Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-04-03
COTTON GOSSIP

NEW YORK. April 3-N. L. Carpen-
| ter 4 Co: The opening was quiet with
| trading light. There was some selling
oy wan street Spectators and Wall
on the decline there seemed 10 be a
! good demand coming from brokers who
usually represent spot interests. Many
conservative operators sold the new croI
| as weather conditions were favorable
There is no special news on spots
The weakness i'm MAY during the fore
noon was caused by heavy selling by
Gwathmey. Spencer and Waters offered
| May points over July
May option was In active demand
| The ring was inclined TO sell the new
months
| buyers during the past few days and are
| said TO represent Memphis shorts
May continues 10 increase its premium
/ over July. Last week May was selling
Z points over July, bu' to-day II in
creased its premium 10 u points and
! promises To add to the difference.
There has been considerable gossip
/ in regard TO the future Of MAY The
( impression Is strong, and has gained
I considerable credence that IL will follow
I the routine Of January and March
The short interest in May Is said 10 be
extremely large and those who are short
/ on the option are getting out as rapidly
as possible They do not care 20 be
March
Following are n a. m. bids: Nav IL %,
! July 1913, october II IS, January II SO,
NEW ORLEANS. April Harvard
| q Clark. The weather map is favor
| able and shows part cloudy TO fair over
/ the entire belt There was no rain eX-
/ cept -hundredth Of an inch at Fort
Worth and Palestine and % at Fort
Smith. Ark. Indications are for clear
/ ing To- cool in Western states. unsettled
and showers ia Arkansas and Teunes-
see. possibly in north Mississippi and
part cloudy Co fair over the rest OF the
/ belt
Southeast Storm warming The Louis
lana and Texas coast distur bauDe over
Kansas VIII move eastward and cause
brisk southerlr winds or the louisiana
coast ana brisk 20 high s0utheTly tu
westerly winds on The Texas coast 90
day and tonight
Spots neglected. reported only one
broker buying little staple Tor Liver
pool
The New Orleans Times Democrat
says. THE cotton market Is more NJ
an enigma than ever Most merchants
complain Of no demand, and the COM
plant is so general that 10 has become
undressing Nevertheless. spot sales
in some volume were made bY the
Southern markets Yesterday and spegu-
Ia tors in all the markets avoided snort
sales Of May contracts In spite 81 the
bearlsh claim that the top has been
reached The old crop Is by no means
a corpse. and may play fresh havoc with
the short seller AZ discounts before July
shall have passed into history.
Favorable weather during the past
few DAYS has resulted in great activity
on the farms. consequently. The crarac-
ter Of reports coming from the interior
shows great Improvement. Howet er.
the early producing section az south
west Texas as a result uf the cold
We8t Their OF two weeks ago. now IS de-
clsred % be a fall thirty DAYS late.
fact which can not fail To he reflected
IN fue July August movement.
DELAYS ~ importance have also oc-
CURED lu other sect slns Of the bell AMI
the talent no longer counts on fill
early movement. However. the big crop
man IS not worried by such develop
rreuts because he knows the South has
learned much IT, recent Years enough.
iu fact. Su rn pitch aEl fertilize and
cultivate tue cotton crop as greatly to
reduce tine danger ~ short rI-.l
F.uuW5lE are "a" a. U. bios NAV.
- So. JuN. go. October T.5H. ianu-
arr. 1903.
f.-..ual.g receipts l.r r-aaE.
Sew rr.,sr.~....... I.#'t ." -.yvy s.iH-