Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-07-19
NEWS AND GOSSIP
Of tie Fleecy Staple

NEW YORK. July 49,. Carpenter, Bag
got Fl Co: Rains in Texas had de-
pressing effect on Liverpool and this mar
ket but the demand from same sources
as yesterday seems good,
Riordan has been good buyer since the
opening Mitchell and SchiH also buying.
The Waldorf Astoria crowd were again
among the best buyers today.t absorbing
all offerings coming their way.
Commission houses reported to be good
buyers.
Dallas wires: Texas Heavy rains in
Houston, McGregor, Coleman, Mercury,
San Antonio, Bremond, Big Springs, Ham
good rain Waco; light rains MeXia Tenn
pie, Hillsboro, Kaufman, Cleburne. Mer-
ket, and scattered showers balance clear
and warm. klahoma-Generally clear
Mitchell at the opening today began
bidding the market up, buNing october
heavily. .
Mike Thomas wires from Dallas These
light showers and hot weather causing
complaints of shedding.
The New York Commercial says: The
continued bad weather has turned, SEN
The Journal of Commerce says; There
are indications that the early receipts of
the new crop win find ready buyers
NEW ORLEANS, July 19.-The weather
map shows fair in oklahoma. Arkansas
cloudy elsewhere. only light showers in
Texas except heavier rains San Antonio,
Houston No rains in Atlantics. but gen
states. Indications point to unsettled and
showers in Texas and lower central
states. but clearing for Tennessee and
the Carolinas
Memphis clear and hot: Yazoo City
partly cloudy and warm; Greenwood
cloudy and hot. rained last night; Vicks-
burg cloudy and warm, rained last night;
Greenville, Miss, cloudy and warm, rained
New : York says: pei and Riordan
starting again the buying,
fA iert,f 70, nod
south and southwest; partly cloudy
Habersham King, in his last report,
SAYS; Am strongly Of the opinion that
ing of the skies was most favorable. Inn
agine the damage to a sappy plant If
clearing had been immediate As it is,
with the exception of small areas, there
has been almost a complete clearing out
Of the grass between the showers over
the eastern belt consider Texas be
western and central portions and un-
less relieved serious damage will be
worked in a fortnight
The New Orleans Times Democrat says
Broadening speculative interest based
upon the growing conviction that the
weather is only one of the several strong
features contributing to the advancing
tendency being displayed by the market
has resulted in considerably more ac
tivity around the ring and brokers are
asking themselves the delightful question
Has another bull campaign begun? The
July position is performing in a manner
that recalls to mind the triumph of for
mer bull leaders in the market. and the
paucity of tenable grades. as well as the
insistent demand from both European
and American spinners for good grades
has given the holders of October con-
tracts new ideas as to the real value of
cotton to be" delivered during that month
Continued rains in the central and east
ern portions of the belt do not suggest
any unusually early supply of good
grade cotton. and if the tatements made
by exporters are to be credited, Texas
has sold a world of good grade cotton
that will find its way to the spindles
instead of to the contract market.
Estimated receipts Saturday:
1912 i911
New Orleans ......... $50 to $50 81