The Birmingham age-herald., 1910-09-19
WEATHER REPORTS INFLUENCE MARKETS Rains After This Will Be Bull
 ish Feature BIG OKLAHOMA CROP Indications Are That Receipts of New Cotton in Southern States Will
 Be Large in the Next
 Few Days
BIG OKLAHOMA CROP

New Orleans, September 1S-(Special Weather reports promise to serve as the principal factors in the cotton future
 markets this week. The forecast for
 over Sunday was for fair weather and | sh ould the map reflect such weather
 when the market opens the advantage
 will be with the short side. The trade
 has about made up It's mind that it Is time for fair weather everywh ere and that rains will be of no more benefit, consequently rains after this will be looked upon as a bullish feature, no
 matter whether they fall in Texas or elsewhere.
 Reports from all sections of the belt
 will be eagerly scanned, for this is the
 last week in the last period of the sea son in the schedule of condition re- ports. The period ends next Sunday and by the week end the first of the private bureau reports on condition will
 have made their appearance. Already
 there is the usual dispute over the fig
 ures of percentage and 1t looks as if the opinions of traders In regard to them will be wider apart than usual. The coming report issregarded as inn portant.
 pected that the Oklahoma crop will move in some volume and that state will be in the limelight as never be- fore in its history as a cotton raising
 section. This is due to the claims of a
 bumper crop that have been made for 1t
 by the bears. The indications are that | receipts of new cotton in the southern | parts of the state will be fairly large
 within the next few days and the bears
 will use them to clinch their arguments
 concerning the total yield.
 | Night temperatures will be import ant once again this week, for even dur | ing last week the weather was cool enough In some of the northern sections of the belt to warrant the claim that
 the growth of plants was being checked. | Colder nights will be used by the | bulls as an argument to prove that
 recent rains have been of no real ben | eft. They contend that the new growth put on by plants will never reach ma | turity.
 Little has been heard of ginning of
 
 more interest in this department of the industry, for the first period of the sea son in the regular reports on ginning | from the census bureau will end on Sat urday This will start the season for a number of private bureaus that have more or less influence
 The bureau report will not be is- sued until October B. As yet there has been little dispute over ginning between | the two sides of the market but the movement Is small enough to allow the
 bulls to make strong claims and it Is | likely that the market will be inhu- encsd more or less toward the week
 end by the dominating opinion In re- | gard to the census returns.
 The bills of lading question will grow | in importance this week unless some definite agreement is reached between American and English bankers in re- gard to the method of guaranteeing bills. The time of large spot trading and shipments Is fast approaching and anything that will hinder trading in ctual cotton will be feature of great | importance.