Atlanta Georgian., 1913-02-11
NEWS AND GOSSIP
OF THE FLEECY STAPLE

G. HEW Go YORK, Tl Feb. In. l. Carpenter
SrS -; mere was wave of selling on
ana after the call by commission houses
%nu ;no me tne ring crowd generally The buy
5a1,, as " as scattered and there was no evil
uence or the leading bulls supporting the
market for short time
10, Heddnnehouse stocks in New York today
5SUV, certiticated 92.44S
Inc Waldorf crowd McFadden and Wa
ters were good buyers TODAY. bidding the
market up. Shorts look nervous and the
market looks higher
itai az Was was reported that Riordan was cred
ton today. VI 'o'
The January statement of the British
nf CO.. ooa o5 o rade shows gains in imports
OF 9zl ,5S2 900 and in exports of S25.I IL geo
imports of cotton increased SS75 900 and
e6d ee6HdPorts Oh cotton goods expanded $6,125,-
1t is believed that Waldorf interests
were beariSh
IN the face of all efforts to check the
poll WeeEll, that unwelcome pest continues
oo Sipr9Aa, according to the department of
as ture by experts on insects. The
toPoI says $500 square miles was added
~ ~ ttle ne ar area last year. bringing the total
Nth - 81 oo,;o ;SQO square miles, as compared
WIN WIN ''9oU IN l9ll. Texas led with II 800
,Ipo@Le ~ miles, While all other states in
Ine area shows gains. Alabama came sec
onV with a total of 9,100, Florida third
H,H %th s, z;aoO and Mississippi fourth with
The opening was quiet, with trading
!lsht; The bull leaders are not support-
good sellers
Liverpool cables: Spot cotton good
business done, prices steady; sales esti-
mated 10000; American middling. fair,
'.6od; good midding 7.21d; middling 6 99d /;
low midlding 6.99d; good ordinary 6 46d :
ordinary sod"
&c ofe99ll99wing 20 are II a. m. bids March
NEW ORLEANS, Feb 11-Hayward &
Clark: The weather map shows fair in
florida; florida; cloudy elsewhere; general pre-
Louisiana, Mississippi, southern Arkansas; Arkansas;
and Tennessee. Light elsewhere Indi-
cations are for clearing and much colder
Weiather IN western and central states
rains and colder in Alabama and the At
lanttcs. followed by clearing to much cold
er tomorrow night.
II is reported that James \. Patten
Pleaded guilty in the cotton corner case
Spots quiet, but owing to higher flu
lures l-l6c higher to buy, no pressure and
small demand
1t is reported that Havre freight was
reduced points this morning
The export statement shows 101 900
oales of cotton less for the first few days
of the week than last year.
The New Orleans Times Democrat saws:
a slowly advancing cotton market at
this particular time is playing havoc with
the hopes, the expectations, the calcula-
tionS and the promises of about 80 per
cent of the talent, and, as result, many
half hearted low price men have begun to
see great light. Dyed in the wool
bears, however, still talk of a &c decline
some time int he near future. and refuse
to find in the drift of the market any
fundamental cause of strength. The fact
that big spot people are supposed to own
both the stock and the controlling long
interest at New York in conjunction with
the refusal of the New York revision COM
mittee to reduce the discounts on the low
grades there, is regarded as a significant
pointer by the bull faction, and as a fur
ther evidence of manipulation by consti-
tutional BEARS In the last analysis. the
actual stuff i'm spite of slack export de-
mand, exhibits persistent strength in the
race of strenuous vocal effort to pull the
market down. all of which encoura ges
high price people to believe that declines
of consequence are out of the question ahd
that the market will work higher grad
ually."
Estimated receipts for Tuesday:
1913. 1912.
New Orleans 800 to $500 10, 6S5
Galveston O00 to : mn II 76E