Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-09-13
NEWS AND GOSSIP
Of the FIeeCy Staple

NEW YORK, Sept, 13.-Carpenter,
News and Courier says: 1t is currently
stated that the almost continuous rain
IAN Tor the past week has wodked serious
damage 10 the cotton crop in this section
oi the state. Principal injury in the beat
ing out of the staple, which is rapidly
opening in the bolls and the lowering of
the quality by the dirt scattering it.
II was reported yesterday that much
OF the staple had been beaten out upon
south Carolina would be heavy losers on
account of the unprecedented rainfall"
Dallas, Texas, wires Texas pan
handle cloudy, balance clear; not so
warm. Oklahoma, southern portion, clear.
balance cloudy and threatening: good
rains at Bristow, Usage, Geary; light
rams at Gushing, Hennessey, Sayre, Gin
ton, cooler"
Cordill wires from San Antonio: "Dal-
las, Waxahachie to Hilsboro. good"
The market opened rather quiet today,
Mitchell the best buyers After the call
Hartcorn. Parrot, Shantz and Cone were
free sellers.
Frederickson says map indicates a rep
etition of 1906. when we had violent
| storms and market advanced some 200
points in two weeks
Buying continued good throughout the
Day Selling was scattered; profit-taking
| by New York bulls checked further adj
vance.
Liverpool cables: american forwarded
.'.V ilie NNNh' tObdis ousobo1 nc
crease, $1,000"
The market was sold off today on ru-
| mors of bearish reports from HaberSham
King, which could not be confirmed The
market was very steady during the day
Following are II a. m. bids: october
it4s; December, 1l,67; January, 1852;
| March, 1175.
NEW ORLEANS. Sept. 13.-Hayward &
clark: The weather map shows very ia
Yorable conditions; partly cloudy to fair
IN Atlantics; no rain, which is very fla
{ oar al afNNNr
orally fair in central states: cloudy in
northwest Texas and Oklahoma, with
good rains; temperatures lower all round,
as much as 10 degrees in central belt
Indications are for general rains and
cooler in Texas, Oklahoma and Arkansas :
scattered showers in central belt; fair in
Atlantics.
Advisory disturbance central southwest
of Pensacola viii probably move north.
northwest and pass inland tonight or Sat
urday, attended by strong shifting winds
IN northwest Florida, Alabama, Missis-
sippi coast and Louisiana coast.
!, The New Orleans Times Democrat says:
Another storm warning for the gulf coast,
following a higher market in Liverpool.
encouraged American operators to buy
contracts, and later in the day higher
spot quotations at Savannah, Augusta,
them feel safer The weather over the
belt as whole seems almost Ideal Rains
have fallen day after day in the eastern
states and no trace of the recent dry spell
I
were officially reported in portions of the
west. and after the close of the official
record private advces brought reports of
further good rains in Texas and in Okla
homa Nevertheless unfaVorable crop re-
| ports continued to come both from Texas
and from the Atlantic states. and the
! talents uncertainty as to the extent of
the deterioration during August made the
market very sensitive
| In Alabama and Georgia where the
new crop movement is very much later
| than last year, sellers of early supplies
| are probably encountering some difficulty
| in estimating the action they need This
would account for the apparent strength
| of the Savannah and Augusta spot mar
kets, though such strength. If really
! predtcated on this cause, is no guide to
| the future and particularly so in view OF
| the fact that some export cotton is being
! offered by Alabama and Georgia on a very
/ low basis
Following are 10 a. m. bids: October
| so: December, 1.70; January. 11.76
! March, 1883
Estimated receipts Saturday:
1912. 1911
New Orleans...... $50 to 500 2.O9
Galveston .......... 500 to 1880 1896