Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-08-16
NEWS AND GOSSIP
Of the FIeecy Staple

NEW YORK, Aug. 16-Carpenter
s t5agg & Co: Miss Giles reports condi-
tion OF August II at 1871, or deteriora-
ton of 80 per cent when condition was
1910. This compares with SO.4 a month
ago, 81 per cent last year and 1872 in
Liverpool cables: Weld and continent
selling and lack of spot demand caused
decline here"
Dallas wires: Texas and Oklahoma
seneraliy clear and pleasant cloudy al
McFadden, Wenman. Marsh and Guild
bought March, Schill and Gwathmey
sold; Lee: Schill, Mitchell and Rothschild
! pDought December; Stack. Sedenberg.
Guild and Cohen sold
The Journal of Commerce reports a fair
ana average trade among dry goods job
Steadier in consequence of the slight up
WARD turn in raw cotton. Buying of
print cloths smaller. Many cotton yarn
spinners in the South have work enough
ahead for three months
Inc heaNN selling of Riordan. Gwath-
meE, McGhee. Rosenberg and Rothschild
early trading.
Meridian weather IDEAL: moisture suf-
nclent; raVages of boil weevil increase as
crop advances; crop about 20 per cent Of
Birmingham, Ala, wires: Crops in
this section would be magnificent if it
! were middle of July instead of August
shreveport. Texas, wires. Reliable
party IN office from just across Texas
line says that 5000 boil weevil were found
Yesterday in two acres. Such reports are
on the increase"
Hood. Hernie & Co. Liverpool. cable as
follows: Manchester accounts are ia
Vorable, There is no demand for spots:
splnners have bought freely lately. and we
expect they Will now fall back on their
stocks and take less than their consump-
| ton; We have unfavorabe opinion of
market until half crop marketed "
NEW ORLEANS, Aug. 16.-Hayward &
oh -r,la ii 81 lou
cloudy in south Texas and Atlantics: fair
elsewhere, light showers in north central
ana northeastern part Of belt: good rains
In North Carolina, where needed: tenn
perature normal. Indications are for fur
| Their rains in North Carolina. where they
DO much good; part cloudy in Atantics;
| cloudy IN west and south Texas with bet
ter prospects for rain there over Sunday
Generally fair central states and Ala
bama
East Texas wires following: Cater
ton"
The statement giving the movement al
interior towns for the week so far does
not give one place that has more receipts
Tor the week than last year.
Houston receives more cotton today
than last. year. Receipts today. 9,O2&
against $3.50 last year Brennan has
Dallas has new bale, also Palestine
1T was rumored that rain had fallen at
victoria and Markham in south Texas.
-NUN CIlGdilS INES Democrat s sum
mary: The bulls say: The August
movement is falling well below exporters
expectations. rains in the Atlantic states
ana at an early date would make the
demand for early cotton acute. the
character Of the complaints from Texas
justify the belief that the plants lacks
sturdiness, and will make no more cotton
than last year, while the crop in the At
| lantic states must be much below last
years freak yield, which resulted from a
complete combination OF extraordinarily
favorable conditions, Consumption 1912
lSl5 VIII probably equal that of 19ll-19l2.
because trade is good and because a sin
gle large crop has started expensive en-
ternrises among the mills.
The bears say: Because the move
ment is not as early as it might be. An.
gust cotton is holding above a parity
with the later deliveries. fact which has
no bearing on the size of the crop or the
I seasons requirement: there is no active
demand for September or October ship
ments ana exporters are more worried
over lack of business of that character
| than they are over possible lack Of cot.
ton in August; rains in Texas and okla
| homa practically assure a crop in those
! states of between six and seven million
| bales; present indications point more di-
! rectly toward waning trade than towarC
| expanding trade"
Estimated receipts Saturday:
1872. 1911
| New Orleans ......... 400 to 500 10l
! Galveston ...........6,5OO to 800 I2, 325