Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-10-24
NEWS AND GOSSIP
Of the FIeecy Staple

NEW YORK, Oct 24-Carpenter, Bag
sot ~ Co: "A good demand was reported
To-Day Tor export and Eastern and South
ern mills McFadden reported a good
buyer of spots in South a. fun prices.
Shorts We're good buyers today, but their
dgBFesSlVeneSS did not have any stimulat-
ing effect upon the market as the larger
majority of traders anticipate very bear
lsh bureau report tomorrow with the ex-
around 1000, 600 bales
Ihere need be no fear of break in this
market as long as trade continues to take
the offerings as il has for some time past.
ifadlng was very light during the morn
lhs session today, but the market was
very steady throughout the day. with lit
ne cotton for sale. The ring crowd does
not seem inclined to hammer as has been
the case for the last for weeks.
hentz' Schill, Dick Bros and Mitchell
We're the principal buyers of cotton to-
Schley, Hartcorn. Royce. Ranlett. Rice
and clifford We're best buyers after the
call Rothschild. Hubbard. Parrott Ror-
Dan ,,.a Moyse. Russell Wiggin and Norden
were best sellers The market was very
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
az Bryan; light rain at Longview June
tlon; 90 at Amarillo; 5S at Dallas. Okla
frost reported
Following are II a. m, bids December
1850. January 1854, March 1910, May
NEW ORLEANS. oct. 24.-Hayward &
clark: The weather map shows fair in
Atantics; cloudy everywhere else; warm
er IN western, colder in eastern half of
the belt, light frost in Mississippi Ala
North Carolina and South Carolina. No
ram on barometer lines yet. Indications
are Tor Increasing cloudiness and unset
ueu 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 Carolinas and Georgia.
The New Orleans Times Democrat says:
Jntl recently the cotton market, unaided
~ good demand, has held it's own in
the race of war In Europe, accommodating
stocks and general bearish sentiment
among talent and trade Now that frosts
nave 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
IactlOn among the talent finds the bear
ish arguments less and less convincing.
This does not necessarily mean that those
uadeIS who are opposed to the bearish
view believe the market is on the eve of
a substantial advance, but it does mean
that the talent is beginning to find some
merit In the bullish claims than seemed
apparent short while ago. In this con-
necuon, 1t should be remembered that
large yields are promised not only in
America, but in India and Egypt as well,
and no real scarcity of supply in general
is expected by anybody But good grade
cotton viii 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
1916, January 1850, March 10 "a. MAY
11.G6.
Estimated receipts Friday
1912. 1911
New Orleans Up, 200 to 49, 200 H. 067