Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-06-15

being somewhat more favorable than
recently-price movements steered
straight ahead, with occasional inter-
ruption due to profit taking and
spasmodic raids by the more bold
bear crowd.
At the close of business Friday flu
lures at New York were 204 to 287
points above the closing levels of a
week ago, while the list at New Or
leans exhibited a gain of 247 to 500
points for the week.
Actual Moves Upward, Too. /.
The actual moved upward with fu-
lures. But not purely in a sympathet-
| ic feeling there being actual demand
from domestic mill buying and fresh
| buying by exporters. The rise in the
raw material also was influenced by
light offerings and determination on
the part of holders to stand pat for
much better prices. Holders are said
to be financially able to carry the re-
naming bales of the old crop indefi-
nitely, having placed their purse in
sound shape through recent selling of
a few bales at prices better than
three and clipper.
While the weather map read more
favorable during the week, especial
ly for the eastern half Of the belt, still
rains were frequent and indications
point to another rainy spell over the
belt, with it's bio unexpected to be
dealt heaviest in the west where the
chop is no shape for additional mois-
ture. Fields throughout the belt still
are grassy and in many sections far
mers are blowing up cotton owing
to grassy conditions and scarcity of
labor and replanting the land in
corn.
The weekly weather report was no
more bearish than expected, showing
some improvement in progress in the
eastern belt, but spoke of continued
slow cultivation as the result of the
rain and low temperatures in the
western belt. All told, it was just
about a 'standoff."
Condition Report Low.
One of the principal factors sus-
tanning the market was the posting
of a private condition report of SO
per cent, which compared with the
official May report of 1856 per cent.
Advices from Manchester stated
that the textile industry was -four
ishing with business. Domestic mills
are operating to capacity and de-
mand for goods continues at top
peak.
The telegraphers' strike served
to restrict trading at first and probab-
ly prevented the putting out of many
new long lines, owing to fear of more
serious interruption of wire service,
but as the week progressed the trade
became less concerned over TIE wire
walk-out, believing it will soon be set
tied.
Had it not been for the telegraph
ers' strike and downward tendency of
the security market, the market UNI
doubtedly would have entered new
high territory during the week, as last
weeks sharp decline-almost cents
placed the technical position of
the market extremely strong. In addi-
ton to this, conservatives argue that
with the government estimating the
condition of the plant considerably
lower than on May Is, and with the
month half gone, and weather still
unfavorable, the next government re-
port will be considerably below that
of June 25 last year, when an i'm
provement was registered during that
period of SO points to 85.S per cent
with the government estimating the
yield at 1926, 100000 bales, ex-
elusive of linters.
Weeks Fluctuations.
At the weeks high levels the mar
ket stood within sight Of recent top
marks, when July New York; rose
to $3.50 and October to a220, or
more than 3 cents pound above
the weeks bottom quotations.
Following is the weeks high and