Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-02-08
NEWS AND GOSSIP
OF THE FLEECY STAPLE

NV ORLEANS S.-S- " l. Gar
ien'er & 90 There = very little Of III
,s-sst to give readers on the c,sttor mar
*. Al lHlS time We are drifting be
lNeel seasons both factions awaiting de-
te-opinenls which VII Justify more con
s-Hce2 cp-nlo2S and some stronger move
uer-
q course ne have had temporary lin
-tsc declines from giu.e % time on any
eEoT- cE liquidation. because The market
vas loo 1s-rew u Withstand ;i-e press
rCe- oI- We think en- the whole optimistic
IDEAS have u-~zcl1.EaralI ercourz zel uy
reports - continued goNz trade .-u~E.rtou>-
le4eEr4E2S Jo>2sy from rhe South Tc
Ao-l oeIIeT demand fu- spots and SSvsu-
ian Ca. reports an alvanCe OF a. This
c@lS-Ls corS.aer7o.s nervousness
among locsl shorts particularly Those who
are short Of March. IS 1-S- notice lzy :
no& only three weeks o.
Warehouse stocks in New YORK today
1851 cs-1ifcated s-Se5 bales
Liverpool has been good c1ysr this
morning. reported spot markets. higher,
o-iter demand for spoE>. March shorts ap-
L5verpool czb,es- American Forwarded
IS--Se bales total -S.Ss1- american in
crease =, SIS ba.sS
A-ls lEco-s-slJ figures estimated al
1870 70 -S4.Qpg bales Sg1uue-S' tskngS
-. Goa 70 S-e. eQl bales
Liverpool EaS buyer There was con
siderable covering u shorts TIE demand
vas supplied On -he advance. howeye-
and Il looked il the larger long lines
were being reduced. Press dispatches IN
c5caurg ttat holy waT' had been de-
clared BY the AIosls11s attracted attention
sC4 was emphasized by local bears IS
Ekely 20 p-uluCg unsettled European con-
G.t!onS.
The sleeping narzer which has been
witness fer The past week or tvCA was
aNsAene0 yesterday during The LAST half
hour q trading caused BY the heavy buy
lns. Naicn vas said 70 Be for Pei inter
What the market needs worse man any
hing else : '-Suug-C-E'
The big traders have been lurking
around almost ever since the high re-
o-1s were esrs b.lShed during the middle
e December
ThoDasviHe. Ca reports that there has
lSsE more wo-s done n that section than
has been TIE case in previous Jsnuarys
II a long time
The New York Commercial says There
: evident abroad none Of the pesSsr,llsru
which IS obSe~ 3 HE here and the trade ;
beginning . b impressed bE the mani
lest confidence there N the face OF The
fresh outbreak u war in the Balkans.
Reports ron, England point 10 continue
non q the great prosperity which tie
spinning industry enjoyed last year. when.
according 10 an English cotton mill au-
tIcEl'y ne pTu-.t On The share capital -
spinning corporations was Il per cent.
Most o. The English mills have Sold their
p-o1lc; ahead - July Reports from
-l1hcEes,eT show mat large orders have
cSeG 0ooAec rom the continent. ra-tlCu-
AIRY Germany and France. while = re-
taxation in the monetary situation has
been helpful
Live-pool cables. American n.ddlirg
-alr 80: god IniddnUg, rs middling,
is. UiG6l1ng e-4S. low miGdling 8 IS
go2d ordinary. SIS: ordinary, s.09,
2l9Sing are II &: N. bids; March
NEW ORLEANS. Feb. Hayward &
clark: The weather map shows cloudy
over the entire belt Some rain in Texas.
light sprinkle in Arkansas, none else
where Much cooler in northern ard CEN
tral Texas Indications are for clearing.
clod IN The northwestern quarter. Rain
OF SleW n central states Rain in east
ern states Some storm along gulf coast
followed by severe cold wave clearing
sunday
Northeast storm warning. Louisiana 10
exaS coast. Disturbance OF mouth Il
FAo G-aC1a. viii move eastward and cause
oTlsk 10 high northeast 10 north winds.
FTes1!ng nearly 10 eossL
Spots about &c higher 70 buy On me
advance in figures VIII probably be
quoted &c higher today 4 futures hold
demand small and scattered
Inc New Orleans Times Democrat saws
Like the proverbial worm, the spot cot
ton owner turned and had an inning q
MS own There was not much demand.
put there was enough 70 suggest that spot
fore spot sellers had begun 10 feel ne-v-
Gus. This being contrary 70 hearish ex-
peels tons. the market reflected uudeTly
ing strength and al advancing tendency
osaTlSG 10 the core. and bearish factors
nave been exploited with keen vigor and
subtle enterprise Even the little things
lnccnSeQlenIisG II themselves. but Sus-
cept1ele q bszriSh Interpretation. have
been made 70 90 fun service as prices
hoping influences But the market has
shown logged resistance % further de-
cllnes. and has perSistently refused 10
wc-k toward the extreme low levels re
pea teddy promised by constitutional bears
The men on the sidelineS. while oper
10 conviction IN either direction not
Al all surprised over the action OF the
market. He has heard all the talk about
oulllSh manipulation He has heard the
ship agent complain bitterly over the alb
Sence Of inquiry for export freight room.
War news and lack OF demand for the
actual stuff have been served 20 him as
q daily diet But he has notes on his
own account the peTS5SteCcy with which
splnners absorb a greater quantity Of cot
ton each week that the growth Of 1912
can possibly supply on the average He
has noted besides The rapid sh-irkage in
the volume Of receipts. in the stocks a,
the ports. and IN the supply available for
export. particularly a. New Orleans. and
he has reached the conclusion that The
Statist.1iaES are now merely reproducing
the medal Of the market for the die ca
oy. far GIFTED demand long ago
Following are u a n. bids. March
= 50, May 2-+5. July u -. October II IS
Estimated receipts for Saturday:
1918 1912
New orleans -. 200 10 $500 le7zl
Galveston Ssln IN q 5an 49,