Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-10
COTTON GOSSIP

Keep your eye pasted on July-Au-
gust" remarked a trader, who is fol-
lowing his own advice
McFadden brokers nave been COCO
buyers Of July August during the last
few days
Now that the drouth in Oklahoma and
Texas Is entirely eliminated what VIII
the bulls rely on 10 maintain the up
ward movement Of the market smaIl
stock Of cotton in the warehouse ano
talk Of heavy shipment out of u "
about the only bulliEh factor IN the
market A. present Sentiment among
the locals continues bearlsh, A. well a.
weather and crop reports
Dallas wires Texas ard oklahoma
generally good rains covering nearly
every inch ~ both States stlil cloudy
and threatening
The journal Of Commerce says: The
gossip is that there is long interest IN
one quarter Of 100 900 bales NJ july Au-
gust
Memphis wires Delta Planting Co,
Bolivar County Miss. reports blooms
four days earlier than the average
date
Rainfall IN Texas Alice. -; Beeville,
20, Brennan, y BTowns,yilie; .4s,
Christi 26 Corsicana, 10 Cuero, ~
Dallas "a. Dublin, o. Eastland. 20
Fort Worth. 40 Galveston, 50: Green
vile. l.34. Henrietta, "a. Huntsville,
view. 0s Ilano. ia; Luling -;
Marble Falls, 81 Nacogdoches, Y;
Palestine, so. Paris, .0l. Price. %
Riverside, 90 San Antonio, .0z, sher-
pie. "a. Valley Junction, So. Waco,
80. WaHahschie. IA "eatherford' 70.
NEW ORLEANS, June 10 HAYWARD
81 Clark The weather map indicate s
partly cloudy 10 fair over the entire
belt. probably light sprinkles, except
more rain in south and west Texas,
where 10 will be beneficial Continued
cool In north central and northeastern
belt Map shows cloudy with rain gen
eral over belt but only light except
Oklahoma Atlantic coast and in south
Texas, where IL was heavier General
rains ia south Texas most beneltCIdl.
Temperatures below normal over the
northern half Of the belt, but crop TOO
far advanced and only result viii be a
IDle handicap TO growth.
Liverpool cables American middling
fair. Z 26d good mlddlinR, S2d mid
ding. o 10d low midding $50. good
ordinary. 6.1Sd, ordinary. 56td
Memphis wires. Scattered light and
occasional heavy rains are reported
heaviest in oklahoma ana along At
lantic coast Light fall in Southern
Texas Low temperatures VIII continue
Tor another - hours over most sections
followed 10y warmer and some what I'M
settled weather Generally Favorable
map with excessive rain in localities,
but not damaging
New orleans Times Democrat says.
Bear talent generally seems fully con
derfully favorable progress and the
Yield promised is getting larger and
larger
Bun talent generally seems con.
WINGED that potential trade factors In
addition 60 the New York July position
The hear quite naturally asks what me
bull viii do when July has ceased To
play e part In market affalrs, ana the
bun retarts with a query as 40 what
the bear viii do when the dream ~ a
sixteen or seventeen llhon- bale crop
shall have been destroyed by subse-
uueut Government reports Europe be -
llevcs In a moderate crop promise. but
the big yield man promptly tells the
rings that Europe IL far removed from
the cotton belt therefore the American
bear r. the best Judge Of the condition
America is being hsrassed by tarin
change fears ny unpleasant remind
| ers thar finances are not IN the hesl
condition and by the CRY Of the low
price men for recognition, but the friend
! Of the staple directs attention 20 the
| fact that some home Industries are
bowling before being struck, that the
world is consuming more cotton ms
season trau was produced m 1879, and
| that foreign trade sentiment - by nc
means pesslmlstc