Atlanta Georgian., 1913-02-25
NEWS AND GOSSIP
OF THE FLEECY STAPLE

NEW YORK. Feb. 25-N. l.. Carpenter
y Col. Nj. Anderson says: Liverpool
was reported a buyer in this market and
some short covering by uptown specua-
| tors. There was a disposition on the part
! or the ring operators to sell ON the rally
and Wall Street also reported a seller
Commission houses sold. Ring sentiment
| continues extremely bearish and a good
many believe that it is too much sold at
the moment and has brought about a
| short interest, which would make the
market technically bulliSh. There is so
little outside business, however, that fiuc-
! JuatonS are very narrow and viii prob
ably remain so until further developments.
Warehouse stocks in New York today.
llS,335: Certi6catcd. g41S7.
Parrott and Gwathmey were good buy
orS of March and October.
spot interests have been the chief buy
erS today.
Friday, February %. will be first notice
day for March deliveries. II is said that
McFadden and Weld are correctly credit
ed with holding nearly all of the contract
stock here.
The Waldorf crowd ana Liverpool was
said to have been good buyers here today.
| The ring crowd We're generally sellers
Mitchell ana Gwathmey were among the
( leading sellers. Wilson, HartcoTn, Nordeu
ana titzEibbon, among buyers. Hentz.
Boyce, Ruthschild Rordau. Parrot.
Shearson and Schley sellers also
The market seems To receive but little
support from the large interests and it
looks as if liquidation would carry prices
little lower.
Dispatches received at Washington
shows satisfactory Improvement of MeXi-
can situation.
President elect Wilson says he is pay
ing more attention to proposed tariff and
current legislation than to cabinet max
ing
los; May, 1l.90; July, 11.S5: October,
Has.
NEW ORLEANS, Feb. 25.-Hayward x
| Clark: The weather map shows fair in
@ al oil,
precipltation indications are for unset
| tied, rainy weather coming on central and
western states. Fair weather viii con
tinue for another day in the Atlantics.
rcntes sd lower
Liverpool cables american mtddling
fair 7$6d; good middling, 702d; middling,
GSSd; low middling, 6.62d: good ordinary,
6,2Sd; ordinary, 5.94d
Spots quiet but firm; some say little
more inquiry.
The New Orleans Times Democrat
says; Mondays cotton market was a
very tame affair. Heavy exports to
Japan, the burning of some thousands OF
bales At Columbus, Ga. necessitating re
placement and the fear entertained by
exporters that in the end they may have
to pay spot owners prices for needed sup
pies, assisted the market in holding it's
own. on the other hand a sudden change
Tor the worse IS the anti-futuTe trading
legislation outlook at Washington and a
darker outlook in Mexico acted as an ir-
iIidHl ana disturbed the trade generally.
The stock market was lower and unset
tied, but the consumption Of cotton goods
continued on the big scale
The talent did not know just what to
expect from congress in the way of hos
tile legislation. The Burleson bill, which
is sweeping in its prohibitions and ignores
the science of modern trade, has passed
the house and has been pending before
I the senate judiciary committee. The
Smith anti-future trading bill which is
equally sweeping in Its unsCientifc prohi-
bitions, has been favOrably reported to
the senate, but has not passed either
house.
Yesterdays advices said that the bill!
had passed the house and has been pend
ing in a senate committee, which had
taken no action, would be brought before
the senate through the discharge Of the
committee from further responsibility.
From this the trade inferred that the bill
in question in the BuTleSon bill, and it
was also inferred that the promoters OF
the measure believe chance to pass ii
exists, otherwise they would not be so
anxious To bring 1t up at the end of the
session. As the elections have all been
held and the congressman and senators
have no reason now to play to the CALLER
| les, remark recently made by a Florida
senator becomes significant at this time.
He said: while | do not favor restrict
i've legislation of this character, the peO-
pie want it and / shall vote for it,"
Following are 10 a. m. bids: March,
12.07 May, 1211; July, 1212; October,
11.47.
Estimated receipts
New Orleans. ........ 5000 to $500 11,SI7
Galveston .......... 1900 to $500 l0,2O3