Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-04-01
COTTON GOSSIP

NEW YORK. April IN. l.. Clrpeu-
ter q Co.: The weather map was ia
vorahlc and there was disposition ON
the part Of the ring crowd TO sell the
market on and after the opening, whicu
they did Later however. there was
aggressive buying by the bull forces
and other brokers who usually repre-
sent spot interests. This brought out "a
wave of short covering from Wall
street
one operator who has been reported
as having a large short line IS said Go
be covered to-day.
While general sentiment is bedrish,
there is fear just now To sell the mar
EeI short in the face of the hulliSh eN-
preSsioHs coming from some OF the
larger spot people.
Pell tried TO cover some short cotton
during the forenoon ana The rruWd run
10 up on him Waters bio 1917 for
TO-. 600 May. Waters fixed his bid al
1916 for ZOO Nav. bur quickly raised
il go Eli There were good many
large blocks bid for.
McFadden brokers supported the mar
het Schill, Wilson. Hartcorn and the
ring We're general sellers
Clifford, Waters, MCl8ner! ana Weld
bought May on the call
Heutz. Barrett McGuee, PARROT
Iartcon and SchiH sold MAY.
Hannaman, Gwatnmey and Mitchell
bought July.
After tho cali NorGeu. Hentz and Nc
cali we're the principal buyers. Wilson
O'Connor, Shearsou Hicks ana PARROT
were the leading sellers.
Liverpool cables American mid
ding fair, 1iId, good middling. 7.l5di
midGlUg. g Old. low middling. $3.50
good ordinary. $3.50. ordinary, G.pjd -
prominent cotton man just bach
from the South says that recent heavy
rains have neUualized early prepare
tinus for the new crop by packing and
washing the soil. ana an early start is
out of the question
A census report issued SATURDAY
placed the cotton seed Yield a l,4JV.DOt
tons and lrters al COS. 74O bales. com
previous year and 900. SIS bales Of lint
ers. The amount ~ lnters broke al
previous records. but less cotton was
raised in 1912 than i'm 1911. The in
crease i'm lmterS was evidently caused
10y the improved method of delintinl
seeds.
NEW ORLEANS. April -HayNar,
a clark. The weather map shows part
cloudy i'm western half 10 fair in east
ern half Of belt. No precipitation any
where.
spots dull. basis easier owing TO adj
vance in futures. More T. @. b. Offering,
from interior
The New orleans Times Democrat
cotton summary An improved wealth
er outlook caused the price Of cotton I,
decline "a few points to-day. but the
knowledge that the crop is now late il
place ~ early cost the bear party ,
number " adhsrents During mann
weeks past the low price people, con
fronted day after day boy relative spu
market strength. placed great reliance
| I'm the season ia the ground. i'm an early
start I'm increased Use of fertilizer. 10
fun acreage. and I'm splendid new croI
promise Now they are explaining IN,
/ delay and apJiogziug therefor. all OBJ
which is making the short side seen
dangerous.
ION the other hand, the floods in jh,
Mississippi promise al least enough
| seeuagc DO spoil early planted seed. am,
! for this reason many planters have or
dercd their crops not pitched untn The
/ flood shall have passed This meanl
delay in the holl-wecvil section. o.
course. there is time enough IN which
| TO make a large crop, but Tire possibil
1 ity Of "a large new crop movement 10
| July and August has been impaired %,
cold. wet weather by low temperature
in Southwest Texas ana 10y floods IN the
Mississippi country, and bulls now sag
! that 10 Liverpool win only turn huyei
of the actual on this side their cup %
! joy will Doe filled
Estimated receipts for Wednesday.
1873 1912
New Orleans ....-.... 2. 400 To 9 500 90
Galveston ..-...... ..... i, 500 TO $500 S,4@