Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-04-04
COTTON GOSSIP

NEW YORK, April 3.-N. L. Carpen-
ter a CO.: The opening was quiet with
trading light. There was some selling
oy NaH street spectators and Wall
street operators.
on the decline there seemed TO be a
good demand coming from brokers who
usually represent spot interests Many
conservative operators sold the new crop
as weather conditions were favorable
There is no special news on spots
The weakness in May during the fore
noon was caused by heavy selling BY
GWathmey. Spencer and Waters offered
May Z points over July
May option was in active demand
The ring was inclined to sell the new
months
Pei brokers have been very heavy
buyers during the past few days and are
said to represent Memphis shorts.
May continues to increase its premium
over July. Last week May was selling
Z points over July, but to-day IL in
creased Its premium TO u points and
promises 10 add 10 the difference
There has been considerable gossip
IN regard TO the future Of May. The
impression IS strong, and has gained
considerable credence that it will follow
the routine Of January and March
The short interest in MAY is said 90 be
extremely large and those who are short
on the option are getting out as rapidly
as possible They do not care 10 be
caught mapping in a squeeze" like
March
Following are n a. M. bids. NAV 12. %.
July 1918, October 1i.56. January 1856.
NEW ORLEANS. April Hayward
q Clark. The weather map is favor
able and shows part cloudy 10 fair over
the entire belt There was no rain eX-
cept one hundredth Of an inch at Fort
Worth and Palestine and % AT Fort
smith, Ark Indications are for clear
ing TO cool i'm Western states. unsettled
and showers in Arkansas ami Tennes-
see, possibly IN north Mississippi and
Beeiit, ''ou'S 10 '''' O's' '"s rest Oh '"'
Southeast storm warning: The Louis
lana and Texas coast disturbance over
Kansas viii move eastward and cause
brisk sOutherly winds on the louisiana
coast and brisk 20 high southerly tu
westerly winds on the Texas coast 90.
day and tonight
spots neglected reported only one
broker buying a little staple for Liver
The New orleans TImes-Uemocra,
SAYS The cotton market is more uI
AN enigma than ever. Most merchants
complain Of uo demand. and tine com
plant is SO general that ir has become
undressing. NeyertheIesS- spot sales
I'M some volume were made HN the
southern markets yesterday and -pe'u-
latOrs In al the markets avoided snort
sales Of AIaE contracts rn spite of the
bearisb claim that the top has been
reached The old crop ifs 10y no means
"a corpse ana may play fEtS.l Ifdhn r llli
the short seller al discounts before July
shall have passed into history.
Favorable weather during the past
few days has resulted in great activity
on the farms. consequently. the charaC-
ter ~ reports coming from the interior
shows great Improvement However. /
the early producing section az SOUTH
west Texas. as a result Of the cold
weather of two weeks q go. now is de- /
clareG 90 be a fun thirty DAYS late,
fact which can not fail 90 be- reflected /
ia the Juiy-August movement.
Delays ~ Importance have also oc- |
CURED ju other SECTIONS of the belt ana ]
the talent no longer counts on a full 4
early movement However. the hiC crop /
man is not worried by such develop I
ucuys because he knows tue South has /.
learned much i1 recent years enough. .
u fact $50 ru U-tCI and ferrll.Ze and +.
cultivate tire cotton crop a- greatly tot
...r..- .H. danger uf short WELD
t-H'tau5l- ara go d. h.lS Mas. .
r. -G- gulN. 1889. october. ff5'- Hauu- /
srr f"t
.--fHra s, rere.n.- ter E.aa..
Ntu orleans. ..-... T.. """ Zoo -gvy o.t- F