Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-09-25
THE AINTA eEoRGAN WEDNESDAY SEPTEMBER s. 1912
NEWS AND GOSSIP
Of the FleeCy Staple

NEW YORK, Sept 25.-Carpenter, Bag
got < Co. s. Tate, OF Carpenter, Baggot
& Co, says EARLY in the week the gov
eminent bureau report predicted there
would be a high barometer appearing in
the Northwest about Wednesday or
Thursday which would bring very much
colder weather. Il. G. Scales, who is a
close student of the weather map, wires
ms friends this morning a high in eX-
IRENE Northwest just showing up that
VII VII give heavy frost about Sunday or
western cotton belt, and is advising his
friends to buy some cotton.
Some good buying prevailed at the mi
tia trading which looked like shorts were
covering on predictions of much colder
weather in the west tonight. The rina
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-Fastern portion
clear; balance partly cloudy to cloudy; "A
at Quanah, IS at Amarillo, so at Abilene,
% at Dallas; getting colder; north winds;
high north winds In panhandle. Okla
homa--Generally fair and colder; strong
north winds"
II was rumored this morning that the
National Ginners' condition of the crop
was IS to SO, against 674 last month,
This rumor was not confirmed
Hutton and Pell interests were said to
nave bought heavily today, which was re-
ported TO be for New Orleans account, and
Schi is said to have sold freely.
Following are II a. m. bids: October
! l.25, December 1l,54, January 1l.5l,
NEW ORLEANS, Sept. 25.-Fiayward &.
Clark: The weather map shows cloudy
over entire belt; no rain, except some in
the Atantics Unusually low tempera-
lures in northwestern section of the cot
ton belt; Amarillo 49, Oklahoma Az with
wind from north, and indications for cold
er tonight; rainy, colder weather indi-
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
% 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 premium recently
and II 5-16c basis was freely paid here
for 1,000-bale lots during market hours
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 Times Democrat says:
In the cotton belt the coming of killing
frost is usually preceded by a series of
frost scares. This season frost talk has
started early. Last week there was a
frost prediction for the northwestern por-
Ition of the belt and light frost came in
the Texas panhandle Yesterday the
weather man promised low temperature
possibly near freezing, in that section.
The returns THIS morning may show
the thermometer failed to drop as 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 a dis
tinct drift toward an early fall, the one
development the big crop man fears. on
the other hand cotton is pling 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
and frost failing to appear, would con-
stitute q bearish situation in the cotton
market were not underlying conditions of
O strength giving character
Tomorrow is the first notice day for
october contracts al New Orleans.
New York notice day is the 9th on
| October contracts.
Following are 10 a m. bids: October
| 1t43, December 1853, January 1856
March 11.S3.
Estimated receipts THURSDAY
1912. 1911.
New Orleans ... 5000 to 1000 2.6l3
Galveston ........ IS, 600 to 90, 500 10, 3S2