Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-09-14
NEWS AND GOSSIP
Of the FIeeCy Staple

NEW YORK, Sept. 13.-Carpenter,
E5aggot & Co. The Charleston S. c"
News and Courier says: 1t is currently
stated that the almost continuous rain
ran for the past week has wodked serious
damage to the cotton crop in this section
Of the state. Principal injury in the beat
opening in the bolls and the lowering of
the quality by the dirt scattering it.
II was reported yesterday that much
OF the staple had been beaten out upon
Ihe ground and that the farmers of lower
south Carolina would be heavy losers on
account Of the unprecedented rainfall"
Dallas, Texas, wires: Texas pan
handle cloudy. balance clear not so
warm. Oklahoma, southern portion, clear,
balance cloudy and threatening; good
rains at Bristow. Usage, Geary; light
rains at Gushing, Hennessey. Sayre, Gin
ton, cooler"
Cordill wires from San Antonio: ''Dal-
las. WaXahachie to Hillsboro, good"
The market opened rather quiet today,
Mitchell the best buyers After the call
dartcorn, Parrot, Shantz and Cone were
free sellers
Frederickson says map indicates a rep
eution OF 1906, when we had violent
storms and market advanced some 200
points in two weeks.
Buying continued good throughout the
day, Selling was scattered; profit ia king
by New York bulls checked further ad-
vance.
Liverpool cables: American forwarded
4g,4lS ba ale sd during week; total 56.S5S; de-
The market was sold off today on ru-
mors of bearish reports from Habersham
King, which could not be confirmed. The
market was very steady during the day.
FOLLOWING are IL a. m. bids: October,
LIS DECEMBER. 1167; January, 1872;
NEW ORLEANS, Sept. 1S.-Hayward &
Clark: The weather map shows very ia
vorable conditions partly cloudy to fair
IN Atlantics; no rain, which is very ia
| Vorable after recent general rains. Cen
orally fair In central states; cloudy in
northwest Texas and Oklahoma, with
good rains; temperatures lower all round,
as much as 10 degrees in central belt.
indications are for general rains and
cooler in Texas, Oklahoma and Arkansas;
scattered showers in central belt; fair in
Atlantcs.
Advisory disturbance central southwest
OF Pensacola will probably move north,
northwest and pass inland tonight or Sat
urday, attended by strong shifting winds
In northwest Florida, Alabama, Missis-
slppl coast and Louisiana coast.
The New Orleans Times Democrat says:
Another storm warning for the gulf coast,
following higher market in Liverpool,
encouraged American operators to buy
| contracts, and later in the day higher
spot quotations at Savannah Augusta,
Houston, Galveston and Dallas made
them feel safer. The weather over the
belt as whole seems almost ideal. Rains
have fallen day after day in the eastern
states and no trace of the recent dry spell
SHOulu IenldlH eSlerOaN good rams
were officially reported in portions of the
west, and after the close of the official
record private advices brought reports OF
further good rains in Texas and In Okla
| homa. Nevertheless unfavorable crop re
ports continued to come both from Texas
and from the Atlantic states, and the
| talents uncertainty as to the extent OF
| the deterioration during August made the
market very sensitive.
In Alabama and Georgia, where the
new crop movement Is very much later
than last year sellers of early supplies
are probably enCountering some difficulty
in estimating the action they need. This
would account for the apparent strength
of the Savannah and Augusta spot mar
kets, though such strength if really
! predicated on this cause, is no guide tC
the future and particularly so in view OF
| the fact that some export cotton is beine
| offered by Alabama and Georgia on a very
/ low basis.
Following are 10 a m. bids; October
| 1850; December, lilo; January, 11.76
! March, l1.S9.
Estimated receipts Saturday:
1912. 1911
Galveston .......... 1880 to 1880 1886