Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-03-13
NEWS AND GOSSIP
OF THE FLEECY STAPLE

NEW YORK. March l3.-There has been
no special feature in market today. only
some buying on reports of heavy rains IN
some sections of the belt with prospects
for more. Also reports of storm warn
Ings along the gulf coast. This brought
out some short covering and buying of
new crop, though the volume of buSl-
ness has been small
Warehouse stocks in New York today
ll5,600; certifcated 90995.
Wilson was a good buyer about noon
and ring shorts We're running.
The market was very quiet at the out
set today. Trading was very light
There seems to be cotton for sale on
Following are II a. m. bids: March
lis, May ll.S6, July 1,19, october ll.39
NEW ORLEANS, March lS-Hayward
a Clark. The weather map better than
expected. Shows fair in Texas. No rain
of consequence in western states. Cloudy
in central and eastern states, with heavy
rains in Mississippi. north Louisiana, Ala
bama and parts of Georgia. Indications
are more favorable; looks like clearing in
western and central states: tonight cooler
cloudy, rainy weather in the Atlantics.
Storm warning: Southeast storm warn
Texas panhandle will move eastward and
cause squalls with brisk TO high south
erIy to westerly winds today and tonight.
New York wires; Short interest large
~ eliminated Feeling bearish: market
looks like it will go lower.
Liverpool cables: American middling
ldll. tsotIt Sbbb llttlOllIB. t.Ntts IlliNtllEs
$50 low middling. SOD; good ordinary,
6.26d ordinary, 5,92d.
Reliable spot house at Fort Worth
wires: Apparently more disposition to
sell Houston and Galveston, but basis
higher than your market Good rains
northwest Texas last few days. New
crop conditions ideal"
Suots reported dun, but steady at quo
tauons. F. o. b. offerings from interior
rather increased.
The New orleans Times Democrat SAYS:
eliminating constitutional partisans, the
talent has one beariSh eye. and ear and
one bullish eye and ear. and the mind Of
the average operator becomes confused
undr the annoying spell of complex rami-
tications when both eyes and both ears are
kept open. They close one set. and Euro
pean politics, tight money lack Of de-
mand and bearish talk opens mp a down
ward perspective and inspire a feeling of
pending depression. They then open the
closed and close the open set and the full
prices arbitrarily demanded by spot own
ers from merchants who must have cot
ton, the fact that spinners takings for
the calendar year have kept full pace
with the talings during the cotton year
ended August 81, last, absence Of COM
plalnt among manufacturers except in the
Balkan war, aHeCted bulllSh talk open
an upward perspective and inspire a feel
ing that the market has seen the worst
and is now ready to do better.
The student of cotton has found good
reason to believe that the speculative
talent as rule, by means appreciate the
full scope Of the evolution. which has
magnified the price influence Of the in
terror and minimized the price influence
of the ports.
ITO the average operator the remnant
is not unlike the fancy exhibit Of high
price goods displayed in the show win
dow of an expensive restaurant. The
ordinary mortal may gaze with yearning
admiration, since the cost is beyond him a"
Following are 10 a m. bids: March
II %, May 1915, July 12.OS October II .43
Estimated receipts for Friday:
1913 1912
New Orleans . 2 300 to 2, 1000 4162
Galveston . 5000 to 5000 5,7S2