Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-30
COTTON GOSSIP

Liverpool was disappointing and
brought out liquidation lines; rather
general selling on and after the call.
Mitchell and Hentz probably the leading
sellers. Weld. Riordan and Cone also
bought. The feeling is that We should
have a reaction, but the market finds
good support on all soft spots.-J. NJ.
Anderson.
Nordens report as of the condition Of
Carolina, 70; South Carolina, 70; Geor-
gia, n; Alabama, 20; Mississippi, So;
Louisiana, So; Texas, "a; Oklahoma, 81;
Arkansas. &c; Tennessee, 20; average,
SIS, against us last month and I'll
year ago.
Browne, Drakeford & Co. Liverpool.
cable: Market declined in consequence
of Manchester selling orders and free
offerings of the actual"
Representative Underwood Monday
reported to the House an agreement on
all items in the tariff bill, with the ex-
ception of the Clarke amendment. The
report was permitted to rest on the
table until to-day, under the rules of
the House. when it will be taken up
and adopted
A Washington dispatch to The New
York sun says the amendment TO tax
cotton is believed to be settled Sena-
tor Clarke admitted yesterday that
there was no prospect of the adoption
of his amendment. The House VIII
probably vote to pass the substitute Of
fered by Underwood, but a fight is
ahead on that The Texas delegation
ably support the Clarke amendment to-
DAY in the House. Representatives
Vaughn, of Texas. and Sims, Of Ten
nessee, will lead the fight for the Clarke
amendment
The New York Journal of Commerce
has the following on the condition of
the cotton crops in Texas and Okla
homa: "BeXas-ENcessive rains have
been the chief cause of deterioration,
yet preliminary estimates of percent
age condition do not show any loss for
a month ago, when II was 65.1 per cent.
Picking has been somewhat retarded
and cotton is only Ss per cent gathered.
as compared with 81 per cent year ago
at this time The crop prospects have
been largely destroyed by boil weevils.
In many sections cotton is sprouting in
the bolls and generally grade is lowered
by too much moisture.
"Oklahoma-Cotton is opening fast
and being picked rapidly about q per
cent being gathered. as against 10 per
cent last year. Heavy rains have
caused cotton to sprout in the bolls in
localities, and the prospects for large
top crop are very poor. Grade has also
been injured by rains. The drouth in
August is chiefly responsible for per
centage condition even lower than last
month. when 1t was 60.2, and recent
rains came too late 10 cause any ma
terial improvement
NEW ORLEANS. Sept. SO.-Hayward
& Clark: The weather map shows IA
vorabIe for the western half of the belt,
where fair weather is shown, and hard
ly any rainfall. but unfavorable for the
.. holt ft,ara VltT n "a
was general and very heavy in Missis-
sippi and Louisiana, Alabama, western
Georgia and eastern Tennessee, nearly
four inches fell in the central part OF
Mississippi.
.O4; Vicksburg. raining. S.4S; Meridian.
raining l "a; Montgomery, raining, Loo
Nashville. 10, Knoxville. raining, 80;
Chattanooga, raining. 1.04; Atlanta. 80;
Augusta. 1.1S; Charleston, .04; Savan-
nah 20; Houston. 90; Jackson, Miss,
raining. $50; Birmingham, 20; Macon,
inch; Admission. raining, l.9S'
Liverpool cables Labor troubles in
Lancashire look quite likely"
The New orleans Times-Democrat
says. Caution. born of recent devel-
| opments in the market, restrained bull
| ish enthusiasm yesterday, Liverpool
! paid no attention whatever TO the breab
I
\ over Sunday having assured the trade
on the other side tha- there had beer
no real cause for alarm regarding the
| legislative situation Washington.
"On this side. however, the recent
| episode in the market mas left its i'm
print on the minds OF traders. who fell
| their way carefully as minors do after
| an explosion Of fire damp. Aside from
| this restraining influence the market
| did not lack bullsh ammunition over
| Sunday. heavy rains had fallen in the
| central belt, while more moderate pre-
| ciptation was reported in the eastern
regions.
1.-THE spot demand continued as stronl
| as ever. The strength Of the spot sit
| uation. together with the expectation
/ of a bullsh weekly weather report to-
| day induced buying orders sufficient t.
\ hold the market steady on all reces.
/ sions. Washington news was construed
| as entirely favorable, although some
| disa ppointment was expressed over the
I proba bility Of no action being taken al
| this session of Congress to remedy the
| abuses that have grown no in the cot
| ton business. without interfering Will
| legitimate operations"