The Birmingham age-herald., 1917-10-11
COTTON GOSSIP
Weather

lew light showers in the Atlantics There IS little frost on the map, although tenn peratures are uncomfortably low tor this time of year.
 Eastern Morning Weather-Birming- ham, clear, 50; Decatur, clear, light frost; Huntsville. clear, heavy frost, AZ; Little Rock. clear, SO; Augusta, cloudy 6o rain yesterday; Atlanta clear, AS, light rain; Columbus, cloudy. cold; Macon. clear, 50, rain yesterday; Savannah, cloudy. 5l: Meridian. ciear. heavy frost; Vicksburg, clear 49; Charlotte. clear, 50; Spartan burg, cloudy. 43; Memphis, clear. 50.
 Western Weather-All clear. Tempera- lures, Amarillo, 50; Altus. Okla, 50; Ok lahoma City, 4s; Muskogee, 32; Dallas, Fort Worth, Abilene, Taylor, Brownsville, Houston, Palestine, all 50; Del Rio, 54; San Antonio, 62; Corpus Christi. 54; Fort Smith, A.
 Forecast for western belt Is for fair weather with frost in Arkansas, north west Oklahoma and northeast Texas. According to private messages now con- ing in there was much more frost in the belt last night than indicated on the map. Ice formed at points in the central belt.
 Fair weather is forecasted for the eastern belt with frost in exposed places in the Carolinas.
 SIOp ouuudIy
 Texas-Weather favorable for cotton picking Top crop not promising; frost in northeast and north central counties on the 9th. The damage was unknown.
 Oklahoma-Heavy to killing frost on the 9th except in western and extreme north portions. Cotton picking pro- gressed rapidly.
 Georgia-Light frost on the 9th in ex- tremc north, with slight damage. Cotton s,x Cot .k. would do much damage in the northern half.
 Aiabama--Cotton picking nearly finished in the southern, but progressed slowly in most of northern sections.
 Nississippi-Cotton opening rapidly gem erally in the north, where much has been picked. Light frost occurred in extreme north on 9th and light to heavy frost in places Ill northern and central portions on 9th, but damage was probably only slight.
 Arkansas-Cotton Is nearly picked in extreme south, made in Central, and killed in the north by the frost of the 9th.
 South Carolina-Cotton Is still blooming in favored localities. Bulk of the crop Is made but the top crop is poor
 North Carolina-Cotton Is opening bet ter. though still very backward
 Tennessee-Cotton Is only fair, un- usually late and picking progressing slowly. Fine corn crop. Frost on 9th did some damage, but was not killing except probably in spots in the northwest.
 Florida-Bulk of cotton Is picked.
 Louisiana-Picking progressed rapidly under favorable conditions. Cotton Is generally good, the boil weevil has done less damage than in previous years. There is very little top crop.
 Private Wire Flashes
 Weekly weather more favorable than looked for. While some damage was done in Tennessee, frost was killing except in spots in the northwest. Cot ton was killed in parts of Arkansas and Oklahoma. Hutton.
 Opening irregular followed immedi- ately by drop of 20 points. Selling on warmer weather Expectations of bullish weekly at 10 a. m. partly holds market, but tendency seems towards selling on rallies.-Kofler.
 Weld has the following telegram: 45 degrees. No frost. Reports of frost in north Texas and Oklahoma, with temperatures 34 to AZ. Do not think much, If any, damage done, with tenn perature above freezing. Exceedingly light damage done Texas crops, as the weevil and drouth had stopped fruit ing. Really think light frost benefit cial."
 Some little long interest accumulated past few days. but market in a healthy condition and believe it a purchase on ali soft spots.-Gluck.
 E. F. Hutton & Co.-General situa- tion of cotton is still very bullish, but the market technically is in an unfa- vorable position and unless another frost scare develops, think fair re- action Is in order.
 J. w. Jay-Official spot markets were higher, with an active demand.
 Bond. McEnary & Co.--Opinion is practically unanimous that the crop will fall below requirements and that the cotton market will sell materially higher before the season Is over.
 Pynchon-The action of the govern ment in exercising moderate control over the cotton oil market and the an- this morning of more drastic control of the prominent com will probably have a restrain ing effect on bullish enthusiasm. In view of the advance of $3S bale in less than four weeks we continue to advise against the long side of the market at the present range of prices. feeling that sales of cotton on pro- bulges, protected if possible by stop orders within moderate Him. its. the best policy.
 Commercial says: Any develop ment which tends to shorten the yield of cotton will stimulate the determina- tion of farmers to hold their cotton for higher prices. The exact extent of the damage done yesterday is mma- terial, and the moral effect will be to stiffen the attitude of holders"
 New York wires: Wall street and western crowd sold all morning: trad- CTS bought expecting advance as frost likely to be realized later III the day.--Gluck.
 Cotton market under considerable pressure. Mitchell, Hutton, Hubbard, New Orleans and all the southern spot firms selling. Riordan best buyer Map not so bad and sentiment reac- tionary.--Clevenberg
 Heavy realizing in small market by western interests on absence of frost on Atlantic. Local traders bought. be- Ing very bullish.-Hubbard to Mike 1 Orcutt.
 New York telegrams tell of heavy i realizing by longs in that market. !! Wall street and the west have been | heavy sellers-Gluck
 Market lacks support weakening on | selling of recent frost bought cotton, and | weekly crop report showing so much bet 1 ter than expected. Looks like more real king to come.-Kofler.
 Wall street and west sold all morn-