Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-04-01
COTTON GOSSIP

NEW YORK. April IN. L. Carpen-
ter * Co: The weather map was ia
vorable and there was disposition on
the part Of the ring crowd TO sell the
market on and after tine opening, which
they did. Later. however. there was
aggressive buying by the bun forces
and other brokers who usually repre-
sent spot interests. This brought out a
wave Of short covering from Wall
Street
one operator who has been reported
as having large short line Is said 70
be covered to-day.
While general sentiment is bedriSh,
there IS fear just now to sell the mar
ket short in the face Of the bUllish eN-
pressions coming from some Of the
PelI tried 10 cover some short cotton
during the forenoon and the crowd run
Il Il d Jap on him. Waters bid III for
l@.16 for 10000 May. but quickly raised
il to 1917. There were a good many
large blocks bid for
McFadden brokers supported the mar
ket SchiU. Wilson. Hartcorn and the
ring were general sellers.
Clifford Waters McEnery and Weld
bought MAY on the call
HeutZ. Barrett, McGhee. PaTrott.
Hartcorn and SChil sold May
bought July
After the call Norden. Hentz and Nc
can were the principal buyers Wilson.
were the leading sellers.
Liverpool cables. American mid
ding, fair, i7d. good middling, Il3d.
middliHg. SID low middlng. 6.I3d
good ordinary. 8 3qd. ordinary s U5d %
\ prominent cotton man just back
from the South says that recent heavy
rains have neutralized early prepare
tons for the new crop by packing and
washing the soil. and an early start is
out Of the question
A census report issued saturday
placed the cotton seed yield at 4.i50, OGH
tons ana linters at 605740 bales. com
pared With t.92l,013 tons Of seed the
previous year and 55G.27G bales of lint
eTs. The amount ui liuters broke an
previous records but less cotton was
raised i'm 1912 than in 1911. The in
crease i'm linteTs was evidently caused
by the improved method of delintue
seeds
NEW ORLEANS. April Hayward
q Clark. The weather map shows part
cloudy in western half tu fair in east
ern half of belt. No precipitation any
where.
spots dun. basis easier owing 10 adj
vance in futures. More T. O. b offerings
from interior.
The New Orleans Times Democrats
cotton summary. An improved wealth
er outlook caused the price Of cotton tu
decline a rev points Today. nut the
knowledge that the crop is now late in
place ~ early cost the bear party
number OF adherentS During many
weeks past the low price people. con
fronted day after day 10y relative spot
market strength, placed great reliance
in the season i'm the ground iu an early
start. In increased use OF fertilizer. I'm
fun acreage. and in a splendid new crop
promise Now they are explaining the
delay and apoloEzinE therefor. an of
which is making the short side seem
dangerous.
"On the other hand the floods I'm the
Mississippi promise at least enough
SeepaEe To spoil early planted seed and
for this reason many planters have or
dered their crops not pitched until the
flood shall have passed This means
delay i'm the boll-wcevil section OF
course. there is time enough iu which
to make a large crop, but the pOs-ihil-
itN of a large new crop movement i'm
July and August has been impaired by
cold. wet weather, bE low temperatures
in Southwest Texas and hoy foods iu the
Mississippi country, and bulls now say
that If Liverpool viii only turn buyer
of the actual on this side their cup of
joy win be filled
Estimated receipts for "wednesday
1873 1912
New orleans .......... 3 400 10 3. 500 POI
Galveston .-........ 1000 Go 5000 S,}s'