Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-27
COTTON GOSSIP

NEW YORK, June 26-J. 81. Ander-
son says. Liverpool did not respond TO
our advance Of yesterday and the sell
ing around the opening was rather gen
eraI, but the spot people were evidently
buying July. Liverpool and the Cont
nent We're thought TO have sold SUM
mer months Immediately. The trading
throughout the day has been rather
small. as tomorrow IS notice day and
everybody seems TO be waiting to see
what may be the outcome. Sentiment
Is more bullish and further advance is
anticipated before the Government re-
port next Thursday. Private reports
are not so favorable 10 crop conditions
as they have been for some time past.
'BOol Weevils are reported In Missis-
sippi IN sections where they have not
appeared before"
Liverpool. Hentz and scattered longs
sold July yesterday and Heutz offered
] 1000 bales at % when The market
Was 1921 Some thought this was TO
reassure shorts for the moment so they
would not run away. July had most
20 do with the strength In the new
crop positions, although offerings were
limited In the latter. Geran. the Wal
doTf broker, purchased $1,000 bales Of
the new crop McFadden. Springs,
Hicks Dick and Mitchell were good
buyers.
The Turner's report was considered
buiitsh and Weld makes the condition
SO 3, against 81 last month. Sentiment
Dc turning quite friendly 10 the mar
ket. mainly because Of its stubbornness,
the way IL took 20 900 bales. which Pell
sold, and on the idea that the latter
Will buy the contracts back on the first
favorable opportunity.
Dallas wires, Texas and Oklahoma
are generally clear
NEW ORLEANS, June 60 Hayward
a Clark. The weather map is very
favorable: partly cloudy 20 fair over
the entire belt few light showers at
scattered points. mostly in the Caro-
lnas and south Louisiana. Stationary
temperatures except some warmer In
Memphis districts Indications are for
increasing cloudiness generally, scat
tered showers. particularly In the At
lantics"
The New Orleans Times Democrat
says; IAN along price opponents have
commended that the cornered condition
Of July at New York was the dominant
factor, and none OF them developed any
particular attention TO July at New
Orleans Now the bear party learns
that several men have been quietly buy
ing up July at New Orleans and That
they expect TO receive cotton on the
contracts they hold. The significance
Of this IS apparent when II is remem-
bered that the demand for actual cot
ton IN the South exceeds the offerings,
and that actual cotton owners eAptTi-
euce no difficulty in selling al fun mar
ket values. Meanwhile, the bear has
discovered fresh cause for market con
Germ over European trade conditions
and sees fresh danger in the reopening
Of the Balkan conflict
ION the other hand bool weevil talk
Is attracting increasing attention, the
latest reports being to the effect that
the cotton plantations in Mississippi re-
Gently purchased by an English syndi-
cate are badly infested. Current crop
condition reports do not make quite 50
good a showing as has been expected
by those men who Of late have drawn
their daily inspiration from the favor
ahleness Of the weather map and for
this reason high price people found the
way clear yesterday 20 reassert their
claim that the plant over Il very large
area has not made satisfactory progress,
because Of an adverse start and is now
under size"