Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-04-11
COTTON GOSSIP

NEW YORK. April Ill. NJ Amer
son: Old positions were under pres
sure at the opening of the market. New
crops showed little or no changes
- ...t.-
Rocky Mohr sold rocco bales of July
at lie 10 Dick Bros.
Liverpool cables: American forward
66,9S7 bales. Total 74,434 bales. Amer
iean decrease 1850 bales.
After the call. Bashford, McEnanay,
Parrott, Wilson. Martin, McFadden, wa
ters and Orvis were the leading buyers,
The selling was attributed mainly To
Cassard, FINN, Rosenberg, Schley, Roth
schild, Guild, Shants and Riordan.
Orvis was credited with buying 5000
bales of July on the call The selling
was scattered but sentiment was bear
Traders who liquidated so freely yes
terday were more than anxious TO buy
their cotton back to-day, but offerings
yesterday was longs taking. proht, with
the intention of replacing their lines at
liberal concessions
Liverpool cables: American middling
fair G5ld, good middling aid; middllng
6.g5d, low middling 6.79d, good ordinary
6,45d, ordinary slid
The New York Journal of Commerce
says: IN the BRACES Valley nearly all
the cotton is planted and half OF H. IS
up to a good stand and planting is be
ing pushed vigorously, BrOWnWood
Tex. reports that Texas has an excel
lent stand
The levee situation al Beulah, Miss,
y -fs.tH
ported critical and dixie may fall at
any time The Angola levee also adj
mitted to be in bad shape break at
Beulah would food vast section OF cot
atng west from Memphis reported en-
tirely QUE OF commission as q result
Of wash outs
Following are II a. m. bids: May
1904, July l-0-, October ll.53. Janu-.
airy ll.53
NEW ORLEANS. April 1l.--Ifayward
& Clark The weather map shows fair
over Western half. partly cloudy 70
cloudy over Eastern half; no rains M
Western or Central belt. General
showers in Alabama and Atlantics.
Mostly light. except heavier ram IN
Montgomery section. Indications are tor
fair and clear weather over the entire
belt with promise of good weather Tor
The revision committee Of the New
orleans Cotton Exchange made the
following changes in the color ana ar
Low ordinary to good ordinary, of
color 5-lGc Off was l-l6c OF; spotted
asc off, was isc off. strict good ordinary
Co fair. off color. l-i6C of, was l-lbc on
spotted D &C. OFF, was lsc on; low ordinary
to strict good ordinary, light tlnged, 2sc
Off. was tC of. tinRed. sac on, was sc
of; low middling to fair, light tinged.
asc Off. was &C. off. tinged, lac on. was
asc off: low ordinary To strict low mid
ding. light stained, lie off, was 3sc OF
fair. light stained lac off, was Csc OF
stained lisc off, was L. on
The New Orleans Times Democrat
SAYS. ~ grade difference revision
strengthened the New Orleans contract
market yesterday and the flood situn-
tiOn seemed worse instead Of better, but
fair weather was promised In the West,
and news Of a fall in the Mississippi
River of siN-tenths Of foot at one Of
the Urevasses ON the Arkansas line was
made To read as applying 10 Memphis.
and the talent taking advantage OF a
SPOT decline of 3-i6 of a cent az Dallas,
and of sluggish spot markets elsewhere
sold the contract market off 10 the
days low level at the close OvcrtiOWs
in the Mississippi are not. as a rule, tol
lowed ctUSPk by full#Crpus 10 the river
States. Nevertheless. the effect Of the
mississippi AdltA ONtfUbME on the
South's crop AS "A whole, now that the
annual outturn runs wen above the
J . 600 900 bale mark. Is not very appar-
eut since at the outside they made a
difference on the total Of only 100000 70
200 600 bales For this reason COnstitu-
tiOnal bulls do not depend on floods and
oVerfiOws To make out a case for them.
AT the present time the bullish cause
is backed by the belief that the crop
of l9l2-l3 VIII pan out less than bearish
by between quarter and
"a half-milliun bales; by the belief that
fresh demand for the actual in mpOr-
taut volume viii be in evidence before
very long S "a result Of continued min
activity and shrinking raw cotton sup
ply abroad, by the belief that too much
rain and cold weather over most Of the
belt. and dry weather when rains were
needed over a small U0rsion OF the West
have combined 20 make the new crop
start a late one in place Of an early one
on the average.
Following are 10 o.. m bids. May.
l2.5l. July, 1880. October. ll.5g. Jan
uary. l1.6I
Estimated receipts for saturday
1913 1872
New Orleans. ....... 300 to @ 400 3.61l
Galveston .......... 5000 40 1000 5OS2