Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-07-18
COTTON GOSSIP
Market dormant.

Market dormant
The volume of business transacted
yesterday was perhaps the smallest of
any day this year Both elements are
such a quiet market.
Boil weevil and the small stock of
cotton is still discussed by the bulls.
Spot brokers are quoted with saying
that the fear of cotton tax is al
ready diverting hedging business from
this market to Liverpool.
Valdosta, Ga: "Lowndes County has
had good weather all along and crops
are IN the best condition they have
ever been at this season Of the year.
Reports from some OF the counties indi-
cate that the drOuth has done much
damage TO corn. but the cotton crop is
In very good condition
Texas City, Tex: Preparations are
under way for the handling through
Texas City next season of the largest
movement OF cotton the new port has
ever enjoyed. IT is Conservatively es-
timated that in view Of the large crop
in prospect Texas City will handle in
excess Of 1000 600 bales. This season
to date $50, S51 bales have been received
anu AtNtlbAo ~ AubAoA oAF VIC Gnu VI
the present cotton year, will probably
bring the total near to 100000 bales,
Taylor. Tex: with only a hundred
or more bales Of the l912-l9l3 season S
crop Of cotton still remaining in the
hands of producers OF this section of
Williamson County, the total local re-
Ceipts Of cotton at Taylor to date are
35,2O9 bales since the first day of last
August Glnners are OVerhauling their
nlaDTl for the nnnDiuH Of the q
son, beginning August /. The first bales
OF the new crop are expected here about
that time
Reports to The Montgomery Adver-
tiser last week indicated that as a whole
/ the crop in Alabama looks well. Some
! sections report lack of rain. Where
! there has been rainfall, and there has
been rain over the greater part Of tbs
State, cotton is reported in excellent
condition, although the plant is reported
late and much behind the growth eX-
pected for this time OF the year.
NEW ORLEANS, July 1S-Hayward
q Clark The weather map shows gen
orally fair. except cloudy in lower cen
trail belt. parts of Alabama, Atlantic
Coast Scattered showers in Alabama
and Mississippi ana some good rains
in Atlantic Coast districts. No rain in
west. Temperatures about normal In
dicatiOns are far more favorable to a
break in the dry spell in the west over
Sunday Increasing cloudiness, with
some showers over the central and east
ern belt.
Fort Worth. Tex. wires: "Our San
Antonio agency says. Boil weevil dan
ger minimized by heat spell. Little
actual damage done. Crop looks SPLEEN
did. Movement starts August 1, unless
rain interferes.
The New Orleans Times Democrat
says: Temperatures were not excess
lively high. but no rain was promised
tinued to show some concern over the
Texas and oklahoma weather on the
other hand, the Mexican situation
doomed larger in the public eye as a
possible source Of International COmpli-
cations and EurOpe's confidence in low
er prices for the raw material, to fol-
low the announcement Of prOhibitive
legislation, is directed against future
trading In America, seemed on the in
crease.
AS a matter Of fact. the scope and
the volume Of the protest being made by
the South against the Clarke amendment
had some effect on the Washington law
makers. in spite of the refusal Of many
Senators TO listen TO anybody who de
sired to oppose any part Of the caucus
program. Meanwhile, very few actual
damage reports are coming from the
west, although advices relating to pros
pective damage to result from the hot,
dry weather are numerous
Big crop people say that such wealth
er is against the weeyil and IS other
wise beneficial in that IL promotes bet
ter maturity. on the whole, however.
most crop accounts are favorable The
market is now merely awaiting the new
crop movement, when many traders be
lieve new conditions will bring a re-
adjustment. July is still well taken care
Of and no cotton il going begging any
where in America
Habersham King in his latest report
SAYS consider developments of the week
highly favorable to Arkansas, Tennes-
see, Louisiana. Mississippi and Alabama
quite favorable, as to Texas, North
Carolina, most Of Georgia, and portion
of South Carolina unfavOrable. though
not injuriously so, as to Oklahoma and
lnjuriOusly dry and hot in portions of
eastern and middle Georgia. and all OF
south Carolina, except the Piedmont
section. Briefly, should say favorable
to 80 per cent unfavOrable to 10 per
cent, and injurious to 10 per cent of the
belt.
Postal Telegraph Company says Grand
Island had hard rain last night and still
raining Fremont cloudy and cool
Hastings clear, rained last night; Gull
bertson, 50 Broken Bow. Is, St. Fran
els. Kans., l50; Herndon. Kans., Z
inches; Farnum, Nebr. I75; McCook
Nebr.. l inch; Palmer. Nebr., 2 inches
Sinton, Texas, wires: First bale
ginned on TAFT Ranch Monday Sever
days earlier than last year. Splendid
crop, Many think bale TO the acre as
sured Picking will be in fun swing IL
next ten days.
Shearson, Bait and Lehman were tn,
leading buyers early on private wires
from Texas, stating some deterioration
in crop Schill was probably the bes
seller. Rosenberg also sold. The buy
ing was scattered.
There was no special feature to trad
ing, but the crowd were inclined to sci
the market on the favorable report from