RISING COTTON.

Dominion, Volume 3, Issue 802, 27 April 1910, Page 5

RISING COTTON.

THE WEATHER FIGHTING FOR THE "BULLS." By TeleiraDh-Presß Aesooiation-Ooßyrlßht New York, April 25. Frost has killed half the cotton crop in Georgia. Aβ the cotton must be replanted, the prices of. seed are at a record figure in New Orleans. There has been a big jump in the price of cotton in New York and New Orleans. STORM AND FROSTS. NECESSITY OF REPLANTING. ' (Bee. April 26, 0.30 p.m:) ■ .. ': New York, April 26. . Further reports, of the damage to the cotton crop by tho. weather show that a large area is affeoted. It is reported that in Alabama thousands of acres are, affected. The crops in Louisiana, Mississippi, and Texas have also been injured, and the cotton must be replanted. The ■ storm is sweeping eastward, leaving in its trail ruined crops and stripped orchards. Heavy frosts have occurred in the Ohio Valley, and in the interior of the States bordering on the eastern shores of the Gulf of Mexico and the South Atlantic. . . , ■ ' (THE.BANKRUPT BROKERS. (Rec. April 26, 9.30 p.m.) , ' London,. April 26. In connection with the bankruptcy of the Alabama cotton Knight, Yancey, and Co., the receivers have obtained an injunction preventing tho shipment of 4200 bales of cotton to Havre under bills of lading issued'by Knight. THE LEADING "BULL" MOBBED..

Mr. Patten, the "bull" leader, and prophet of high prices, relied mainly on the growing demand and the depredations of the boll weevil to realise his predictions. Now, it seems, the weather is fighting on his side. The English mail brings the following particulars of Mr. Patten's hostile reception in Manchester:

Mr. James Patten, the Chicago wheat 'and cotton speculator, had an unpleasant reception at Manchester during his visit to England. Feeling in that city was very bitter against him, as he Tiis cue of the most prominent of the operilors whose action it was considered has brought about a considerable rise in the prices of cotton. It became known that Mr. Patten was to visit the-Exchange, and there were over 3000 members on tha boards when he appeared. Immediately: he entered the Exchange he was greeted with hoots and shouts. The crowd jostled him out of the building, aid into the street,_ where another crowd was awaiting Mm.' There his reception was. also very hostile, and people booed him and shook ■ their : fiste at him. It seemed at one time that he would be assaulted, but Mr: Patten managed to escape into. some offices, and thence evaded the wait-, ing crowd, by making his way into an' adjacent building through a fire door. He had also intended to pay a visit to the Liverpool Cotton Exchange, but at tho suggestion of the committee postponed his visit: .'"..■'."'■ ■.