Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-02-13
NEWS AND GOSSIP
OF THE FLEECY STAPLE

NEW YORK, Feb. iS-There seemed
very little cotton for sale on the opening,
which brought out higher figures than
were expected. This seemed to be an
incentive To sell after the oall and those
who We're buyers the early part of the
week were among the leading sellers
short time.
The uptown crowd and commission
houses We're reported good sellers ON un-
and other leading bulls
Mr.. Anderson says: There is a bear
ish feeling around the ring, and from
what | gather on the floor ii is evident
The general public are against the mar
ket The interests who are behind the
bull movement are so strong that there
Is constant uneaSineSs among the bears
to sell the market short. Spots are re-
ported in good demand from the continent
and American mills"
Selling was general at the outset today
but the market remained steady and Of
ferlngS were absorbed readily
Wenman sold 10000 bales of July at
l2.3O and l@.3l on the call. The buying
continued general
shorts were aggressive on the decline
Liverpool continues to report cables
better than due every day
Warehouse stocks in New York today
IL 5OS. ccrtiticated, - 442.
WHAT trading was done yesterday in
New Orleans cotton market could be
stuffed in a nutshell.
thaj cotton will go through the 13-cent
level. especially new crop months.
There is plenty of cotton for sale, and
close observers and shrewd traders do
not hesitate in expressing the belief that
the large bulls are feeding the market
with contracts.
, Trading was light at noon today,
morning. Several ten thousand lots
changed hands
McFadden interests We're among lead
ing buyers. The ring is inclined 10 sell
on all rallies. Commission houses were
fairly good buyers.
Following are II a, M bids; March
To May, l24l; July, 12.3l; October,
NEW ORLEANS. Feb. l3.-Hayward &
Clark: The weather map is favorable:
SHOWS fair in northern third of belt;
cloudy in southern two thirds of the belt.
but no precipitation over night except a
little in south Texas. Indications are for
partly cloudy to fair continued cold in
heIl POSSIBLY some slight precipitation
along the gulf coast.
Export statement today is likely to show
$4,000 bales less exports for the week
man last year Spots reported quiet I'M
changed; only few staple lots sold
Inc break in foreign government Sc
curities continues; consols I'D lower
The New Orleans Times Democrat
says: During October November. De
cember and January $50 inches of rain
Tell in Texas, as contrasted with SO last
season. 5O9 inches two years ago and
g. if lncheS preceding the crop of 1908 90
consequently the big crop people expect
a favorable season in the West, while the
low price people expect fun acreage in
Texas as result of high prices thus far
inns season. Meanwhile the conflict be-
tween steady spots and bearish sentiment
Keeps the public out of the markets and
bears are exploiting the fact that profess
Slonals alone are left to take care of the
remnant Bulls on the other hand. assert
mat since the remnant of the old Cron is
IN no way Weighing on the contract mar
kets, the care of the same is imposing no
hardship on the professional element
tolloWlng are 10 a. m. bids: March
i22!; May. 1851; July 1880 October,
117t
Estimated receipts for FRIDAY.
1913. 1872
New orleans. ....... 1900 to ! 500 l2,573
Galveston .......... 5000 to 5000 1865