The Birmingham age-herald., 1917-10-07
COTTON GOSSIP
Weather

Weather
 Map shows fair over entire belt; no rain, no frosts; temperatures are above over Texas and Oklahoma. cool spell over Arkansas Tennessee and Caro- linas. Indications are for increasing cloudineSs, warmer in western half of belt; generally fair and cooler in Ten nessee and Carolinas. Yesterdays frost predictions for Texas were a humbug, merely to stimulate the marke.--Kof- Ter.
 Birmingham clear, 4S; Decatur clear, cold; Huntsville clear, 4S; Little Rock clear, 5S; Augusta cloudy, 6s, showers yesterday; Atlanta clear, 49; Columbus partly cloudy, cool; Macon clear, SO; Savannah partly cloudy, CT; Meridian clear. cold; Vickburg partly cloudy, 52; Spartanburg clear, AT. Memphis clear, AZ; Charlotte clear, 54, rain last night
 Texas weather: North Texas clea.', 53; central Texas generally clear, 67 east Texas generally clear, 5S; west Texas generally clear 58; gulf coast generally clear, 75; Louisiana generally clear, 65; Arkansas clear, 59; Okla homa generally clear, A.
 Tho forecast calls for fair weather over the entire cotton country with some warming up in western portion, but colder weather in eastern with frost in the more northerly sections. It is quite possible that part of the crop will get frost over Sunday.
 Opinions
 Moyse & Holmes: There was little pressure from hedges, but on any ad- vance the market meets sales from this source and it looks like that certain amount of cotton must be liquidated at this level
  sessions we advise caution in buying.
 Hutton: Technical positions have re- lieved by the covering of shorts and we think it advisable for the present to make purchases only on big breaks.
 Jenks Gwynne & Co.,: Look for much lower prices.
 Chapin: Prices are on too high basis to invite purchases under existing condi- tions.
 s. M. Weld: We doubt very much whether exports from the United States this year will reach 5000, ,000 bales.
 Pynchon-We continue to advocate a trading position, preferring buying on all pronounced weak spots.
 Schneider: Look for scalping market today with limited fluctuations unless something new arises. All waiting for ball game.
 Norden: Advances of 7c a pound have rarely been attained without a sharp downward movement ensuing, and while we think chances favor still higher prices in long run, we advice caution in buying except on good reactions"
 Private Wire Flashes
 The market is doing better on the official forecast of frost in the more northern portion of every state in the eastern belt, except Florida. There is some realizing on long cotton, but the 1a,r, ar,6 tc hain onx y11ea -Gluck.
 Some buying on cooler temperatures in the Carolinas but map readers see little Likelihood of frost working into cotton belt. Would not follow advance. Jung.
 New York says spot houses and Wall street buying. Market advancing cas- fly on account Saturday narrowness. 
 Market is meeting lot of cotton on this bulge. Mitchell trying to hold 1t, but his buying Is only support.-E. F. Hutton.
 Lower temperatures in Atlantic coast and east gulf states. but there are no indications of frost. The attitude of the farmer in the south will have 8 great deal to do with prices in the near future and as ginning increases we look for more hedge selling. While  at times, it requires constant support to sustain prices.-Jung.
 Spots quiet but firm, but demand IS slower account difficult export condi- tions.-Kofler.
 Dick wires; Very bullish. Times Picayune. Expected Monday. c. H. Cothran to Orcutt.
 Colder weather Memphis brought buyers to absorb Liverpool offerings. to Orcutt.
 The weather map shows the cold wave over Illinois and Ohio going northeastward. There is no danger, in my opinion, for the cotton belt at all, but they may have some light frost temperatures lover east Tennessee and Carolina mountain districts followed by warmer generally over Sunday Roller.
 On October 16 cotton trading cor poration will pay the amounts of un- paid principal and interest of the out standing notes of the corporation.-H w. Go.
 Produce Market