Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-12
COTTON GOSSIP

NEW YORK, Juno 1a.-Aftsr the
market opened barely steady with q
sharp decline, Liverpool became a big
rapid advance. The buying became gen
eral, while the selling was light and
scattered,
July and October featured the market
while liverpool centered their atten.
ton on the new crop.
Sohill was best buyer on the cali
Cone and Hentz bought after the call,
Gwathmey & Rlordan also bought, Al
times offerings were practically nil.
Howard and Wilson were large buyers
Of october,
The South was good seller of cotton
There were wires in circulation yes
terday to the effect that there was
some cotton from the new crop being
offered from Texas for July delivery
from the Carolinas state that the cold
weather In some sections IS doing some
harm,
The short interest in July August
has been reduced to such an extent that
we need not expect any fiuTrtes, as hap
pened during the past few days" says
J. NJ Anderson.
Liverpool cabled that Manchester was
getting bare of cotton and would soon
have to buy more freely, but a letter
from Liverpool yesterday stated that a
lockout was probable all over Lancashire
around July !. unless a labor dispute
fore that date.
It is said that spot people and Liver
pool are long a big line OF October,
ket, probably based on the local stock
remaining small through September
Dallas wires: Panhandle heavy rains.
rest of State generally clear. Okla
horna generally clear"
NEW ORLEANS, June l2e-Haywari
8 Clark: The weather map shows
fair over the entire cotton belt except
in south and west Texas and the Caro-
nnas, where cloudy; warmer in the the
Central States, good general showers
over south and west Texas and the Car
olinas. No rain elsewhere. Low mini
mum temperatures in the Eastern
Indications are for fair and much
warmer weather all over the belt, ex-
cepJ possibly more rain in south and
west Texas
The New Orleans Times Democrat
says: Low price people derived more
satisfaction out of the fact that the
cotton market did not advance than out
of the fact that II did decline A big
failure was reported by London, and
another by Glasgow The weather bu-
reau promised clearing weather after
some further rains in south Texas. The
stock market was lower. but sustained
heavy sales OF the actual a Liverpool,
the existence Of excellent trade as shown
by the British Board OF Trade re-
turns, the presence Of abnormally cool
weather over the belt and an average
deficiency OF 20 inches below normal
in the Texas rainfall record from Nav,
robbed the days decline OF bearish glory,
and at the close the talent as q
whole seemed TO be fighting shy OF
the short side, because Of the sewed-
up condition OF July, they said.
Looking backward. many people now
recall the many DAYS Of cool weather
throughout the cotton belt this spring
and crop experts are frank in their
States need warmer weather. Yester,
days temperature reports showed the
maximum temperature this year about
on a parity with the minimum temper
allure for the same time in the record
crop season OF 1911-12 Then, there Is
the often-repeated claim that the quail
ity Of the seed, taking the belt as a
whole is below normal. The talent, In
the main. knows nothing about the
quality Of the seed IN advance OF the
yield produced therefrom, consequent
" attaches little Importance 10 such
claims