Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-09-27
NEWS AND GOSSIP
OF the FIeeCy Staple

NEW YORK, Sept 26.-Carpenter, Bag
got 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
eral points in percentage condition have
been lost during the month. Crop only
about Is per cent picked, against 20 per
cent. against ! Z 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 6l.2 and 49.3 year before. Percent
age picked is roughly 80 per cent. against
46 last year and SO two years ago"
Anticipations prevail that frost will not
be detrimental TO cotton to a great extent
cloudy and cold, Amarillo 49, light frost;
no other frost reported 40 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, 1t
is very early for such cold weather and
is forerunner of what we may expect in
a very short while.
Reports of deterioration continue to
come in and there is no question that the
crop is much smaller than many believe
face of this demand and the very unfa-
Vorable weather conditions we may eX
poet higher market.
Following are II a. m. bids: October
lis; December 1l.50; January 1l49;
March II 63.
NEW ORLEANS, Sept. 26--Hayward s.
north Texas and Oklahoma; cloudy else
where. Unusually low temperature in
north Texas and Oklahoma; "A at Fort
Worth, 36 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 mere rain in central and eastern
gulf, but cold wave is likely to keep it out,
Waco, Texas, wires: Cotton fields in
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 Cal
weston.
A light frost prevailed at Amarillo,
Texas last night. The tempera ture stood
at 3S; no other frost reported in Texas.
Dallas, Texas. temperature was IS.
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
momeut the weather is working against
the big crop people, while all along thus
far this season restricted demand from
spnneTs 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 ramiflca tons Of a
rather complicated environment are con-
stantly shifting.
Yesterdays promise of frost in portions
of oklahoma Arkansas and Texas, il is
reasonable 10 suppose, brings the crop
nearer the date Of killing frost, particu-
larly SO since the cold snap waves are
coming with striking frequency. II would
he folly to assume that an early killing
frost would not CUrtail the yield in Okla
bona, Arkansas and Texas, at 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 rapidly and
now exceed those at this time last year
by some 99,500 bales in spite of smaller
receipts to date by some 67,G00 bales.
Following are 10 a. m. bids October,
March, 11.72,
Estimated receipts FRIDAY, ,
New orleans....... 800 to 200 s,I$$