Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-27
COTTON GOSSIP

The Journal of Commerce has the fol-
lowing on the condition Of the cotton
crop in Alabama, Mississippi and
Florida:
"Alabama-Excessive rains during the
past two weeks damaged much cotton
in fields. but benefited unopened bolls
Considerable cotton is sprouting in the
bOllS, but there is no damage from in
sects and cultivation is good. Some cot
ton is rotting in the b0Als and boil Wee
Wis have done some damage this year.
Top crop prospects are very poor. and
the grade has been somewhat affected
by hot weather. Preliminary returns in
dictate a deterioration Of a few points
from last month in percentage condition,
and about the same as a year ago, when
it was SO per cent. The percentage
per cent last year.
''Mississippi-Wet weather delayed
picking and boil weevils have largely de
stroyed top crop prospects Some COM
plants of rOtting in the boil are made,
but with late frost much viii be added
TO present prospects
The trade has been considera bly, in
spired by excessive rains. Percentage
condition is somewhat lower than a
month ago. when it was 1876. but better
than last year, when 1t was 66.7
'Florida-Excessive rains have dam
aged cotton"
The New Orleans Times Democrat
say II Is d paradox Oh all SHttu-
lative markets that the higher the price
the cheaper the commodity looks In
the Sully year the speculation on the
bull side did not become rampant until
the level of Is cents had been reached.
when the entire South became oh
sessed with the idea that cotton would
sell at 20 cents a pound. Reality fell
short of the dream by some or cents
a pound and fortunes were swept away
in the twink'ing of an eye when the
final crash came.
Consequently, March and Nav was
selling yesterday above IA cents Some
of the older heads were inclined to adj
wise caution for the time being but the
tyros In the business, market aviators,
who have succeeded the cliff dwellers
of ancient times, had no stomach for
counsel Of this sort, their only ambition,
apparently. being to reach new high al
titudes Fortunately for his class of
operators they have parachute at hand
in the shane of constantly enhancing
spot values"
J. B. Turner reports the following on
the condition of the cotton crop for the
week ending September &c:
Except for heavy rains in the west
ern belt at the weekend the period was
favorable, promoting picking Temper
atures, however, were rather low and,
with recent rains, DELAYED opening and
growth In the eastern States In this
the last of the weekly reports for the
season, special inquiry was made OF
correspondents as to the maturity OF
the bols 1t has been developed that
the maturity percentage ranges from
about Sc In North Carolina to 100 In
Louisiana and over large areas Of Texas
and Oklahoma. The majority Of the
belt appears to be somewhat above IL
per cent which does not denote a late
crop, but one well advanced. The recent
rains have been OF material benefit in
the Atlantic States and the cotton is
stil making growth and fruit Early
pickings are not meeting expectations. -
The percentage matured is given by
States as follows: North Carolina, &C.,
South Carolina. 70: Georgia, rs; Ala
bama, 50; Mississippi. so; Tennessee.
72 Arkansas "A; Louisiana, 100: Okla
homa, SIS; Texas, %.
The weather map is favorable. shows
cloudy over the entire belt; no frost: on
the contrary temperatures rose to 10
degrees in the West. General rains fell
in the western half Of the belt but
mostly light, except in Shreveport, Mon
roe district of north Louisiana: cloudy
over the eastern half of the belt: no
rain.
A storm formation is reported at the
mouth of the Rio Grande, but no danger
whatever for the belt. Indications point
generally to cloudy weather over the
belt; general showers; cooler In the
north central and northeastern belt