Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-02-25
NEWS AND GOSSIP
OF THE FLEECY STAPLE

NEW YORK, Feb 25-N. /. Carpenter
X Col. NJ. Anderson says: Liverpool
was reported buyer in this market and
some short covering by uptown SpeCula
tors; There was disposition on the part
OF the ring operators to sell on the rally
and Wall Street also reported a seller
Commission houses sold Ring sentiment
continues extremely bearish and a good
many believe that ii is too much sold at
the moment and has brought about a
short interest which would make the
market technically hullSh. There is so
little outside business however, that fiuc-
tuanonS are very narrow and will prob
ably remain so until further developments.
Warehouse stocks il New York today.
us. 3S5; 9erthcated. 9i1SG
Parrot and Gwathmey We're good buy
erS Of March and October.
Spot interests have been the chief buy
ers today.
Friday. February &C. will be first notice
day for March deliveries 1t is said that
McFadden and Weld are correctly credit
ed with holding nearly all of the contract
stock here
Tlte Waldorf crowd and Liverpool was
SAID TO have been good buyers here today.
The ring crowd We're generally sellers
Mitchell and GWathmey We're among the
leading sellers Wilson. Hartcorn, Norden
ANA FltzSIbbon among buyers. Hentz,
Boyce, Rothschild, Riordan, PARROT,
ShearSOn and SChley sellers also
The market seems to receive but little
support from the large interests and it
LOOKS as II liquidation would carry prices
Dispatches received at Washington
shows satisfactory Improvement of MeNi-
can situation
President elect Wilson says he is nay
ing more attention to proposed tariff and
current legislation than to cabinet max
ing.
Following are IL a. m. bids: March.
l2.05; May, 1190; July, 1855; October,
1l.45
NEW ORLEANS, Feb. 25-Hayward &
Clark: The weather map shows fair in
eastern half, cloudy in western half: no
precipitation; indications are for unset
tied, rainy weather coming on central and
western states. Fair weather will con
unue for another day in the Atlantics.
English consols unchanged: French
rentes sd lower
Liverpool cables: American middling
fair, I.36d; good middling 7.02d: middline,
S'S S9,i low mlddling; 6;62d; good ordinary,
o.zsui ordinary, o.9id.'
Spots quiet but firm some say little
more inquiry.
The New orleans Times Democrat
says; Mondays cotton market was 81
very tame affair Heavy exports to
Japan, the burning OF some thousands of
bales at Columbus, Ga. neccssitating re
placement, and the fear entertained 10y
exporters that in the end they may have
TO pay spot owners prices for needed sup
plies, assisted the market i'm holding its
own. ON the other hand, a sudden change
for the worse is the auti-future trading
darker outlook in Mexico, acted as an ir-
rltant and disturbed the trade generally.
me stock market was lower and unset
ued. but the consumption of cotton goods
continued on the big scale
The talent did not know Just what to
expect from congress in the way of hos
tile legislation. The BurleSOn bill which
is sweeping in its prohibitions and ignores
the science of modern trade, has passed
the house and has been pending before
the senate judiciary committee The
Smith anti-future trading bill. which is
equally sweeping in its unscientidC prohi-
billions, has been favorably reported to
the senate, but has not passed either
house.
Yesterdays advices said that the bill
had passed the house and has been pend
ing III senate committee. which had
taken no action would be brought before
the senate through the discharge of the
committee from further responsibility.
From this the trade inferred that the bill
in question in the Burleson bill and it
was also inferred that the promoters OF
the measure believe a chance to pass it
exists. otherwise they would not he S0
anxious To bring it UP al the end of tile
session As the elections have an been
held ana the congressman and senators
nave no reason now to play to the CALLER
les remark recently made by a Florida
senator becomes significant at this time
lie said: While / do not favor restrict o.
i've legislation Of this character. the PEG.
pie want il and l shall vote for il"
Following are 10 a. m. bids March.
12.OI; May, I'LL; July, 1212; October,
li.47
Estimated receipts:
New Orleans. ...... 1000 to $500 1877
Galveston .......... $500 to $500 TO- POS