Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-03-03
NEWS AND GOSSIP
OF THE FLEECY STAPLE

NEW YORK, March 3.--N. L. Carpen-
! ter Il Co.: j. NJ. Anderson says: There
was continued selling around opening this
morning by some crowd that sold Satur-
day Their offerings were readily alb
sorbed, which seemed TO stop the offer
ing for while and caused some rally.
The general belief is that there is To-
cal short interest existing in this mar
ket, held by Wall Street, the uptown
crowd and the local Spectator and il
would take little substantial buying to
start an upturn which might prove profit
able TO the bull element"
While trading is light, the ring crowd
inclined to sell market, but their offer
looks steady.
The New York Commercial says: The
agent for large fertilizer company is in
the city, after having made an extended
TRIP through the entire eastern belt. In
speaking OF conditions as he saw them he
said: l never saw preparations so far
advanced at this time of the year. The
ground has been broken all over the east
ern belt and 80 per cent of that ground
has been furrowed. Sales of fertilizer
by the company | represent have never
been as large as they are this season.
The belt looks IT, for as far as your eye
can carry as you traverse that region
YOU see bags of fertilizer in rows along
the burrows ready TO spread. y large
territory is ready for the cotton seed. l
think the acreage will be larger this year
than last
Moscow cabled that Russian spinners
are commencing TO BUY ASlat1C new crops
and this was taken to indicate the general
bulliShneSs of the Russian trade, which
has been favorable to higher prices.
Theodore Price, who recently returned
from trip throughout the South, is
telling his friends that he never before
saw preparations better advanced than
they were this season.
\ wire from Washington said: Chief
Bradford Knapp, of the farm demonstra =
ton division of the department of agri-
culture, warns cotton planters throughout
Texas where the boil weevil has not been
particularly destructive, to plant on the
assumption that the pest will reappear
during the coming season. The mild win
ter, he urges, has favored the multiplied
ton Of the pest He advises that plant
ers take special care with their crop and
particularly urges them to put half of
their acreage in short staple, quick
turing seed"
\ large short interest is thought 10 have
been accumulated among spectators and
It Will take heavy selling to hold prices
down.
schir was again a heavy seller today,
also spectators were free sellers.
Clifford and Mitchell bought March
SChill sold. Hubbard Wilson. Clifford and
Hicks among buyers of other months.
Mitchell, Schley, Schill, Munds and Rice
sold.
Following are II a m bids: March
NEW ORLEANS March 3.-Hayward &
Clark: The weather map shows very
favorable; fair in Atantics. Part cloudy
to fair in central and western states; no
precipitation. Indications are for part
cloudy to fair no precipitation, except
possibly little in northern Arkansas;
northeast Oklahoma; rising temperatures
Washington forecast for week: Gener-
ally fair weather in Southern states UNI
til Thursday or Friday, when conditions
will become unsettled with probably
rains. Temperature viii rise after Mon
day and continue moderate thereafter un-
I'll close OF week.
Liverpool announces increase in stock
of American Of 1868 bales. Increase in
stock of other kinds 15,5S2.
Spots, dun; neglected, but prices I'm
Following are 10 a. m. bids: March
1922. May 12.l9. July 1919, october 1t.52
Estimated receipts for Tuesday:
1918 1912
New Orleans $500 to 1000 1926
Galveston II 500 to 800 1924