Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-28
COTTON GOSSIP

NEW YORK, June 2S.-Spot people
ana Liverpool We're credited with stop
ping the July notices yesterday, which
were SAID to be about $1,000 bales.
There is not much looked for in the
market until the Government reports its
cohuluon hSures and the acreage esti-
mate, which is likely to be about per
cent increase, while conditions are gen
orally expected around So to SO per cent.
however. II the scattered long interes
IN July Is eliminated, this option might
De forced higher.
-. When those in control of July be-
Ileve the liquidation TO be over. some
IAlag is going to happen remarked
), Nj. Anderson.
Dallas wires: Texas generally
cloudy; threatening in main Southern
portion. Oklahoma clear"
Whether July is a dead duck it is
not definitely known, but brokers close
20 Leading spot interests intimate that
lhe networks are not yet over
Sentiment is decidedly mixed and the
market is in waiting attitude, pending
Bureau day.
The Journal Of Commerce has the fol-
lowing on the condition of the cotton
crops IN North and South Carolina and
Georgia:
North Carolina-There is no mate
RAJ change In the condition from a
month ago, when the report OF this
Journal made it IS per cent The sea-
son Is about two weeks Ate. due largely
10 cold weather. The plant is generally
man and stands poor, while a number
u localities are affected with lice.
cultivation IS good, except in a few
Secuons, which are grassy. Since the
cold spell the weather has been more
favorable and cotton is showing i'm
1rovement.
South Carolina Owing to the recent
old spell the crop is now two to three
weeks late, but since the warm weather
et IN tne plant is growing nicely and
@hoWlng Improvement The plant is
small and stands generally are poor but
re HeldS are clean and cultivation good.
some localities, however, are in grass,
TN the exception of a few lice, the
crop Is free OF insects. Percentage
SHOWS an increase over last month,
@hcn il was 69.9
"Georgia-Conditicns are very irreg-
mar and spotted in Georgia. on ac-
count OF dry weather early in the sea
son cotton was slow in terminating ard
crop Is now fully two to three
weeks late. The plant is small hut
@tI OnE and healthy. Cultivation is good
nd rainfall ample, but stands are gen
orally poor and irregular. Insects are
not complained of, and the weather gen.
orally Is favorable. Percentage condi-
on shows Improvement over a month
go, when ii was 1913"
Dogwood the principal source of
4huttes for use in cotton mills, is
growing scarcer year by a year. and
various substitutes are being tried, but
WITH no great success
Liverpool Conference: mo resolu-
tons passed, but conference approved
american recommendation C. l. f. and
> per cent actual tare and universal
type which was made King, Neville
and Francis, representing Americans
new type, like presen' Liverpool from
m'ddling. UP, about half grade lower
below middling.
1T is expected that Liverpool and
3thers VIII adopt new type"
The New Orleans Times Democrat
'ays; Theory mars the crop prospect
We and condition handicaps the mar
ket The talent. therefore. is idle
enough to worry about environment.
Bulls admit the crop over large area
is doing splendidly, but taunt their con-
sututional enemies with the query,
How long would it require unfayora bic
weather or the bOll-weevil to put it on
the blink Bears admit that in some
SCtu oilS lne crop is below par, but as
sert with a show Of confidence that a
continuation of good weather, with a
few timely rains will enormously i'm
prove the condition of that portion of
ne crop, which thus FAR has made least
progress.
$50 the talent has come to expect a
Government acreage figure next Thurs
'ay showing an increase over last wear
Of about 3 per cent and Government
condition percentage Of between SO and
rs. Meanwhile. America knows about
what to expect in the way of tariff
changes and may begin to shape her af-
fairs accordingly. England's trade is in
excellent condition, and the rings are
beginning to hear that many foreign
nils are running low on stocks of raw
material; the movement to secure uni
Yersal cotton types seems to be making
satisfactory progress for the first time
in the history of the trade"
Following is the statistical position of
cotton on Friday, June 81, as made IN
by The New York Financial Chronicle;
This Last Last