Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-19
COTTON GOSSIP

Browne. Drakeford & Co. Liverpool,
cable; Market advanced in consequence
Of unfavorable weather reports, good
spot demand"
Memphis wires: Sales OF $4,000 bales
of spot cotton at Liverpool seemed to
denote some eagerness for supplies by
spinners. Our opening advance has not
been well sustained because Of general
taking and forecast for clear
ing in western belt. Sentiment is bull
ish and trade generally believes that
fresh damage by rains has added
strongly TO an otherwise well founded
market. Spot demand is not generally
bearish and 1t remains to be seen what
view will be taken Of damage by rratn
when sun begins TO shine again NJ
ler-Cotter.
NEW ORLEANS, Sept. 1s.-Hayward
& Clark: The weather map favorable,
shows generally fair in Texas and Ok
lahoma. No rain Of any consequence.
except in the southern coast sections.
Cloudy to general rains over the CEN
trail and eastern States, particularly
good in east Tennessee. north Alabama
Georgia and parts of Carolina, where
Government says rain Is needed. Rain
Ibll IN the central CldltH IL HluCn uBHN-
err Indication are for fair in the
western States and clearing over the
central belt; further rains over the east
ern States.
Corpus Christi 1.52, Galveston "a,
| Shreveport oil, Little Rock As, Memphis
| .06, Vicksburg .04. New Orleans rain
| ing. 10; Mobile OF. Meridian 6S. Nash
| Atlanta As, Augusta .O6. Jacksonville
| .16, Wilmington .5S, Del Rio .12, Hous-
| ton AZ, Jackson 80, Birmingham LAG.
Macon 10. Admission 80.
Temperatures: Oklahoma generally
clear in state, IS TO 81; no rain Texas:
Waxahatchie, clear, SO; Brentwood,
part cloudy. So; Lampassas, clear, so;
Arthur City. clear, Ca Houston, foggy,
| 70; Dallas. clear, so; Galveston, cloudy,
10; Texarkana. part cloudy; Paris, part
cloudy, 20; Bonham. Whitesboro, clear,
| 20; GAINESVILLE, part cloudy 81; Corsi-
cana and Ennis, clear, 81; Mount Pleas
ant. cloudy. 70; Tyler, clear, 10; Amer-
Greenville. clear, 60; Longview. clear,
&c; Mexia, clear, So; Temple, part
cloudy, So; Quanah. cloudy; Beaumont,
foggy, 72 San Antonio, cloudy, SO;
| Sherman, clear. 65; Denison, clear, 60;
Jacksonville, clear. 70; Palestine, clear,
cool; Taylor, clear. 81 Brenham, foggy;
/
The New Orleans Times Democrat
says Cotton market talent now has
more exalted idea OF the price levels
| than ever, but whether the rings have
| hitched their wagon to q star or a
cloud remains to be seen Liverpool
| set the upward pace yesterday Some
| body cabled the foreigner very pessim-
istically regarding the Texas and Ar
kansas crop promise. Then. returning
confidence in the ultimate sanity of the
| United States Congress led some people
| to believe that many spinners who have
/ delayed making forward purchases VIII
/ buy In volume in the event the confer
ence committee delivers a scientific cot
| ton market law.
ION this side higher prices were pop
! uar. first. because the talen expects
/ good legislation and a bullish demon
stration; second, because some sensa-
| tionally bullish crop advices came from
| Texas. Oklahoma, Arkansas. Louisiana
and Mississippi. Hence the advance at
| Liverpool Of $3.50 bale and in Ameri-
ca Of nearly as much.
Labor troubles affecting shipping at
| Galveston and in England exerted no
| influence, nor did talk OF declining tex
| tile activity in Europe; nor did the ad-
| mitted fact that New Orleans merch-
chants were buying actual cotton in the
| interior on a tender and selling Sep
TENDER contracts against such pur-
| chase