Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-10-24
THE ATANT GEORGIAN NEWS THURSDAY OCTOBER "A 1912
NEWS AND GOSSIP
OF the FIeecy Staple

NEW YORK, Oct. 24-Carpenter. Bag
sot 4 Co.; A good demand was reported
today for export and Eastern and South
ern mills. McFadden reported good
buyer of spots in South at fun prices
shorts were good buyers today, but their
aegresslveness did not have any stlmulat-
ing effect upon the market, as the larger
majority of traders anticipate very bear
ism bureau report tomorrow, with the eX-
peeta9on n View that figures viii be
There need be no fear of a break in this
market as long as trade continues to take
the offerings as it has for some time past
trading was very light during the morn
ing session today, but the market was
very steady throughout the day, with lit
tie cotton for sale. The ring crowd does
not seem inclined to hammer as has been
the case Tor the last for weeks.
Hentz, Schin, Dick Bros. and Mitchell
day.
Schley, Hartcorn, Royce. Ranlett Rice
and clifford were best buyers, after the
call; Rothschild, Hubbard, Parrot, Rior-
dan; hh sS, Russell Wiggin and Norden
steady, with offerings small throughout
the day.
Dallas wires: ''Texas-San Antonio and
southwest clear; light rains last night;
balance generally cloudy and cool; raining
at Bryan; light rain at Longview juno
ton; 90 at Amarillo; IS at Dallas Okla.
homa-Few scattered clouds and cold; no
Following are II a. m. bids; December
1879, January 1854. March 1910, May
NEW ORLEANS. oct. 24.-Hayward q
clark: The weather map shows fair in
Atlantics; cloudy everywhere else; warm
er IN western, colder In eastern half OF
the belt; light frost in Mississippi Ala
Dama, tennessee, Georgia, and parts of
North Carolina and South Carolina No
ram on barometer lines yet. Indications
are for increasing cloudiness and unset
tied, rainy weather in Western states and
western half of Louisiana. Generally fair
belt
~ Light frost is, predicted for tonight in
Tennessee, north, Alabama and interior
of the Cerolinas and Georgia
The New Orleans Times Democrat says:
Until recently the cotton market, unaided
by good demand has held its own in
the face of war in Europe. ac6umuating
stocks and general bearish sentiment
among talent and trade. Now that frosts
have actually invaded the belt and the
period of genuine cold weather is near at
hand and spot demand is more in evil
dence, with offerings less free, the neutral
faction among the talent finds the bear
1Sh arguments less and less convincing.
rms does not necessarily mean that those
traders who are opposed to the bearish
view oelleVe the market is on the eve of
a substantial advance, but 1t does mean
that the talent is beginning to find some
merit in the bulllsh claims than seemed
apparent short while ago In this con-
nectlon, 1t should be remembered that
large yields are promised not only in
America, but in India and Egypt as we'll,
and no real scarcity Of supply in general
is expected by anybody. But good grade
cotton will likely be in relatively small
supply because OF the damage done by
rains in the South during the harvesting
season, and the trade has not forgotten
that the very hgih premium demanded for
the more desirable sorts went a very
long way in support of the market two
years ago
Following are 10 a. m. bids. December
lQ.7e, January 10.S0 March 1924. May
HOG. -
Estimated receipts Friday:
1912. 1911
New Orleans ...12,200 to 1890 a. 67