Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-19
COTTON GOSSIP

With the exception of buying of July
by Lester the cotton market was TEA
tureless at the outset to-day. Mitchell
sold December
Watkins ginning by States follows:
Alabama 1.1S4,000 Arkansas. S99. 900:
Florida, 5000; Georgia. i.sSS' 900; Louis,
lana 26I 900; Mississippi 755, 900; North
carolina. 50S,000; South aaroifna, 1884,
o0o; Oklahoma, 642, 900; Tennessee, 1885,
Vo9' pe sSa S.16S,oO0; others. $4,000; to-
The revision committee meets this
afternoon at $3.50 o'clock.
1t is said that McFadden interests are
responsible for the last downward move
selling against purchases in Liverpool
LOT j Dig straddle operation.
However, there is too much strike
IsiK, MEXICAN trouble and predictions
OF Dig gnnings and large crop esti-
mates to bull the market.
Liverpool failed utterly to come UP to
expectations, cables being about points
lower than due. The weakness abroad
the so flou and to large offerings from
market. However, the foreign market
continues to flash large spot sales. Yes
terday $4,000 sales were recorded and
ttS,VVv U-uhy. ms evidently indicates
that mills are taking on supply,
Merchants will carry over a big stock
OF sotton bagging and ties according to
selma. Ala, advices. Farmers say this
trict.
According to Savannah advices. Euro
pean bids for cotton are So a bale too
low. There is no demand, and exporters
are trying to resell
Paris, Texas, wires that the quality
or cotton coming to that market is
good. The staple is nearly white, and
Craze strict low to middling There
Is no top crop to speak of.
Dallas wires: Texas cloudy; scat
tered to light showers. Oklahoma
Cloudy and threatening; pleasant"
c; c. Torbert, OF Opelika, Ala, sent
n. L. Carpenter & Co. a bunch of bolls
Killed by the frost. and they were In
spected yesterday with great interest
by cotton brokers and traders Some
or them were rotted and others were
100 immature to use, but most OF them
were cracking and some were partly
open. A mill man who saw them gave
1t as his opinion that the sound bolls
would make very good "bollie" cotton
OF spinnable quality, and expressed the
view that if the killing frost had treated
other young cotton as well, there would
pc lot of IT which could be spun Mr.
Torbert wrote that the bolls were sam
pies OF the young or late planted cot
ton in that district They had been
through five frosts, three of which were
freezes.
NEW ORLEANS, Nov. 19.-Hayward
& Clark: The weather map shows gen
orally cloudy over the western half OF
the belt and Tennessee and North
mississippi. Generally fair over the rest
Oh the oelt' Some rain over East Texas.
The New Orleans Times Democrat
SAYS: Tuesdays American cotton mar
ket exhibited exactly as much weakness
as strength: In other words. the po-
tentiality of each of the opposing fac
tons. for the time being at least, occu-
pea common ground, the influence OF
the one neutralizing the influence of the
other AS matter of fact, most every
pchy is resting on oars, awaiting the
Der IA.
THE bull believes the ginnings will
prove very large for the period. He also
peleVes the total outturn will be small
enough and the seasons actual con
sumption large enough to take good care
OF the market throughout 1884
The bear believes the ginnings will
be large, He also hopes that compari-
SohS DIS Oh november IA Will show an
excess over last year, in contrast with
more bullish comparisons as of No,
vember l, which will seem to make the
large crop estimates plausible, and thar
a period Of bearish influence will fol-
low
Meanwhile, Liverpoors spot sales
have increased to $4,000 bales a day.
But forward sales on this side com
pain that America is too near Liverpool
for the announcement OF fresh business,
and In some quarters the impression
seems to be spreading that the British
market Is rather incluined to permit
America to carry the bulk of the load
until nearly time to make deliveries to
the consumer
Desirable cotton is no easier to buy
than 1t has been all along. Undesirable
cotton Is no easier to sell The specu-
lative interest in contracts is not nearly
so large as it usually is at this time
Nevertheless. the short seller is now
constantly haunted by the suspicion that
strong people pick up a few contracts
on all dips and lock them up for future
USE"
PORT RECEIPTS