Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-22
COTTON GOSSIP

5 Tate says Liverpool "a bIes re-
fect Increasing anxiety on the part If
foreign cotton manufacturers as we ap-
pioaSh the close Of the next condition
report period, and the date for closing
L4t sln reports, the prospect Of those
Two reports become more bulIish, and
those who have 50 long been bearish are
now changing their views and "a cents
y ifeely predicted In the next week or
Ten days. Weld * Company say their
travelling representative estimates crop
IN eNas 3,lo0,O00 bales. This is allow
ing Tor a good deal Of late cotton in the
Middle West and northwest Texas, the
principal buliish factor is the prospect
I've yield from this crop, which prom
l-es to he small. compared with the
WoTld established requirements OF
american cotton. look for an advanc-
ing market with only slight temporary
reactions
Washington wires. "Tt is said that
the conferees have practically come 10
an agreement on the cotton futures bill.
y Is 10 accept the amendment offered in
me House by Congressman Lever and
IN the Senate Of Senator Smith, Of South
carolina, in which raw cotton is divided
INTO nine grades, from which real deliv-
cries must be made Cotton sales not
contaminated IN this way on exchanges
and therefore constituting not real sales
are TO be taxed 30 cents a bale"
Dallas wires: Texas and Oklahoma,
generally clear. very cool "
Browne, Drakeford & Co. Liverpool.
cable: Market advanced in Conse-
quence Of further unfsvorsble weather
reports, little actual Offering. heavy
buying by America and local
NEW ORLEANS. Sept 22.-Hayward
Clark The weather map shows
AR over the entire belt. no frosts in
the western half Of the belt, and tenn
peratures rising all over the State. 50
degrees minimum. but some low temper
atures prevail over tho northeastern
quarter OF the belt, with light frost
a. Admission. North Alabama and the
Tennessee Mountain district Indica-
tions are for partly cloudy to fair and
warmer over the western and central
belt fair and continued cool over the
Auantics, possibly light frost in por.
lions of the Carolinas and Tennessee
Washington forecast for the week.
Generally fair during the week. except
local showers IN Florida Monday and
TUESDAY Lower temperatures VIII eX-
tend 70 the Atlantic coast by Wedues-
day night. light frost probable Monday
morning in extreme north Of Alabama
nd Mississippi in Kentucky and Ten
nessee, and possibly on Tuesday morn
ing in interior Of North Carolina and
northern portion Of South Carolina
The New Orleans Times Democrat in
monthly report on the condition OF
the cotton crop says:
Il Sharp deterioration has been the
rule, and in some sections radical
change has occurred
a The boil weevn has done great
damage I'm Louisiana and Mississippi,
but elsewhere the loss seems TO have
been less than was feared.
3 Many correspondents refer to the
scarcity Of piCtcTS, the IN grafton Of la
Dor having been Considera BILE
g. Farmers seem generally disposed
to sell al current prices. at least enough
to meet all obligations, but there will
probably be a strong holding movement
a little later OF.
80. The recent rains have distinctly
lowered the grade. The effect on the
yield in Texas and Oklahoma is prob
lematical as yet, for much viii depend
on the date Of killing FROST"
Il, r Kearnev, first vice president OF
the Texas and Pacific lines, on his re-
turn TO New Orleans Sunday from a trip
through the cotton district says. !The
shrinkage in the Texas cotton crop IS
fully 20 per cent He based his opin-
ion on the reports Of agents along the
Texas and Pacific lines, which were that
the recent rains throughout Texas
Came too late 10 do the good that was
expected, and the loss will be approNi-
mately 1000. 5000 bales over what had
! been expected at the outset of the cot
ton season The reduction Of the cot
ton tonnage win have marked effect
on the expected car shortage through.
out Texas and Louisiana. and II Is sa id
that the car situation has materially
! improved within the last few weeks in
consequence.