The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1917-09-16
CoTTo5J GOSSIP
Weather


sonable temperature conditions prevail
over the cotton region, with minimum
temperatures generally 81 to So. Heavy
rains have occurred in North Carolina
ana light to moderate rains in South
Carolina, Georgia. Florida, extreme
southern Alabama and southeastern
louisiana. Heavy rains: Weldon. N. c.,
~; Goldsboro. eco; Newborn. asa Lum-
oerton. LA; Raleigh. 49, Wilmington.
4.l8; New Orleans, 1. Texas: Rain at
Kerrvtlie. OF Huntsville, raining; Sa-
vannah, cloudy. 10; Charlotte. raining
%; Little Rock, clear, Y; Memphis
cloudy, II; Columbus, Miss, 70; Augusta,
partly cloudy, 6S; Atlanta, partly cloudy
81, light rain; Meridian, clear, 70; Spar
tanburg. cloudy, 6s; Macon, cloudy, ~;
light rain; Vicksburg. clear, s.; Decatur,
cloudy, 70, light rain.
Texas weather: ALI clear, GA to 70; Hope
Ark, partly cloudy, 80
The eastern belt forecast calls for
cloudy and unsettled weather. with show
ers in Alabama and Mississippi and rain
in west North Carolina.
Unsettled and showery weather Is fore
cast for the entire western belt
The bureau report says another trop-
tcal disturbance Is appearing over the
Windward Islands.
Map indicates bad weather entire belt,
general rains southern part particularly
turbance moving toward Texas. This
means that the storm In the south At
lantio has a greater chance to work to-
wards the gulf over Sunday.
The weather bureau Issued g. small
craft warning for the Louisiana coast
because of disturbance in the gulf.
The barometer here, however, Is now
rising. A storm warning is out for
the Georgia and Carolina coasts and the
disturbance in that vicinity, moving
north, Is said to be increasing in inten-
sity. 1t does not reach very far inland.
Opinions
q. B. Hutton Sc Co.-All things con-
sidered, we would recommend eau
ton on short commodities. at least I'M
til we are nearer to the counting of
the bales in the northern half of the
belt.
N. l. Carpenter & Co.-The German
reply to the pope's peaGs note is on
Tits way to Rome and the newspaper
comment Is that it outlines method
to assure an enduring peace. 1t would
be folly to remain short while this is
in the air. but after 1t is out of the
way we think short sales will again
be in order.
Hubbard Brothers-"Judging from
the momentary outlook the short in
terest created early in the week has
been covered"
Wagner.-Saturdays is a half holi-
day and little chancesto trade between
opening and closing and for that rea-
son no decided change may be looked
for. Yesterdays attempt at an ad
vance in its final finish shows the
bulls do not care to linger overnight
| and what Is true of the bulls is equal
ly true of the bears.
We are inclined to think the &C
| emulation of spots over Sunday will
make themselves felt in Monday $
market unless something of a political
| nature turns the market bullish over
Sunday.
Pynchon.-we would sell cotton only
on the most pronounced advances.
Hudson.-Raiding tactics suggest
desperation. that at the close last
night particularly. We think bear in
terests have much overstayed their
market and expect higher prices
McKinnon.-Big spot people are
bearish on cotton: say southern banks
will not advance money at this level
to encourage holding; that growers
will be forced to sell. and that with
exports curtailed and commercial
crop Of 14,500.o00 in sight the mark ct
should be sold on all rallies.
Private Wire Flashes
Ticker reports say submarines are re-
ported off Cape Hatteras. Riots are
reported in Austria Rumors that Liv-
erpool will resume future trading Mon
day do not appear to have a good foun-
dalton. According to the best informa-
ton to be had, there is a movement
or foot to reopen October 1.--Gluck to
Campbell.
Dallas. Tex. wires: We find semi
monthly condition. whole belt, 64.S;
Texas, 56.2; only state showing improve
ment of IA. North Carolina and Ten
nessee unchanged. Other states show
decline: Oklahoma, &C.; Arkansas, 70;
Louisiana. 60; Georgia. 50; Alabama. 65:
Mississippi. IS; North Carolina, s.; Ten
nessee. 80. Declines due to rains and in
sect damage.-Southern Products Co.
Scales wires from New York the world
has consumed 100000 bales more, cotton
the last two years than has been raised.
Cotton Is big buy around 20 cents for
long pull.-Burke Chicago.
Cotton opened steady, little change in
overnight news. Liverpool, weld brokers
and Wall street Sold Most of weekly
trade reviews are favorable-Wa terson.
H. W. Co.
New York.-McFadden good buyer
Clevenburg.