Atlanta Georgian., 1913-10-02
COTTON GOSSIP
Advancing a gain.

Advancing again.
Liverpool made a bad start. but raj
Eec .ate 2 the session On the Giles
hIliish report and bad weather condl-
tiOns.
The market started advs sncing on
buying b. RiOTdan GWathmey and
Weld brokers The ring crowd were
caught mapping and rushed 10 cover on
reports OF cont u-ea rains In the vest.
There was very title cotton for sale
Mitchell and Schli prODab bly, best sell
ers.
The market took the selling well in
the last hour yesterday, but declined
10 an attractive level for the bull forces
10 renew their recent aggressiveness.
The market started tumblng when u
was thought that something unfayor-
able had dropped from Washington and
shorts were gIac Of the hint
Bv a vote Of II 10 ISL the Under
wood substitute for the Clarke amend
ment was adopted yesterday by the
House and sent over 10 the Senate. The
Senate will to-day hold d caucus on
the proposition and 4 IS the confident
expectation that IL will me rejected and
sent back 10 the House with a dis
agreement. In this way IL is prophesied
that the latest attempt at regulating
the cotton exchanges Will be defeated.
Liverpool was a heavy seller in the
local market Tuesday.
Browne, Drakeford & Co. Liverpool
cables. The market has declined in
consequence Of free Offering Of actual,
on account Of labor dispute"
NEW ORLEANS. oct. Haywood &
Clark. THE weather map unfavorable,
r in n
over the Southern half OF Texas. Louis
lara, Mississippi, Alabama and the
Western part Of Georgia. Indications
are for further unsettled weather in
The New Orleans Times Democrat
says. Added TO the uncertainty over
the pending legislation at Washington,
The threat Of general lockout in
Lancashire was sufficient to cause
distinct pause on the bull side. Heavy
rains were reported in several OF the
Atlantic states, with kilograms com
planning OF damage to the crop coming
In from that section of the belt. but
the market acted a bit tired and re-
fused 10 respond to bullish dope. On
the other hand, the bear argument,
which has been so long ignored that II
al least has the merit Of novelty, re-
ceived more attention than for some
weeks past. Possibly reports Of an
easier spot situation in the interior
borne out to some extent by the char
acter Of the offerings In this market,
had something to 90 with this mental
attitude on the part Of the talent
Neyertheless, there was an appre-
clable change In sentiment, which un
less checked by the final outcome at
Washington, or the Bureau and Census
reports, due tomorrow, will probably
leave some impression on the price
level"
New York wires "Ticker says Of
ficials OF Manchester mills to-day de-
cided TO close mills until labor dispute
ls settled. The shutdown will begin
october 25."
The spot situation is highly strained
and looks Ike a large quantity Of bet
ter grades will be sold ahead on early
spoiled grades over two thirds of the
belt, there is concentrated buying to Sc
cure better grades. which keeps spot
values high.
A reliable spot house at Fort Worth
wires Basis getting decidedly weak
er. especially fun middling and below" "
Texas rainfall: Alice "a. Austin | 42,
| Ballinger %, Brenham .9S, BrownwOOd
10. Columbus As Corsicana 02, Cuero
| "a, Galveston IS. Houston 29s. Hunts
| viile as KerrVille l.I2. Lampassas "a
| Luling 90 Nocogdoches 20, Palestine
| 1.04, Pierce 10, Riverside 40. San An
J tonic 1.54, San Marcos -, Taylor 8S
Temple 20. Waco 20.
Rainfall Fort Deposit. Ala. 3 40; We
! tumpka, Ala 30; Evergreen, inches
| Brookhaven. Miss, l10; waynesboro
! 3 20; Cheneyville, La, LA; Clinton, 2s
| Lafayette, 2 inches; Natchez, 107
| Shreveport. 3.74.