Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-28
COTTON GOSSIP

w 4OV OOOO11
NEW YORK, June 2S.-Spot people
ana Liverpool were credited with stop
ping the July notices yesterday, which
we're said to be about $4,000 bales.
There is not much looked for in the
market until the Government reports its
condition figures and the acreage esti-
mate, which is likely to be about 8 per
cent increase, while conditions are gen.
orally expected around 50 to So per cent.
however, If the scattered long interest
IN July is eliminated, this option might
be forced higher.
.. When those in control of July be-
IeVe the liquidation to be over. some
ming Is going to happen" remarked
J. NJ. Anderson.
cloudy; threatening in main Southern
portion. Oklahoma clear"
Whether July is a dead duck 1t is
not definitely known, but brokers close
% leading spot interests intimate that
the fireworks are not yet over.
Sentiment is decidedly mixed and the
market is in a waiting attitude, pending
Bureau day.
The Journal of Commerce has the fol-
owing on the condition of the cotton
crops in North and South Carolina and
-ieOrgia.
North Carolina-There is no mate
rial change in the condition from a
month ago, when the report of this
Journal made it i8 per cent. The sea-
son IS about two weeks late, due largely
to cold weather. The plant is generally
maui and stands poor, while number
u localities are affected with lice,
cultivation Is coed, except in a few
sections, which are grassy. Since the
cold spell the weather has been more
favorable and cotton is showing i'm
proVement
South Carolina-Owing to the recent
old spell the crop is now two to three
weeks late, but since the warm weather
et IN the plant is growing nicely and
showing Improvement The plant is
small and stands generally are poor, but
ne nelds are clean and cultivation good,
@ome localities, however, are in grass,
Nlth the exception of a few lice, the
crop Is free of insects. Percentage
SHOWS an increase over last month,
when IT was 500.
"Georgia-COnditions are very irreg-
Ilar and spotted in Georgia. On ac-
count OF dry weather early in the sea-
+on cotton was slow in terminating and
crop Is now fully two to three
weeks late. The plant is small but
strong and healthy. Cultivation is good
nd rainfall ample but stands are gen
orally poor and irregular. Insects are
Aot complained of, and the weather gen
orally Is favorable. Percentage condi-
ION shows Improvement over month
CO. when it was 1913"
Dogwood, the principal source OF
7huttes for use in cotton mills, is
$roWlng scarcer year by year, and
various substitutes are being tried, but
With no great success
Liverpool Conferences: mo resoIu-
tons passed, but conference approved
american recommendation c. i. (. and
per cent actual tare and universal
type which was made. King, Neville
and Francis, representing Americans
new type. like presen' Liverpool from
mlddling up: about half grade lower
below middling.
1t is expected that Liverpool and
others will adopt new type"
The New Orleans Times Democrat
'ays, Theory mars the crop prospect
i've and a condition handicaps the mar
enough to worry about environment.
Bulls admit the crop over a large area
Is doing Splendidly, but tRunt their con-
sItutional enemies with the query,
How long would it require unfavorabie
weather or the boil weevil to put it on
the blink? Bears admit that in some
sections the crop is below par, but as
Sert with show of confidence that a
continuation Of good weather, with a
few timely rains, viii enormously i'm
prove the condition of that portion of
he crop, which thus FAR has made least
progress.
so the talent has come to EXPECT a
Government acreage figure next Thurs
8ay showing an increase over last year
VI about per cent and Government
.nhulllon percentage of between 81 and
". Meanwhile, America knows about
what 10 expect in the way of tariff
changes and may begin to shape her af-
fairs accordingly. England's trade is in
excellent condition. and the rings are
hcglnnlng to hear that many foreign
Mills are running low on stocks Of raw
material; the movement to secure uni
FeTsal cotton types seems to be making
satisfactory progress for the first time
in the history Of the trade"
Following is the statistical position of
cotton on Friday, June 81, as made up
by The New York Financial Chronicle:
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