Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-18
COTTON GOSSIP

Browne. Drakeford & Co. Liverpool.
cable: Market advanced in consequence
Of unfavorable weather reports. good
spot demand"
Memphis wires: Sales Of 900 bales
of spot cotton at Liverpool seemed to
denote some eagerness for supplies by
spinners. Our opening advance has not
been well sustained because OF general
profitable taking and forecast for clear
ing in western belt. Sentiment is bull
ish and trade generally believes that
fresh damage by rains has added
strongly 10 an otherwise well founded
market. Spot demand is not generally
bearish and it remains TO be seen what
view Will be taken of damage by rain
when sun begins to shine again, NJ
er-Cotter.
NEW ORLEANS, Sept. 1S.-Hayward
& Clark: The weather map favorable,
shows generally fair in Texas and Ok
lahoma. No rain Of any consequence,
except In the southern coast sections.
Cloudy to general rains over the CEN
tral and eastern States, particularly
good in east Tennessee north Alabama
Georgia and parts Of Carolina, where
Government says rain is needed. Rain
fall in the central States is much light
err Indications are for fair in the
western States and clearing over the
central belt; further rains over the east
ern states.
Rainfall: Taylor "a, San Antonio 10,
Corpus Christi 1.52, Galveston "a,
Shreveport OF, Little Rock As, Memphis
;06 y6ickss tbg %. New Orleans rail, rain
vile .O2, Knoxville LOS, Chattanooga so
Atlanta AS Augusta .06 Jacksonville
.16, Wilmington IS, Del Rio II. Hous-
ton AZ, jackson 80, Birmingham 1.26,
Macon 10. Admission 80.
Temperatures: Oklahoma generally
clear in State, IS to 62; no rain. Texas:
Waxahatchie, clear, SO; Brownwood.
Arthur City. clear, "a; Houston, foggy.
20; Dallas, clear, 60; Galveston, cloudy,
70; TeXarkana, part cloudy; Paris, part
cloudy, 70; Bonham, Whitesboro, clear,
70; Clarksville, part cloudy 81; Corsi-
cana and Ennis, clear, 81; Mount Pleas
ant. cloudy. 70; Tyler, clear, 20; Amar-
lilo, clear, 40; Weatherford. clear, SO;
Greenville, clear, co.; Longview. clear,
66; Mexia, clear, So; Temple, part
foggy, 70; San Antonio. cloudy, SO;
Clarendon. clear, SO; Waco, clear, Sc;
Sherman, clear, So; Denison, clear. 81;
Jacksonville, clear. 2; Palestine, clear,
Rosenberg. cloudy; Huntsville, cloudy;
Bishop, heavy rain this morning
The New Orleans Times Democrat
says: Cotton market talent now has
more exalted idea of the price levels
than ever, but whether the rings have
hitched their wagon TO a star or a
cloud remains to be seen. Liverpool
set the upward pace yesterday Some
body Cabled the foreigner very pessim-
istically regarding the Texas and Ar
kansas crop promise. Then. returning
confidence In the ultimate sanity of the
United States Congress led some people
to believe that many spinners who have
delayed making forward purchases VIM
buy in volume in the event the confer
ence committee delivers a scientific cot
ton market law.
ION this side higher prices were pop
ular, first, because the talen expects
good legislation and a bullish demon
stra ton; second, because some sensa-
tionally bullish crop advices came from
Texas. Oklahoma, Arkansas, Louisiana
and Mississippi. Hence the advance at
Liverpool of 81 so a bale and in Ameri-
ca Of nearly as much.
Labor troubles affecting shipping at
Galveston and in England exerted no
influence. nor did talk of declining tex
tile activity in Europe; nor did the 'ad-
mitted fact that New Orleans merch-
chants were buying actual cotton in the
interior on a tender and selling Sep
TENDER contracts against such pur-
chase.