Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-07-02
COTTON GOSSIP

NEW YORK. July as. Tate says:
Inc Journal of Commerce crop report
tehds TO confirm advices of ststisticians
IKE Turner and Miss Giles. and the re-
port issued by Clement and Curtis of
Chicago, that this crop has shown little.
II any. Improvement during the month
OF June. II The journal of Commerce is
forecast Of the Government, we may
see higher prices temporarily, as the in
nuence now will be weather conditions
Tor the next two weeks
Good generally soaking rains will tend
10 cause declines while a continuation OF
this dry weather on an already ab-
normally small plant, which is said to be
Two TO four weeks late, will tend to
strengthen bullish ideas Our reports
from Texas and oklahoma are very fn,,,
bul OKlahoma is said to be suffering 70.
want OF rain now, though not seriously.
nave just returned from a part of Ala
bama and Tennessee, where | saw a
great deal OF very small cotton and peo-
pc Whon l questioned from other sec
uohS, winch l did not visit generally
reported the plant as small and back
ward. being two to four weeks late in
growth, but stated there was good tan
root The question now is whether
seasonable weather in July can restore
the plant to its normal size and Yield
ing quality"
NEW YORK, July 2.-The ring was
snort at the opening of the market to-
DAY. The Journal of Commerce report
covering
Riordan was a good buyer of October,
causing the rally. Shearson bought 10,
9OV bales of January around 11.47.
Schill, Geran and O'Conner sold some.
Riordan offered him 5000 bales
The position Of August is regarded
as acute and should our stock remain
small, which is only about q, 900 bales,
1t might go to any price.
Around the close yesterday Mitchell,
Mohr, Wilson, Cone, Geer, Orvis, Nc
Ghee, RAFT, Riordan and Starr were the
leading buyers. Chairman, Wiggin,
Flinn, Sehtll, Watham, Black, Mont
gomeTy; Parrott and Rice were the
Dallas wires: Texas. generally part
cloudy to cloudy. Few local showers /;
Oklahoma. part cloudy to clear"
NEW ORLEANS, July Hayward &
Clark: The weather map, very favor
able, shows generally fair in the At
ls IAN S;., no rain part cloudy in Texas
and Oklahoma. Few scattered Show
ers with good rains in Northeast Texas.
Cloudy in Central belt, with fine rains
In Louisiana and Mississippi and parts
Of Alabama. Little rain so far in Arkan-
sas, but rain formation hIov.ng on that
state to-day causing general rains. In
dicatlons are for clearing in the West
ern States; rain in the Central tSates;
part cloudy to fair in the Atlantfcs.
The Democratic Senatorial caucus to-
day adopted the Clark amendment 10
the tariff bill, imposing a tax Of one
tenth Of 1 cent a pound on contracts
for the future delivery Of cotton in all
cases in which the delivery is not made
Only Senators Thornton and Ransdell
Of '.ouisiana voted against it.
Party in Central Texas says: Crop
prospects are the best in history. In
Central Texas and West Texas where
last year all was dried up; the plant is
large and thrifty and fine reserve
moisture in the ground Cotton is
growing well, about three feet high.
got some on our farm nearly four feet
high, showing II to 10 near fully devel-
oped bolls already. On sandy land con-
ditions are still better, as they show a
large fully developed plant, strong and
healthy"