Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-18
COTTON GOSSIP

]. NJ Anderson: Traders who went
home short last night, expecting an cas-
Ter Liverpool because of labor troubles,
were surprised at the quotations sent
over by that market and their covering
sent Decemb Der to 1920 on the opening.
Gables reported good buying in the
English market led b Eccles & Co. on
the unfavorable crop reports from Mis-
sissippt, Louisiana, Arkansas and Texas,
which this market had yesterday. but
ignored on the theory that they had al
ready been discounted.
Leading local bulls appeared 10 be
adding to their lines to-day, and there
was also buying by smaller traders, who
believed the trend points higher. Sell
Ing was scattered and looked to be part
ly proflt-taking and partly hedge selling.
Clearing weather may bring about
some reaction, but judging from crop
reports from central and western belt,
II looks a purchase on any reasonable
downturn"
Miss Giles makes the condition Of the
cotton crop as OF September IL at 81
per cent, as compared with 699 per cent
two weeks ago. against 7S.4 per cent
month ago. and 7o7 per cent for the
same period last year.
All states show declines as follows:
North Carolina, l; South Carolina, 2;
Georgia, 3; Florida, 4; Alabama, 3; Mis-
olGSlppit D. lEOulSldnd. o, ATkdnSdS,
tennessee, II; Oklahoma per cent,
and Texas remains the same as two
weeks ago. when the condition was IS
per cent
Condition by States follows: South
Carolina 78. against 70; Georgia n,
against so; Florida 81, against So; Ala
bama 20, against 70; Mississippi 70.
against rs; Louisiana 6S, against "a;
Texas 65, against 65; Arkansas Sc.
Oklahoma A. against So. Average CT,
against 69.9.
S. Tate says: Liverpool cables
strongly reflect change Of sentiment
abroad. Foreign manufacturers have
not secured their cotton. They may
now be expected to come actively into
the market. l look for considerable
advance before the end Of the month"
Brown. Drakeford & Co. Liverpool.
cable Heavy buying by America and
the continent. Reports OF crop damage
and locall, bears turning to bulls caused
advance"
Bull leaders are, talking IA cents with
In week. but the shadow of Senator
Clarke hangs over the market.
However. some good spot people say
that spinners are not buying because
OF the doubt due to the tax legisla-
ny w nv btiACNt INC dANdAlNC
will hold.
Ocean freight rates to Liverpool are
easier. being quoted at 80 to So cents,
against fiat S5-cent rate last week
NEW ORLEANS, Sept 17.-Hayward
& Clark The weather map favorable,
shows cloudy over the entire belt; gem
eral rains,t only very light in Texas and
Oklahoma, but some good rains in Ala
~ a Vly IN h.a 81 ann ,AY.-
ton, where the Government says rain
is needed; general showers also fell over
the Atlantics.
Rainfall: Roswell, Texas, OF; Amaril-
10, .38; Oklahoma, .16; Taylor, raining,
o.; San Antonio, raining 70; Corpus
Christi raining. SO; Galveston. raining,
a.; Palestine, raining, .02; Shreveport,
oil; Fort Smith, 20; Vicksburg, raining,
"a; New Orleans, ~; Montgomery, 1.96;
Nashville. IA; Chattanooga, "a; Atlanta
and Charleston, OF; Augusta, 10; Savan-
nah, .O2; Jackson, Miss, Del Rio. %;
Houston .0S; jackson, Miss. "A; Bir
mingham. 1872; Admission, .O2.
The New Orleans Times Democrat
says: ION the eve Of determining action
by the conference committee on the
character of the cotton market legsla
ton the United States Congress is to
pass the cotton market stood at atten-
ton hoping for the best, yet prepared
for the worst. and ready, on the one
hand to begin a period of splendid con-
structiVe endeaYor in the behalf of the
cotton industry as a whole, and on the
way to prepare, through the elimination
Of interest, for day to come when the
barter and sale of the South's chief
staple shall revert to primary principles
of trade in vogue before the days Of
scientific protection.
News from Washington was of the en-
couraging sort. The New Orleans tai
men, who, during recent years, have
made the winning fight for the cotton
producer, felt that, should science and
intelligent business methods win the
day, the force generated in the Senate
by prejudice and ignorance should serve
as a warning for the future.
VERY little rain fell in Texas. and
none in Oklahoma in the "a hours ending
Tuesday morning, though the weather
continued unsettled in the west. How
ever, the Agricultural Department
checked the spread of beariEh sentiment
that showed signs of developing by re-
porting in its weekly cotton region
weather bulletin excessive rains in some
sections and not enough in others"
Liverpool cables: spectators buy
ing freely on bad crop news from
Texas"
Texas rainfall: Amarillo, IS; Alice,
20; Austin, O4; Clarendon, %; Column
bus, IA Corpus Christi, SO; Cuero 80,
Galveston, "A; Henrietta, %; Houston,
OS kerrville, 80; Lampassas, 0S; Bul-
ing, IA; Mexia. oil; Palestine, %; Paris,
OF; Quanah. Is; San Antonio, 10;
sherman, 20; Spur, .o4; Taylor, .O2;
Temple, IA
NARROW, Okla, l inch.
St. Matthews. S. c., $50; Columbia,
10.
Columbus, $50; Macon, 100; Waynes-
bOro, $50.
Livingston. Ala. 80; Tuscaloosa,
inches; Montgomery, 1876.
Amiet, La, 20.