Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-30
COTTON GOSSIP

Liverpool was disappointing and
brought out liquidation lines; rather
general selling on and after the call.
Mitchell and Hentz probably the leading
sellers. Weld, Riordan and Cone also
bought The feeling is that we should
have reaction. but the market finds
good support on all soft spots.-J. NJ.
Anderson.
Norden's report as of the condition of
the cotton crop to September 25: North
Carolina, "; South Carolina, 20; Geor-
gia, n: Alabama, 70; Mississippi, So
Louisiana, IS; Texas, 81; Oklahoma. 81;
Arkansas. &c; Tennessee, 20; average,
go, against Il.5 last month and I'll
year ago.
Browne, Drakeford & Co. Liverpool.
cable: Market declined in consequence
Of Manchester selling orders and free
offerings of the actual"
Representative Underwood Monday
reported TO the House an agreement on
all items in the tariff bill. with the eX-
ception of the Clarke amendment The
report was permitted to rest on the
table until to-day, under the rules of
the House. when it will be taken up
and adopted.
A Washington dispatch to The New
York Sun says the amendment to tax
tor Clarke admitted yesterday that
there was no prospect of the adoption
of his amendment The House viii
probably vote to pass the substitute Of
fered by Underwood, but a fight is
ahead on that. The Texas delegation
had a meeting Monday, and will prob
ably support the Clarke amendment to-
DAY in the House. Representatives
Vaughn, of Texas, and Sims. of Ten
nessee. will lead the fight for the Clarke
amendment.
The New York Journal Of Commerce
has the following on the condition of
the cotton crops in Texas and Okla
homa: "TeXas-EXcessive rains have
been the chief cause OF deterioration,
yet preliminary estimates of percent
age condition do not show any loss for
month ago, when it was SOL per cent:
Picking has been somewhat retarded
and cotton is only SS per cent gathered.
as compared with 81 per cent a year ago
at this time. The crop prospects have
been largely destroyed by boil weevils.
In many sections cotton is sprouting in
the bolls and generally grade is lowered
by too much moisture.
"Oklahoma-Cotton is opening fast
and being picked rapidly, about % per
cent being gathered. as against 10 per
caused cotton to sprout in the hollis In
localities, and the prospects for large
top crop are very poor. Grade has also
been injured by rains. The drouth In
centage condition even lower than last
month. when 1t was so 2, and recent
rains came too late TO cause any ma
terial improvement
NEW ORLEANS. Sept. SO.-Hayward
G. Clark: The weather map shows IA
vorab'e for the western half Of the belt,
where fair weather is shown. and hard
~ any rainfall, but unfaVOrable for the
eastern half of the belt. where rainfall
was general and very heavy in Misss-
sippi and Louisiana. Alabama, western
Georgia and eastern Tennessee, nearly
four inches fell in the central part of
Mississippi.
Rainfall: Galveston. IS: Shreveport,
04: Vickshurg raining. 34S. Meridian,
raining. ! "a; Montgomery, raining, l56 Z;
Nashville. 10; Knoxville, raining, so
Chattanooga. raining. 1.04; Atlanta. 80;
Augusta. lis; Charleston. .0i: Sayan-
nah 20; Houston, 90; Jackson, Miss.
raining, $50; Birmingham, %; Macon
l inch; Admission, raining, 1.9s,
Liverpool cables, Labor troubles in
Lancashire look quite likely"
The New orleans Times-Democrat
says Caution. born Of recent devel-
opments in the market. restrained bull
ish enthusiasm yesterday. Liverpool
paid no attention whatever to the break
| In the local market Saturday, cables
over Sunday having assured the trade
on the other side thai there had been
no real cause for alarm regarding the
legislative situation . Washington.
ION this side. however. the recent
episode in the market mas left its i'm
print on the minds of traders, who felt
their way carefully. as minors do after
an explosion Of fire damp. Aside from
this restraining influence the market
did not lack bullish ammunition over
Sunday, heavy rains had fallen in the
central belt, while more moderate pre-
c,pitation was reported in the eastern
| regions.
1.-THE spot demand continued as strong
as ever. The strength of the spot sit
uation, together with the expectation
of a bullish weekly weather report to-
day. induced buying orders sufficient to
| hold the market steady on all recess
sions. Washington news was construed
as entirely favorable, although some
prominent was expressed over the
probability Of no action being taken at
this session of Congress to remedy the
abuses that have grown up in the cot
ton business. without interfering with
legitimate operations"