Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-20
COTTON GOSSIP

N NV ORLEANS, Sept 19.-Hayward
a. lark. The weather map is favora-
| DIe. SHOWS fair over the western and
central states. No rain. except little
| sPImhles IN Mississippi Generally
| cIouoy in Alabama ana the Atlantics.
WIN Iight showers in Alabama Good
| rams IN Atlantics where needed. Indi-
cations are for increasing cloudiness and
| Cooier IN Oklahoma, Northwest Texas
ana Northern Arkansas. generally fair
in East Texas, central States and Ala
Dana. Showers in Florida and scattereS
over the Atlantics.
Texas wires: Lost about ten work
ing days by rains Now fair. but gin
| hihgS VIII be small in consequence of de
Dallas wires: Texas and Oklahoma,
clear and warm"
Cotton seed oil brokers say the mar
ket mas been pounded for the past few
Gays by the bears with some liquidation
IN october. Good buying of September.
December, January and March by the
rehners to-day. Think advantage ought
10 De taken TO buy oil on all easy raids
and look for higher prices for January,
feOfuary' march and May later on.
The New Orleans Times Democrat
says. Refusal by the Congressional
| Conference Committee to give out
tuFther information concerning changes
IN the tariff bill, left the cotton market
without news regarding cotton market
legislation, and for the first time in
several days talent and trade turned
their attention to legitimate influences.
A good deal Of rain. heavy in some
sections, fell in Texas. but the forecast
Tor the west was for fair weather Even
the constitutional bear knows that
lengthy periods of dry weather, and ex-
tended periods Of heavy rainfall do not
produce Ideal growing and maturing
conditions
Nevertheless. even the constitutional
DUH Knows that some sections Of Texas
WILL produce more cotton as a result of
recent rains provided frOStS hold off
! The bear faction insists. that in the
main, damage by dOruth in Texas has
! bSeh confined to those sections with
WhlCh European buyers are in closes {
touch, and that the crop expectations,
IN 50 far as Texas is concerned nave
developed largely as d result of the
Pessimlstc reports coming from the
drOuthy sections. Whether this is true
or not, history alone will tell How
ever the talent refuses to take the
reports from that state of seed sprout-
ing IN the bOllS seriously, because Sep
TENDER rains usually cause some sprout-
ing. OF this character in damp low places
which IS promptly checked when the
sun shines again.
The principal buying to-day came
from brokers representing Weld
The ring got short at the outset and
rushed TO cover after the call. when a
few bull leaders appeared in the mar
ket. They take no chances Some
conservatives express the belief that the
bearlsh element have had their day
But what can a fellow do when he
reads news favorable to either side ?
For instance. Good weather: bad
weather, bullish cables. bearish cables
bad crop adyices, favorable news, etc.
Large houses are friendly to cotton
on breaks only.-New York Financial
Bureau.
Rainfall. Americas. 10: Eastman,
Ito, Griffin, 30; Monticello. $50; Ca
max, l.20, Greensboro, !. 80; Washington,
100, Gainesville. Fla. so; ST. Mathews,
S. c., ITO; Cheraw, Florence, 90; Bates.
burg, $50; Columbia, 40: Greenwood,
100; Lumberton, n. c., | 40: Eufaula,
Ala, 100; Alice. Texas. o.