Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-27

december.
Boston mills are reported 10 be buy
ing spots more freely than heretofore.
GreenviIle, S, c.. wired The New York
in this country in machine. believe IS
per cent of the crop Is picked"
Tyler, Texas, wires: Texas crop
practically ginned and all sold"
Clement. Curtis & Co, issued a new
estimate Monday, being $4,000 bales
NEW ORLEANS, Nov. 3s.-Hayward
& Clark: Tho weather map shows
cloudy over the entire belt, except fair
in the southeastern quarter. Scattered
light rains in the Western States"
The New Orleans Times Democrat
says I'm the interest of their custo-
mers, future brokers ran from notices
OF intention to deliver cotton on De-
cember contracts. Some $500 notices
were issued in the local market yester-
day and messengers spent the day In
passing them from one office to another
before they found Judgment. All of
which evidently proves that the New
Orleans official discounts on low grades
are not great enough to truly reflect
commercial trade conditions, and that
further revision will be necessary. Lo-
cally, December traded at a discount Of
20 points under January, or moro than
enough below the latter to pay carrying
charges.
This reflects the fear OF further
widening of differences Meanwhile the
cotton market acts somewhat suspi-
ciously Actual cotton handlers say that
undesirable cotton Is weighing on the
market, though there is a fair demand
of ha MnnpV
the carrying of cotton is not easy to
obtain, and merchants, as a rule, do not
encourage the carrying of lines OF spots.
very large crop estimate Is expected
to make its appearance to-day. and an
ttcipation thereof, in conjunction with
relative weakness in the local Deem
Der position, caused some Withholding Of
support"
sterret Tate comments on Joseph
Newburger's crop estimate as follows:
"Newburger's estimate Of IA 800, 900
minimum said to include llnters and
repacks was made public to-day.
against 13600,000 last year, maximum
not including linters and repacks.
The question is how does he get at
his figures this year They contradict
all the information we are getting and
the unanimous claim made from most
sections that this has been the most
rapidly picked. ginned and sold crop
of record. His estimate by States fol-
lows:
Alabama. 1.65O,OOO. to equal this
amount We must gin 100000 bales after
November Il, compared with 406. 600 last
year. Arkansas, 925, 900. means 1922, 900
bales must be ginned against 257 900 last
year Florida, 10000, means 279 600 to
be ginned, against $4,000 last year.
ginned against $4,000 for last year.
In this State the records show
we have already ginned 100000 more
than last year. Louisiana, $50 900,
means 100000 bales must be ginned.
against $4,000 last year Mississippi,
1850, 900. means SIS, 900 must be ginned,
against 405 600 last year North Caro-
lima $50, 600. means Asst 90 must be
ginned. against 30S 600 last year Okla
against 1872, 900 last year. South Caro-
lima, 1,550 600 means sos, 900 must be
gtned against 376,0 900 last year, In this
State we have already ginned 10000
bales more than last year. Tennessee,
100000 means $4,000 must be ginned
against 1872 900 last year Texas, 4,0o0,-
600. means $50, 900 must be ginted
against S6S000 last year. This State
has already ginned $4,000 bales less
than last year up to the same time.
THE amount of cotton gInned this
year up to November IA is placed by
the Government at 10,434,000 bales, com
pared with 10 300 900 bales last year,
meaning an increase in ginning Of 1874
600 bales. This is attributed to and
considered as a confirmation of the
general claim that the crop has been
more rapidly picked and ginned than
usual, but is not regarded by the trade
as signifying an increase in the size OF
the crop over last year. The amount
ginned last year after November IA by
the Government figures. 1871 900. The
amount to be ginned this year, not
outstanding the claim of early exhaus-
tion of picking. etc. by Newburgers es-
innate must be 1885. 900 after November
IA or an increase over last year of 575.-
600 VIII the gins turn this out? Where
is the cotton to come FROM"
Spot people here report good demand
for spots, firm at quotations; lower
grades being fairly well absorbed
Liverpool cables: Weak longs out,
crowd bearish, market inclined to get
oversold don't think very safe To sell
at moment. not taking overnight In
terest; Continent free buyer OF East
Indian"