Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-09-25
NEWS AND GOSSIP
Of tie FIeecy Staple

NEW YORK, Sept. 25.-Carpenter. Bag
got & Co; S. Tate. OF Carpenter. Baggot
X Co, says: EARLY in the week the gov
ernment bureau report predicted there
would be high barometer appearing in
the Northwest about Wednesday or
Thursday. which would bring very much
colder weather E. G. Scales, who IS
close student of the weather map, wires
his friends this morning a high in eX-
IRENE Northwest just showing up that
I VIII give heavy frost about Sunday or
Monday in the Mississippi valley and
western cotton belt, and is advising his
! friends to buy some cotton
Some good buying prevailed at the mi
tal trading, which looked like shorts were
covering on predictions of much colder
weather in the west tonight. The rims
crowd were liberal sellers
About noon the buying seemed con-
The journal of Commerce says: There
is no frost damage yet. Everybody is
watching the weather. as much depends
upon delay in frost for cotton
Dallas wires: "TeXas-Ea Eastern portion
clear; balance partly cloudy to cloudy; "A
at Quanah, SO at Amarillo, 80 al Abilene,
56 at Dallas getting colder: north Winds
high north winds in panhandle. Okla
north winds
National Ginners' condition of the crop
was IS to SO, against GA last month.
This rumor was not confirmed.
Hutton and Pell interests were said to
! ported to be for New Orleans account, and
| Schill is said to have sold freely.
Following are II a, m, bids: October
ll.25, December 11.54. January Isl,
March 11.65
NEW ORLEANS, Sept. 25-Hayward &
| Clark The weather map shows cloudy
| over entire belt, no rain, except some in
the Atlantcs. Unusually low tempera
lures in northwestern section Of the cot
| ton belt; Amarillo So, Oklahoma AZ, with
wind from north, and indications for cold
!
/ Gated over nearly the entire belt Map
| indicates further fall in temperatures to-
night in north Texas, Oklahoma and Ar
kansas; rains and cooler in south Texas.
San Antonio writes dated September
20 Many points in this section report
\ picking nearly over. and some gins are
not now running full time. However,
most all Of them have ginned to date
more than last years total Some blooms
have been reported recently but no one
expects any top crop Of consequence, re
! CARELESS of what the weather may be.
| Spots have been at a premium recently
and II 5-l6c basis was freely paid here
and UP to and within about an hour Of
| the close today. Offerings are light and
! the country seems busy filing up short
| commitments for September
/ The New Orleans Democrat says:
In the cotton belt the coming of killing
| frost is usually preceded by a series. of
I frost scares. This season frost talk has
started early. Last week there was
| frost prediction for the northwestern pOr-
tion Of the belt and light frost came in
| the Texas panhandle. Yesterday the
| weather man promised low temperatures,
possibly near freezing, in that section.
! The returns this morning may show
| the thermometer failed to drop is low
as expected, but the weather students
on the floor say the pointer is for frost
marks on the map by Thursday morning.
| They, in turn, may be mistaken. Never
| theless, the barometric lines show dis
| tinCt drift toward an early fall, the one
| development the big crop man fears. on
| the other hand. cotton Is piling up at
| Galveston. in spite of the fact that ocean
| freight rates are lower and "relet export
room is seeking purchasers Under the
| circumstances, the bear attempts to prove
| the untenableness of the bulls position
| by saying the fact that the market re-
| fuses to advance in the face of frost
| warnings demonstrates underlying weak
ness.
The bull takes the position that almost
everybody being against the market, the
demand for the actual being spasmodic
sttute bearsh situation in the cottOr
market were not underlying conditions OF
a strength giving character
| Tomorrow is the first notice day tol
October contracts at New Orleans.
New York notice day is tire 9th on
October contracts.
Following are 10 a. m. bids: october
1l43, December 1853, January ll66
March 11.83
Estimated receipts Thursday:
New orleans .... 5000 to 1000 Isl;
Galveston .......2 IS, 900 to 30,5 500 Is IS.