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

NEW YORK, June 2s.-Spot people
and Liverpool were credited with stop
ping the July notices yesterday, which
were said to be about $4,000 bales.
There is not much looked for in the
market until the Government reports its
condition figures and the acreage esti-
mate. which is likely to be about per
cent increase, while conditions are gen
orally expected around 81 to SO per cent.
However, if the scattered long interest
in July is eliminated, this option might
be forced higher.
when those in control of July be-
ieve the liquidation to be over, some
thing is going TO happen" remarked
J. 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
to leading spot interests intimate that
the fireworks 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
rial change in the condition from
month ago, when the report of this
Journal made 1t IS per cent. The sea-
son is about two weeks late due largely
to cold weather. The plant is generally
small and stands poor, while a number
Of localities are affected with lice.
Cultivation is good except in a few
sections which are grassy, Since the
smell MOI ba
favorable and cotton is showing i'm
provement
South Carolina-Owing to the recent
cold spell the crop is now two to three
weeks late, but since the warm weather
set in the plant is growing nicely and
showing improvement The plant is
small and stands generally are poor. but
re fields are clean and cultivation good.
some localities, however, are in grass,
With the exception of a few lice, the
crop Is free of insects. Percentage
shows an increase over last month,
when II was 699
"Georgia-Conditions are very irreg-
ular and spotted in Georgia on ac-
count of dry weather early in the sea-
son cotton was slow in terminating and
e crop is now fully two to three
strong and healthy. Cultivation Is good
md rainfall ample. but stands are gen
orally poor and irregular Insects are
rot com pialned Of, and the weather gen
ton shows Improvement over a month
igo' when it was 1913"
Dogwood, the principal source Of
inuttles 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: NO resoIu-
tons passed, but conference approved
\ anna dot 8
per cent actual tare and universal
type which was made. King. Neville
and Francis representing Americans
new type, like present Liverpool from
LIl n,lyI. up, about half grade lower
1t is expected that Liverpool and
others VIII adopt new type"
The New Orleans Times Democrat
avs; Theory mars the crop prospect
i've and condition handicaps the mar
ket. The talent, therefore, Is idle
enough to worry about environment.
t3uIls admit the crop over a large area
Is doing 9plendidly, but taunt their con-
sututlonal 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
sections the crop is below par hut as
sert with show Of confidence that a
continuation Of good weather. with a
few timely rains. viii enormously i'm
prove the condition of that portion of
he crop, which thus far has made least
progress.
SO the talent has come to expect a
Government acreage figure next Thurs
hy showing an increase over last year
Of about 3 per cent and q Government
condition percentage of between So and
Be-. Meanwhile, America knows about
%hat to expect in the way Of tariff
shanges and may begin to shape her ar
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
Versal 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 up
by The New York Financial Chronicle:
This Last Last
Week Week. Year.