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

NEW YORK, Sept. 26-Carpenter, Bag
got x Co; special report to The jour
nal of Commerce said mississippi sea-
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
army worm, which seriously impaired top
crop prospects. Dry weather and army
worms chief cause of shedding, but little
loss has occurred from this source. Sew
eraI points in percentage condition have
been lost during the month. Crop only
about IL per cent picked, against % per
cent, against II per cent two years ago.
'bouisiana-Worms and boil weevils.
accompanied by hot weather, have caused
considerable deterioration and very much
lessened prospects of top crop. Foliage
badly stripped and bolls are exposed.
Condition considerably below last month,
put probably better than last year when
1t was 6l.2 and 1873 year before. Percent
age picked is roughly 80 per cent. against
40 last year and 80 two years ago"
Anticipations prevail that frost will not
be detrimental to cotton to a great extent.
Dallas wires: "TeXas clear to part
cloudy and cold, Amarillo IS; light frost;
no other frost reported; AZ Paris, 46 Dial
las, AZ Henrietta. Oklahoma clear and
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 a hundred thou
sand bales of cotton thrown on the mar
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. it
IS very early for such cold weather and
is forerunner of what we may expect in
very short while.
Reports of deterioration continue to
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 a higher market.
Following are II a. m bids: October,
Lib; December, 11.5O; January, 1l.4S;
NEW ORLEANS, Sept 26.-Hayward q
Clark. The weather map shows fair in
north Texas and oklahoma cloudy else
where. Unusually low temperature in
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 i'm
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
gested; look for heavier receipts at Gal
weston
\ light frost prevailed at Amarillo
Texas, last night. The temperature stood
at 80; no other frost reported in Texas
Dallas, Texas, temperature was 46,
Party in Hobart Okla, wires: Heavy
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 the
the big crop people, while all along thus
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 be
undergoing any potential change, unless
frosts are to curtail the yield, but in the
immediate aspect the ramificationS of a
rather complicated environment are con
stantly shifting.
Yesterdays promise of frost in portions
of Oklahoma, Arkansas and Texas, it is
reasonable to suppose, brings the crop
nearer the date of killing frost, partiCu-
arly 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 e
hOma, Arkansas and Texas, al least to
some extent. Even now some spot people
in Oklahoma express concern in this con-
nection. On the other hand. port stocks
are piling up with startling rapidity and
by some $4,000 bales in spite of smaller
receipts to date by some 81 500 bales.
Following are 10 a. m. bids: October,
1t42; December, 11.5S; January, nO4;
March, 11.72.
Estimated receipts Friday:
New Orleans. ....... 800 to to- $500 8,l8s
Galveston ..........22 %, 500 to 24,5OO 23,06a