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

NEW YORK. Sept. 90 Carpenter, Bag
got g. 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
close student of the weather map, wires
his friends this morning a high in eX
IRENE Northwest just showing up that
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.
tial 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-
centrated.
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--Eastern portion
clear; balance partly cloudy to cloudy; "A
s st Quanah, SO at Amarillo. 80 at Abilene,
% at Dallas; getting colder; north winds;
high north winds in panhandle. Okla
homa-Generally fair and colder; strong
north winds
It was rumored this morning that the
National Ginners' condition of the crop
was 6S to GO, against GA last month.
rms rumor was not confirmed.
Hutton and Pell interests were said to
have bought heavily todayy which was re-
ported 10 be for New Orleans account, and
Schill is said to have sold freely.
Following are II a. m, bids: october
LEO, December 11.54, January 11,51,
March II IS.
NEW ORLEANS. Sept 25.--Hayward &.
Clark; The weather map shows cloudy
over entire belt: no rain, except some in
the Atlantics. Unusually low tempera =
| lures in northwestern section of the cot
ton belt; Amarillo So Oklahoma AZ, with
wind from north, and Indications for cold
err tonight; rainy colder weather indi-
Gated over nearly the entire belt Map
indicates further fall in temperatures to-
might in north Texas, Oklahoma and Ar
kansas; rains and cooler in south Texas.
San Antonio writes, dated September
2S Many points in this section report
most all of them have ginned to date
more than last years total. Some blooms
have been reported recently, but no one
CARELESS of what the weather may be.
spots have been at premium recently
and II 6-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 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-
ton of the belt and light frost came in
the Texas panhandle Yesterday the
weather man promised low tempera lures,
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 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 saving the fact that the market re-
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 falling to appear. would con
stitute q bearish situation In the cotton
market were not underlying conditions of
d strength giving character.
Tomorrow is the first notice day for
| October contracts at New Orleans
New York notice day is the 9th on
! October contracts
! Following are 10 a m. bids. October
! Il.43. December 11.59 January 1166,
March 11S3.
Estimated receipts Thursday:
1912. 1911.
New Orleans .. 1000 to 1000 2,6l3
Galveston ...... 900 to so, 500 1882