Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-03-03
NEWS AND GOSSIP
OF THE FLEECY STAPLE

NEW YORK, March 3.-N L. Carpen-
ter q Co. j. NJ. Anderson says: There
was continued selling around opening this
morning by some crowd that sold Satur-
day. Their offerings were readily alb
sorbed, which seemed to stop the offer
Ing for while and caused some rally.
The general belief is that there is a To-
cal snort interest existing in this mar
ket, held by Wall Street, the uptown
crowd and the local Spectator and it
start an upturn which might prove profit
able to the bull element"
While trading is light, the ring crowd
inclined to sell market but their offer
lngs are readily taken and the market
looks steady.
The New York Commercial says: The
agent for a large fertilizer company is in
the city, after having made an extended
trip through the entire eastern belt. In
speaking of conditions as he saw them he
SAID: 1 never saw preparations so far
advanced at this time of the year. The
ground has been broken all over the east
ern belt and 80 per cent of that ground
has been furrowed Sales of fertilizer
by the company l represent have never
been as large as they are this season.
The belt looks it, for as far as your eye
can carry as you traverse that region
you see bags of fertilizer in rows along
the burrows ready. to spread. large
territory is ready for the cotton seed. [
think the acreage will be larger this year
than last P"
Moscow cabled that Russian spinners
are commencing TO DuN ASldllC new crops
and this was taken to Indicate the general
bullishness of the Russian trade, which
has been favorable to higher prices.
Theodore Price, who recently returned
from a trip throughout the South, is
telling his friends that he never before
saw preparations better advanced than
they were this season,
\ wire from Washington said: "Chief
Bradford Knapp, of the farm demonStra
ton division of the department of agri-
culture, warns cotton planters throughout
Louisiana, Mississippi, Arkansas and
Texas where the boil weevil has not been
particularly destructive. to plant on the
assumption that the pest will reappear
during the coming season. The mild win
ter he urges, has favored the multiplied
ton of the pest. He advises that plant
ers take special care with their crop and
particularly urges them to put half of
their acreage in short staple quick-ma-
A large short interest is thought to have
been accumulated among spectators and
it will take heavy selling to hold prices
Schill was again a heavy seller today,
also spectators We're free sellers.
Clifford and Mitchell bought March;
Hicks among buyers of other months.
Mitchell, Schley, Schill Munds and Rice
sold
Following are II a. m. bids March
12.29 May 1902 July 11.93, October II SO.
NEW ORLEANS. March 3.-Hayward &
Clark The weather map shows Very
favorable fair in Atantics. Part cloudy
10 fair in central and western states; no
precipitation. Indications are for part
cloudy to fair: no precipitation, except
possibly little in northern Arkansas;
northeast oklahoma: rising temperatures.
Washington forecast for week: Gener-
ally fair weather in Southern states I'M
til Thursday or Friday, when conditions
will become unsettled with probably
rains Temperature will rise after Mon
day and continue moderate thereafter un-
I'll close of week.
Liverpool announces increase in stock
of American OF 1859 bales. Increase in
stock of other kinds 1902.
Spots dull; neglected, but prices un-
changed.
Following are 10 a. m. bids: March
12.22, May 1919. July 1913, October l1.52.
Estimated receipts for Tuesday
New Orleans $500 TO 1000 1896
Galveston . H. 800 to 1880 1874