The Birmingham age-herald., 1917-10-23
COTTON GOSSIP
Weather

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 New Orleans.-Cotton region sum- mary: Temperatures continued general ly to IS degrees below the normal during the last two days Temperatures were freezing or slightly lower in Oklahoma Arkansas and extreme northern and east Texas Sunday morn ing. Temperatures of 34 to AZ occurred nearly to the coast in gulf states ex- cept Florida Sunday and Monday. Heavy frost and temperatures of 32 to 42 occurred in the Carolina's Monday. Light showers fell along the North Carolina coast
 Weather map is clear and dry. Tenn peratures are low and there is consid- erable frost in the belt. In the north west the cold wave is intensifying into what looks like the coldest snap of the season, with barometer reading in its center of 3O.S. However, it is nov ing rather far north and may not stl ike very deep into the belt.
 Forecast: The official forecast pre-. diets extremely cold and disagreeable weather for this time of year. Fair to- night is the forecast for Louisiana, rain Tuesday night and much colder Wednesday with freezing in the north; rain and colder for Arkasas, rain or 5liOW aitN COlucI LOT OkldnOIHd, TdlI dIlQ colder for east Texas with freezing in north; cloudy for west Texas with snow in north, much colder, ternpera- lures of 20 to "A in Panhandle. The forecast for the eastern belt calls for fair weather in the Caro1inas but more or less rain in Georgia, Ala bama and Mississippi Back of rain is colder weather.
 Opinions
 New York.--Weld: While we think an even position is probably advisable for the present. we believe long holdings should be liquidated at existing levels. Bond -McEnany: Outside conditions are receiving more attention just now and 1t may be that a period of liquida- tion is at hand.
 1 Hutton: The market is in a less strong condition and acts as though this price discounted the circumstances ! Pearsall: The New York Tribune this morning publishes long article in which it is stated that the United States is seizing a vast amount of cot ton held for Germany The amount is placed at a million bales, valued at S14S,250,000 Most of the cotton was said to have been purchased at from Sc to 15c a pound
 McElroy: Think cotton has seen the top for sometime to come, expect the seizure of the million bales of cotton held in this country by German inter- ests by this government will result in distrlbution by our allies and reduce competitive bids for daily receipts. Pynchon: At present we advise 5000 hotels and restaurants in Illinois should be made on bulges.
 Private Wire Flashes l New Orleans.-Liquidation has been
 general and has forced a fairly wide de- | cline. It is doubtful if the lower range Of prices can be maintained in the face
 or approaching spell of nasty weather TOT the cotton belt for while it may be | true that the size of crop cannot be re- ouced much more by weather conditions, ram, snow and ice can and will stop pick | ing and lower the grade.-Gluck. New York-Heavy frost reported in the Atlantic states Saturday night A local newspaper publishes a long article about seizure of vast amounts of cotton by united States held for account of Ger
 many. The amount is placed at 100000 I bales
 The market acts over-bulled and does
 not respond to the frost news and other pullish factors as in the past-Hutton 1 New Orieans-Much is being made in l some quarters of absurd rumor that the United States government will take over
 l,Vo,0O0 bales of cotton now held for Ger
 man account in this country and use it for its own purposes and that of it's allies.
 The report fails to state where the Ger
 mans have concealed this million bales 1 The entire visible supply of America n
 cotton today is only 2107, 600 bales -Gluck. l Columbus, Ga.-F'uliy 775 per cent of crop adjacent to this territory has been
 picked and sold. Available stock very I light.-Munn.
 | New York-Heavy outside Wall street
 selling short interest accommodating; man
 forecasts another cold wave.-C H. Goth l ran.