Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-09-26
NEWS AND GOSSIP
Of the Fleecy Staple

NEW YORK, Sept 26.-Carpenter, Bag
got 4 Co.: a special report to The jour
son still about three weeks late and an
early frost would considerably shorten the
yield. Boil weevils very numerous and
much damage inflicted, together with the
crop prospects. Dry weather and army
worms chief cause of shedding. but little
loss has occurred from this source. Sew
eral points in percentage condition have
been lost during the month. Crop only
about Ii per cent picked, against 20 per
cent, against II per cent two years ago.
Louisiana-Worms and boil weevils
accompanied by hot weather, have caused
considerable deterioration and very much
lessened prospects of a top crop. Foliage
badly stripped and bolls are exposed
but probably better than last year when
it was 61.2 and 1913 year before. Percent
age picked Is roughly 30 per cent, against
40 last year and 80 two years ago.
Anticipations prevail that frost will not
be detrimental to cotton to great extent
Dallas wires: Texas clear to part
cloudy and cold Amarillo sS; light frost;
no Other, frost reported; AZ Paris, 46 Dali
cold; heavy frost at New Kirk, Cuching
Chandler, Sayre, Clinton and Oklahoma,
Division of Missouri. Kansas and Texas
railroad, Bartlesville to Oklahoma City
light frosts, Usage, Bristow''
There has been fully hundred thou
sand bales of cotton thrown on the mar
ket this morning. This cotton has been
taken by somebody and it is believed by
spot people.
After the heavy wave of selling was
over the market responded easily to little
buying.
There is no question of heavy frosts in
| oklahoma and will be followed by more
tonight. This we must not overlook, il
IS very early for such cold weather and
! is forerunner of what we may expect in
a very short while.
! Reports of deterioration continue tc
, come in and there is no question that the
crop Is much smaller than many believe
Spot demand continues good and in the
face of this demand and the very unfa-
| vorable weather conditions we may ex-
| pect higher market.
FOLLOWING are II a.. m. bids: October
lib; December 11.50; January, 11.49
NEW ORLEANS, Sept 26.--Hayward s
north Texas and Oklahonia cloudy else
where. Unusually low temperature In
north Texas and Oklahoma; A at Fort
| Worth, SO at Oklahoma City. General
rains in central states; heavy at several
! points. Indications are for slightly warm
| er weather in the northwest, but colder
and more rain in central and eastern
| states. Some storm formation in east
gulf, but cold wave is likely to keep it out
| Waco, Texas, wires: Cotton fields ir
| central Texas spotted in many sections
particularly in Ellis, Hid and Mcclellan
counties. Extremely light top crop is
present prospect for that section. Farm
ers selling fast as crop is ginned. Com
! presses in north and central Texas con.
gested; look for heavier receipts at Gal
| weston.
A light frost prevailed at Amarillo
Texas, last night. The temperature STOOD
at IS; no other frost reported in Texas
Dallas, Texas, temperature was 46
Party in Hobart, Okla, wires: "Heav!
frost in bottoms; light frost uplands
some ice over western oklahoma"
The New Orleans Times-Democrat says
| Both factions continue drawing cold com
| fort only from the cotton market. At thu
moment the weather is working agains
| the big crop people, while all along thu:
| far this season restricted demand from
| spinners has been working against The
high price folk, In the broader aspect the
general situation does not seem to bt
undergoing any potential change, unless
! frosts are to curtail the yield, but in The
! immediate aspect the ramifcations of q
rather complicated environment are con-
| stantly shifting.
| Yesterdays promise of frost in portions
| of Oklahoma, Arkansas. and Texas, 1t is
nearer the date of killing frost, particu-
| larry SO since the cold snap waves are
! coming with striking frequency. 1t would
| be folly to assume that an early killing
frost would not curtail the yield In Okla
| homa, Arkansas and Texas. at least t
| in Oklahoma express concern in this con.
nection. On the other hand, port stocks
are piling up with startling rapidity anC
now exceed those at this time last year
| by some $1,000 bales in spite of smaller
receipts to date by some $1,000 bales
Following are 10 a. m. bids: October
LAP; December, 11.5S; January, 1104
| March HIP.
! Estimated receipts Friday:
1912. 1911