Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-13
COTTON GOSSIP

NEW YORK, June 13.-J. NJ Ander-
son: The trading was rather active for
the first hour Brokers representing the
uptown crowd and Wall Street were good
buyers of the old and new crop which
was said to he short covering. The
selling was scattered coming mainly
from Liverpool and the South. Specula-
tive element also sold
Weather favorable, but crop news
mixed. Regardless of conditions, there
is steady demand for old crop which
is the strength OF the market The
question now advanced by a great many
needed and from the way the old CROP
is being absorbed, it appears that the
worlds needs are more than many be-
lieve II to be. While there is a bearish
feeling existing, those inclined to the
bear side are timid about selling the mar
ket short until they see further into the
situation"
Look who's here Friday, IS, 1919
1t is said not a single boil weevl com
plant has been heard of in Kingston.
Ark, which is one of the worst boil
weevil territories in that State.
According to information received
State as well as the Csrolinas are gen
tIdlly lhNOIdDle.
If McFadden is stu short of July, he
is not worrying about II. through the
gossip in many conservative circles.
The United States Department Of Ag-
riculture is taking active measures to
help farmers fight the boil weevil In
Louisiana. These take the form of ad
Vising them how best to get rid Of the
pest. A. 4, Morrow, Of the Federal
farmers of East Baton Rouge to take
immediate steps to exterminate the pest
or reduce the possibility of injury. In a
circular addressed to the farmers Of that
parish he says, under date OF June s
The appearance Of the boil weevil in
East Baton Rouge Is no surprise and
sOhuld cause no alarm. We have been
expecting II even earlier. The farmer
that wants TO make cotton under boil
Weevh conditions must make up his
mind to fight the weevils, first by gath
ering the Weevil in the bud Of the cot
ton ana later by gathering forms OF
punctured squares. and destroy them by
burning. Owing to the fact that most
cotton is young and the weevil infesta-
tiOn heavy, owing to the hot days, the
pest can easily be found on top Of the
young cotton, and the work of picking II
off can be done cheaply by children at
small cost Every weevN gathered
now is a saving Of from 80 to rs squares
later. With the present condition of the
crop anu lIe EOtQ cultivation IL mas re-
ceived up 10 date with intense, late and
shallow cultivation, there is no reason
in the world why the farmers should
not make a better crop Of cotton TO the
acre than before the advent Of the wee
vii with the old methods Of cultiva-
ton"
NEW ORLEANS. June "a Hayward
q Clark The weather map is very
favorable. showing fair and warmer
the entire baIf aVHhnf FIgTIEN
South Texas. No rain except little in
Northwest Texas. South Texas and a
few points in North Carolina. IndiCa
lions are for cloudy in West and South
much warmer weather in East Texas,
Oklahoma, central and eastern States.
Spot revision: Strict middliug and
above sd higher Rest unchanged
The New Orleans Times Democrat
says. crop progress delaying temper
atureS have revived the bullish claim,
repeatedly made throughout the plant
ing season. that the crop got late
start In any event, Yesterdays cotton
market climbed without enCOuntering ef-
feCtive opposition, and the bearish as
sertiOn that technical conditions alone
supply "a basis Of strength fell on unaD-
DreCiatiVe ears AS a matter OF fact.
nobody. I'm professional circles at least.
believes the present cool weather has
actually damaged the cotton plant. nut
there seems TO be no reasonable ground
for doubt that low temperatures during
the past three or four days have caused
the crop as a whole 10 lose the progress
il would have made had the weather
been warm and favorable. In this con
neCtiOn. com parisOn between the weSfh-
er now and at this time IN 1911 are par
ticularly interesting because large crop
people are predicting a yield this year
fully as great as the monster yield of
l91l-1g12
Almost without exception, yesterday
morning and the morning before the
Governments central stations in the cot
ton belt reported maximum tempera lures
lower than the minimum temperatures
reported on the same days in 1911
Meanwhile. the New York July position
continues 10 hold the center of the stage
The entire stock Of cotton. certificated
and uncertifiCated. at New York is now
only 46, FOL The talent as a whole is
convinced so small a stock is entirely
Inadequate 10 protect the OUTSTANDING
short contracts in the Norhern market.
The situation, however, is made more
acute by the premium over New York
contracts al which actual cotton is sell
ing in the South, and by the scarcity
of desirab BILE grades. which fOreshadows a
keen trade demand for the early re-
ceipts, which, as a rule, are Of good
grade cotton.
Because of this scarcity, the grad es
above middlinE were marked up AsC in
the New Orleans market yesterday
SPOT COTTON MARKET.