The Birmingham age-herald., 1917-10-12
COTTON GOSSIP
Weather

continue below normal In the eastern hall of the cotton region and are near the seasonable average over most of the western belt. Killing frost and freezing temperatures occurred in central Ten nessee Frost occurred at few stations in the northern portion of Alabama and Georgia with temperatures of S6 to 42 Temperatures of 40 to A were recorded almost to the Atlantic and middle and east gulf coasts. Killing frost occurred at Corinth Miss, with a temperature of 32. No rain of consequence reported.
 Forecast: Generally fair weather Is forecast for the cotton region. It will be colder over the western half and warmer over the eastern half Frost forecasted for Oklahoma. There are reports of snow in extreme eastern belt and temperatures down to freezing at Florence. Ala. The cold wave now coming promises even lower temperatures to the northern half of the belt at least than the first cold snap. Next weeks crop reports from the government will probably have but one thing to say and that is that the crop Is done.
 Eastern Birmingham, foggy, A; Huntsville, clear, A; Memphis, cloudy 47; Columbus, Miss, clear, 36; Selma,
 
 clear, A; Macon, clear. 4s; Spartanburg, clear, 49; Charlotte, clear 51; Little Rock, clear, 6S Vicksburg, clear. 59.
 Texas, Morning-Dennison. clear, 52; Mckinney, clear, 63 Hope, Ark, clear. 60; Fort Worth, clear, 65; Gainesville, clear, 60; San Antonio. clear, 65; Dur ant. Okla. clear, 63; McAlester, Okla, clear, 62; Austin. clear. 61; Shreveport clear, 60.
 Private Wire Flashes
 Map clear and dry. Temperatures con- tinue low in east. Another cold wave of greater intensity than the last is headed toward the belt from northwest.-Gluck
 Market opens to 20 points higher scalpers buying on belief that better po- litical news from Europe and cold wave prospects over holidays may cause some advance. There Is enough bull sentiment left for spasmodic rallies, but technical situation suggests further downward ad- justment. Don't think rallies will hold and favor selling on bulges.-Ko Kofler.
 J. w. Jay & Co.,: The selling was based mostly upon nominal frost damage and predictions of rising temperatures
 N. l.. Carpenter & Co.,: In these days or war the trade must keep an open mind from day to day and base It's opinions on the events as they occur.
 Shorts in December becoming fright ened over the persistent buying of that option by the big trade houses and are running to cover. Offerings that month limited.-Hutton.
 Liverpool better than expected. If lower would buy. Would not care to be. short over holidays for fear another cold wave.-Schneider, New Orleans.
 Greenville. Tex, wires that frost dam age in north Texas has been under rated.-Gluck.
 Continued buying by spot houses and oII Ivn fho belt caused the advance. Mitchell bought 40.0O0 December.-Hutton.
 Savannah cleared 15.5S7 bales for foreign export today.
 Weimer, Tex, wires: The hoped-for top crop has not materialized.
 New York wires: Offerings are easily absorbed.
 Maxwell, Tex, wires: The crop is the shortest ever picked in this section.
 Fredericksburg. Tex, wires: No crops were made in this couty this season. Gluck.
 McFadden brokers heavy buyers of December on call.-Carpenter.
 Memphis, Tenn: Think damage very great throughout this section and prob-- cent or more. Crop ideas materially re- duced from figures sent before now, not over 11A-Pearsalls.
 Houston wires: That one firm alone in that market bought 4500 bales of spots this morning.
 Waco wires: That telephone inquiries all over the state have not resulted in any purchases and adds; Practically no selling of cotton on the decline. "-Gluck.
 Very few speculative longs in sonth. The only spots long Is farmers. Cotton buyer short either to fix price when ready to ship or hedge. There will be no unloading of spots this month.--E. F. Loveman, Tuscaloosa.
 The market improved on the good spot accounts from the western belt. Also shorts do not like the prospects of more cold weather over the holidays. Many bulls say that more cold does not matter now. and that there Is no use