Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-08-06
NEWS AND GOSSIP
Of the FleeCy Staple

got & Co: The New York Commercial
says Feeling is bearish on cotton.
Sealpers think the market is over
Browne, Drakeford & Co. Liverpool. ca
PIE: The market is influenced by
strength Of New Orleans and good general
Schley, Hicks, Beardsley Parrot, Hart
corn and Mitchell bought, Wilson, Munds,
McGlroy,, Rothsehild, johnson and Hub
Hicks and wenmau bought January.
Riordan, PARROT, Geer Hubbard and viii
son sold. Hentz and Schiil bought
Dallas wires: "Texss-Heavy rains in
Fort Worth to Mingus; raining all night
at Dallas, Fort Worth. Denison, sherman,
Cleburne. Mount Pleasant. Bonham and
Fort Worth to Santa Fe; raining hard at
Waxahachie and Weatherford light rains
at Texarkana, Whitesboro, Mexia, East
land, Kaufman, Terrell, Paris generally
cloudy and cool; raining at Newklrk, Pur
cell. Moore, Hugo, Davis and Atcks'
The Hentz selling, looks TO be about
over and seems to be some buying or
deTs under the market Further rains
are reported In Oklahoma and Texas
There was considerable selling during
In Texas and besrish report from Cor
dill.
Riordan big buyer; bought 10000 Octo-
Sold by McGhee. Hubbard. Geer. Mitchell
and Schill. Hentz and Horton buying for
Schill Ring generally selling.
o. Dallas 2.4ss Dublin SO. Fort Worth
EOS. Mexia %. Paris So. sherman i9e mqppf 20,
haShie inches W Yea tPtp s .2 ""N"
12.1$, October asa. December i24l, y jan m.
Nav o5iRiLEANs, Aug. s.-Hayward &
Clark: The weather map shows cloudy
over the entire belt. except clear on lower
Texas coast; big rain at Fort Worth, 2.s0;
raining now over north Texas to abb
lene; also rain in Oklahoma. Detailed
government report at 10 o'clock will show
extensive rains in Texas. No rain in cen
trail and eastern belt Indications are
for further general rains in Texas. particu-
larry central and southern portions I'm
settled, showery weather over rest of the
belt.
Telegraph companies report heavy and
extensive rains in Texas overnight.
Waco, Tex, wires: Good, steady rain
since 7 this morning; still raining. GEN
rains working south
Cordili wires from Memphis, Tenn:
Oklahoma. as a whole. Is good excel
tint crop laid by and we'll worked, but
very small and late The western por-
ton OF Arkansas is excellent; south good;
central very spotted: east and north poor
and late; scattered showers, light to good
and heavy rains have fallen over large
area in Texas, Oklahoma and Arkansas
Where needed, vastly improving condition.
But more rains are needed in central
and south Texas south and central
Oklahoma. Good rains also in parts of
the Atlantics where needed. General con-
ditions improved materially in past five
days"
The New Orleans Times Democrats
summary: In spite of constantly improv-
ing means of quick communication, the
cotton market controversy over the ex-
tent of rain relief in Texas is now as
acute as it has been before in the sum
mer time. Liverpool, in holiday Saturday
and Monday, opens this morning with an
abundance of bearish weather reports in
grams have been sent reporting the rains
in the west as heavy in a few localities,
light at number of stations, and non
existent in a large and important area.
In the opinion of extreme bulls, adequate
relief has come to only one-tenth of Tex
as. In the opinion of extreme bears,
| three-quarters of Texas has had ade-
quate relief
Liverpool is due to open at a decline of
13 or Il English points this morning.
Some shorts feared the foreign market
might not meet expectations because
there is an important conservative ele-
ment abroad that has adhered to bullish
| beliefs on the ground that consumption in
| l912-1913 will exceed the largest crop
grown prior to 1911-1912, and that the late
start and periods of unfavorable weather
render the 1912-1s13 crop promise ques-
tiOnable at least.
Estimated receipts Wednesday:
1919. 1911.
New Orleans ami. 500 to 400 &57