitchell
e,Uo0 october during the first few minutes
of the morning session
McFadden and Weld interests were
best sellers during the early trading Com
mission houses and ring best buyers
McFadden and Mitchell sold the market
orr shortly after the opening through
Dallas wires: STexas and Oklahoma
generally clear and warm; no rain"
Following are II a m. bids: October.
LILO; December, ll.l7; January, HI;
NEW ORLEANS. Aug. 19.-Hayward &,
Clark: The weather map shows cloudy in
south and west Texas generally fair else
where; some light showers in south Texas:
some NICE showers in north Louisiana.
central Mississippi, a few isolated show
ers elsewhere ideal warm growing wealth
er. lndlca tionS are for continued unset
tied weather west and south Texas; prob
ably some light scattered precipitation,
generally fair rest of belt
With exception of scattered local show
ers coming week win be one of fair wealth
ar and moderately high temperatures in
southern states. No indications Of dis
turbances in West Indies at present time,
The New Orleans cotton exchange will
be closed saturday, August 81. and Mon
day, September 2, on account of Labor
Day being a legal holiday.
Evergreen, Ala, offering spots for ship
ment next week This looks like crop not
so late as claimed.