Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1912-07-16
H ~ s..iSi &C 3 cIG A oorroS LETTER


HAYWARD & CLARK's COTTON LETTER
NEW ORLEANS. Ia. July 15.-Weather de-
wesnnments over sunday were rsfher les IA
wurnbie Ia the western states where tempera'
sures rise somewhat hut they were more favor
abe IL the central ard eastern states. where
showers we're much less numerous and less
hea-y except along TIE enast line. lndieetions
are favorable irasmuch Is ec-0ier weather Is In
dieafed for North Texas. Oklahoma and Arkan-
ssE while CLEARING weather sin follow a small
disturbance DOW passing up the Atlantic coast.
Liverpool c1utinues strong. showing futures
81 one time poiuts bitter than due; sf'ots.
Point higher. CcnS0ls dropped Sic today. Our
Insrket orrne,l a few points higher, bet met with
more substantial selling than IN the past hEa
mnnn quiered down. New York adviees are
mixed with Some opinions more openly against
q further advanre. Publications. for cooler weath
- In the southwestern quarter Of the belt dh~
for clearing weather in the eastern states II
next - hou-s also cansef hesitation-
CARPENTER. BAGeoT co.'s COTTON
LETTER
NEW YORK. JuIy 15.-Opening Of our market
was not good in the face Of such a strong Liver
pool.
inr on and after the opening. One Of the
large SPOT houses was reported seller: ais
Wall street interests TIE ring trader sold
On anticipation o. more favorable weather Tbs
forecast Is for cooler IN west This. OF course
= causinE liquidation by longs which has beeu
the case Tor the past few days.
A the popular opinion here Is that the mar
ket Is high enough. but regardless % the sell
iuE that such sentiment brings cut the market
DIS not 90 down
There Is an underlying Stren=th In this mar
ker which Is puEKliuE 20 floSe who insist that
fhe market Is too high. The strength In liver
pool anil the continued steady demand for spots
lnrst not be overlooked. Reports nf damage
ccntinue n crne In from the eastern and cen
trsI belt. AMI Just - long as the above con
diflous confinue we 10 not expect a decline
COMMERCIAL APPEAL CROP REPORT
MEMPHIS. Tenn. July IS-The Commercial
Appeal report says
weather conditisas west % the Mississippi
river were favorable 70 the growing crop during
fhe past week and from good 20 splendid
progress made IN that section. East 81
TIRE river the weather was unfavorahle too
nurh rain having fallen. and the plant made
81 TIRE river was offset hy deterioration. 50 that
n the entire area covered NJ the eastern portion
81 the beit the crop nay - said 20 have stood
sfiI during the week Heavy rain damaged
he cron In the ioNlands who're weeds abound.
IN the opinion o. most correspondents. however,
murh 81 this damage. II lot 81 % "a. may be
overcome by weather good for growth and cul-
rfvafion from TOW on-that il. hot weather and
plenty - sunshine
In the west. the crop made progress that was
On the whole above normal Warm weather.
sunshine and the ground well supplied with
moisture proved 70 ~ Just what the crop most
ne plant Il fruitiuE well and hollis sre ap-
rearing In many districts. especially Texas.
Complaint % boil WeeFf was heard from
Infected territory. but the dsmEEe so far re-
tlrrfed from this pest has not been serious.
keafferinE reports were made of other Insect
DAMAGE. but they are hardly worthy Of serious
ronEideratiou-