Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-22
COTTON GOSSIP

6 Tate says: Liverpool cables re-
feet Increasing anxiety or the part IF
foreign cotton manufacturers as We ap-
prOach the close Of the next condition
report period, and the date FOR closing
the gin reports, the prospect Of those
Two reports become more bullish, and
those who have so long been bearish are
now changing their views and IA cents
is freely predicted in the next week or
ten days Weld e Company say their
travelling representative estimates crop
IN Texas 3,765. 900 bales. This is allow
ing for good deal Of late cotton in the
Middle West and northwest Texas, the
principal bullish factor Is the prospect
I've yield from this crop, which prom
ises 70 be small. compared with the
worlds established requirements Of
ing market with only slight temporary
reactions.
Washington wires: 1T Is said that
the conferees have practically come to
an agreement on the cotton futures bill.
j is To- accept the amendment offered in
the House by Congressman Lever and
In the Senate of Senator Smith, Of South
Carolina In which raw cotton is divided
into nine grades. from which real deliv-
consummat ted i'm this way on exchanges
and therefore constituting not real sales
are 10 be taxed so cents bale
Dallas wires: Texas and Oklahoma,
generally clear. very cool"
Browne, Drakeford & Co, Liverpool,
ca bic. Market advanced in conse-
quence Of further unfavorabie weather
reports little actual Offering heavy
buying by America and local -
NEW ORLEANS. Sept 22.-Hayward
Clark The weather map shows
fair over the entire belt, no frosts in
the western half ~ the belt, and tenn
peratures rising all over the State. so
degrees minimum, but some low temper
atures prevail over tho Northeastern
quarter Of the belt. with light frost
Al Admission, North Alabama and the
Tennessee Mountain district. TndiCa-
lions are for partly cloudy TO fair and
warmer over the western and central
belt, fair and continued cooi over the
Atlantics. possibly light frost In por-
tons Of the Carolinas and Tennessee.
Washington forecast for the week.
Generally fair during the week. except
local showers I'm Florida Monday and
Tuesday Lower temperatures will ex-
tend to the Atlantic coast by Wednes-
day night; light frost probable Monday
morning In extreme north Of Alabama
and Mississippi, In Kentucky and Ten
nessee, and possibly on Tuesday morn
ing in interior of North Carolina and
northern portion OF South Carolina
The New Orleans Times Democrat in
monthly report on the condition Of
the cotton crop says:
II, Sharp deterioration has been the
rule, and in some sections a radical
change has occurred
'2 The boil weevh has done great
damage in Louisiana and Mississippi,
but elsewhere the loss seems to have
been less than was feared.
20 Many correspondents refer to the
scarcity Of picllers. the migration of la
Dor having been considerable
- Farmers seem generally disposed
to sell at current prices. at least enough
to meet all obligations, but there will
probably he strong holding movement
a little later on
"6 The recent rains have distinctly
lowered the grade The effect on the
yield In TeXns and oklahoma is prob
on the date Of killing frost"
f. F. Kearney, first vice president Of
the Texas and Pacific lines, on his re-
turn to New Orleans Sunday from a trip
through the cotton district, says: THE
shriRkage in the Texas cotton crop IS
fully 25 per cent" He based his opin-
ION on the reports Of agents along the
Texas and Pacific lines which were that
the recent rains throughout Texas
came too late TO do the good that was
expected, and the loss will be approXi-
mately 1000 5000 bales over what had
been expected at the outset Of the cot
ton season, The reduction Of the cot.
ton tonnage VIII have a marked effect
on the expected car shortage through
out Texas and Louisiana. and II is said
that the car situation has materially
improved within the last few weeks in
consequence