Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-04-08
COTTON GOSSIP

NEW YORK, April S.-McFadden, Wa
Jers and Wilson were the most aggrcss-
i've bidders at the outset to-day. Schlll
also was among the best buyers on the
can
The breaking Of "a Mississippi levee
encouraged considerable buying.
Senator Smith Of South Carolina in
troduced a bill Ia the Senate yester-
day providing for prohibition of trans
actions i'm futures IN cotton, grain and
other commodities, which is "a revamp
Of the numerous anti-option bills The
bin further provides for the standardiza
ton Of the separate grades of Gulf and
Cplauds cottons.
fair 5.5li, good middliug lid, middlinE
$3.50, low middling, 6.79d, good ordinary
6.t5d. ordinary slid
Following are II a. M. bids: May
l2.QS. July 1898 October II 81,
NEW. ORLEANS. ApUu -S.-Hayward
d Clark. The weather map is very ia
yorable u shows partly cloudy wealth p
| err and general showers In Central and
| South Texas. just where needed, also Zoo
W est Texas and Oklahoma. There is uo
UreCiUiLa don elsewhere Indications are
Tor unsettled weather and more show
CrS in the Western States and Arkansas
and partly cloudy, with possibly few
ISOLATED showers in the Eastern States.
Storm warning. The Texas coast dis
turbauce ceuttred over the Texas Pam
handle VIII move eastward and cause
brisk 10 high suutherly winds, with
SQUALLS this afternoon and tonight
Memphis wires. THE main line of Jhp
ST. Francis levee broke at I O'Clock this
morning. where new line Of levee
crossed Graves Bayou. The leYee
| broken is some % miles below and is
about 10 miles south Of Proctor. Ark. ON
the Rock Island Railroad. The water
viii first rush down Graves Bayou INTO
/ l5-Mie Bayou, thence into Blacklist
Bayou and thence into ST. Francis l;lv-
err. abOut where that stream crosses The
boundary between the ST. Francis and
Lee Counties.
There are some fine plantations along
the river front that Will suffer
River at Memphis $50.
The official cotton weight statement
shows the average weight of bales March
81 as 525.l9 pounds, against SlS.'1 last
year.
The New orleans Times Democrat 5
cotton summary. THE shorts had uu-
favorable political complications ion the
] Balkan situation and good weather
map YESTERDAY while the longs han
some additional evidence tending ln
show that exporters are planning q"
take uU cotton I'M May at both New or
leans auu New York. the heaFlSu ll-
tiUcUCes being obvious. and The puIllSh
Influences being subtle. and IL beng tn"
practice # the talent this season Goo
believe IN only that which can hc seen
cor felt or heard as tangible matter az
| hand. the cotton market declined.
aside from he flood I'M the Mtssisslp-
POI River. the reCOTu-brea king height OF
which is making the farmers nervous
and timid. and which is necessi tatinE
! the transfer OF labor from the fields 10
the levceS, climatic conditions now are
favOra bic and are expected To continue
so throughout the present week at least
| This means that where delays have ur-
CURED through rains and cold weather.
the farmers now are making good prog
rCSs
consequently tire rings may expect
To receive an increasing volume Of IA
vura BILE reports from the fields i'm the
near future. ON the other hand, any
thing bordering on positive assurance
that Liverpool and Continental export
crs. i'm conjunction with American eN
Vurters. have made plans 10 take up
cotton AT New York and New orleans
during May. will not rest well in the
stoUacas Of that portion of the talent
ivi 1cU has become committed Jo the bear
side on the account by selling May short
Following are 40 a.. m. bids. May
1913. july l-.9I. October li.55, January
/ r1.51.
E-1majaI receipts for Wednesday.
1918 1H'2.
{ New, trfUrt- ....t SEQ Cog 600 1886
Z r.fff. #sFN't TOO H.r.'i'