Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1912-07-23
COMMERCIAL APPEAI's CROP REPoT


MEMPHIS. July 22.-The Commercial Appeal
says: During the past week the cotton crop
ssRhsatsd iSs Psrforms5ee Of the Previous week
ground east Of the river Western progress
vas at least balanced by eastern deterioration
and prnhably outwelghed
IN some parts OF the section east Of the
liver there was progress due 70 the scattered
aature Of the rains. In large portions Of states.
mearest The Mis- issippi river, the precipitation
has not been excessive, and In these districts
the crop made good advance. But the deterio-
ration In the portions WHERE rainfall was TOO
heavy added 70 the almost s1id deterioration
farther east and overhalanced the gains. The
plant IN this section Is generally gone too much
n weed: Is sappy and tender. and poorly pre-
targe the plant Is fruitinE very poorly. Cult
Walton has been arrested and fields are fun Of
no1ed on this Account Open weather Is needed.
though correspondents fear any lengthy dry sea
sen ON Account OF the saPPy nature Of the
west Of The river the crop made excellent
progFess- especially in Oklahoma and Texas,
shere the splendid conditions o. the last fort
nlwht we're naintalned. A drouth IL threatened
IN parts - this territory. but far no actual
sabiaee has resulted from the dry weather.
clean. weF cultivated fields.
Complaints of bell weevil are few. With very
rorms and kindred Insects were made from some
sections. Considerable damaEe from this source
hns been reported from the east.
CARPENTER. sAeeoT q co.'s COTTON
LzTTER
NEW YORK. July 22-IlverpooI cables were
mpak on better weather over Sunday aud the
ssswed little Or no rain win an absence OF
rain IN eastern belt and showers In Texas,
whieh soue q the weatser experts predict IN
ali probability would cause further decline. As
seetImeut Is booming more bearish than Il
vas the past weke. there IL. not the aggressive
suFinE b thoss prominent On that side
20 come from eastern belt Of damage By worms
AMI deterioration from too much rain.
thf situation. Il Is entirely weather mar
set and viii - governed hy any changes.
HAYWARD q CLARKs COTTON LETTER
TEw ORLEANS. Ia. July 22.-weather con
~ northwest Texas there was practically no
rafn except in few coast districts. Partly
fntications for part cloudy 70 fair wealth
rr except unsettled and probably showers In
rorthwest Texas and Oklahoma and a few coast
liverpool showed further easiness with
srofs 5 points lower our market declined IN
re demand for contracts was good sll the way
feEn- Feeling Is bulush: confidence In large
prosnects Tor buiiish weekly government
svpather report tomorrow and a bullish August
burea report give bulls thc advantage.
Foreisn politics Is the one dark cloud at
sErsKoRF. LYON co.'s COTTON LETTER
KEW YORK. July 22.-The cotton market has
hszau unite HctlFe and shows a broadening Of
nssbfIr Interest In future trading
me weather continues the dominating influ-
ruer The continuous rains In the Atlantic
sfstes and the Mississippi valley have caused
.ar,e apprehension amonE observers Of crop con
sftgous there. In the western part Of the belt
fha conditions have been quite the contrary.
rain Is beginning 70 he needed IN portions o.
oEfahoma and Texas. AMI while showers have
rafien in many sections q this quarter, nothing
hsf a general snaking rain viii allay fears %
s~eu~ht damage. So far there Is no cause
- - alarmed over the general outlook. but
al calling that the turning point IL At hand
fha weather very closely
T1err s. = DISPOSITION among Specularors 10 70
re-r slowly. both Tor the long and short account,
rhirh has caused the market for contracts % be
lore evenly adjusted as far as commission house
nusfrr<S - cunccrued than for some time Fu-
fr--r~ are row above the prices ruling At this
sfrsc LAST year. which Il matter q some
,,~-~iseration when Il T. brought % mind that
eNar n one In the trade thought the yield ~
go rrop waIild reach the reeord-breaking figures
- "a ssn.OOQ
amer this tine last year. the market ex-
-u~fer~eH hrrak Of nearly fc pound. The
mwefrfuafinn % an over supply from lo.@aAo0n
800 foTfo@inE the short crop % the previous
-, vpsrs when fise combined yield only tofaied
- 500 600 haies rau-ed wave ~ short sell
~ ire IKE Of which has never been sssen BE-
erra We can ret make another large crop
- should we % 80. the discussion o. supply
rnIght b taken up and would likely lead the