Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-12
COTTON GOSSIP

NEW YORK, June 12,-After the
market opened barely steady with a
sharp decline. Liverpool became big
buyer in our market, resulting in a
rapid advance. The buying became gen
erRl, while the selling was light and
scattered.
July and October featured the market.
Spot people were heavy buyers Of July,
while Liverpool centered their atten-
ton on the new crop
schill was best buyer on the call
Cone and Hentz bought after the call
Gwathmey & Riordan also bought. Al
times offerings were practically nil
Howard and Wilson were large buyers
OF October.
The South was good seller of cotton
here yesterday.
There were wires in circulation yes
terday TO the effect that there was
some cotton from the new crop being
offered from Texas for July delivery,
which had a depressing effect Advices
from, the, Carolinas STATE that the cold
weather In some sections IS doing some
harm.
THE short interest in July August
has been reduced to such an extent that
pened during the past few days" says
J. d. Anderson
Liverpool cabled that Manchester was
getting bare of cotton and would soon
have to buy more freely, but letter
from Liverpool yesterday stated that a
lockout was probable all over Lancashire
around July !, unless a labor dispute
in place called Nelson was settled be-
fore that date.
1t is said that spot people and Liver
pool are long d big line OF October,
against sales of January in this mar
ket. probably based on the local stock
remaining small through September.
Dallas wires: Panhandle heavy rains,
rest of State generally clear. okla
hOma generally clear"
NEW ORLEANS, June 12-Hayward
& Clark The weather map shows
fair over the entire cotton belt except
in south and west Texas and the Caro-
linas, where cloudy. warmer in the the
Central States good, general showers
over south and west Texas and the Car
olinas. No rain elsewhere. Low mini
mum temperatures in the Eastern
states are those Of yesterday morning
Indications are for fair and much
warmer weather all over the belt, ex-
cept possibly more rain in south and
west Texas
The New orleans Times-Democrat
says. Low price people derived more
satisfaction out Of the fact that the
cotton market did not advance than out
of the fact that Il did decline a big
failure was reported by London, and
another by Glasgow. The weather bu-
reau promised clearing weather after
some further rains in south Texas. The
stock market was lower, but sustained
heavy sales Of the actual at LivprpOOl.
the existence of excellent trade as shown
by the British Board Of Trade re-
turns. the presence OF abnormally cool
weather over the belt and an average
deficiency Of l.20 inches below normal
in the Texas rainfall record from MAY,
robbed the day S decline of beaTish glory,
and at the close the talent as a
whole seemed 10 be lighting shy OF
the short side, because Of the sewed o.
up condition OF July. they said
Looking backward. many people now
recall the many days Of cool weather
throughout the cotton belt this spring
and crop experts are frank in their
assertions that the cotton growing
States need warmer weather. Yester
days temperature reports showed the
maximum temperature this year about
ature for the same time in the record
crop season Of lgl1-12. Then. there Is
the Ofteu-repeated claim that the quail
ity Of the seed, taking the belt Is a
whole, is below normal The talent, I'm
the main, knows nothing about the
quality Of the seed in advance OF the
Yield produced theTefrom, consequent
~ attaches little Importance 10 such
claims