The Birmingham age-herald., 1917-10-16
COTTON GOSSIP

cotton region summary: SLOWLY rlS- ing temperatures have prevailed over the cotton region during the last AS hours. Heavy to killing frost occurred in North Carolina, northeastern South Carolina Sunday morning with tenn peratures of 30 to 40. Temperatures are now generally slightly above the sea- sonable average in the western and slightly below in the eastern states. /, Light to moderate showers have fallen on the gulf coast Heavy rains: Tam
 pa, Fla, PA; Texas, rainfall, Alice, "A; Galveston, AS.
 | Western weather: Mckinney. Tex, cloudy 72; Gainesville, partly cloudy, 55 Waco, cloudy, H. Houston, heavy fog, 65; Durant, Okla, cloudy, 69; San Antonio. cloudy, threatening, 70; Little Rock, Ark, clear, 6s; Denison, cloudy, 50; Guthrie, clear, 61; McAlester, clear, 5o sherman. cloudy, 67; Fort Worth,
 clear 67; Muskogee, clear. 6s: Tex arkana, clear, 55; Paris, foggy, 57; Austin, cloudy, 6S; Ardmore, cloudy, 50; Galveston, cloudy, slow rain all day, 70; Dallas, partly cloudy, 6s Forecast: The official forecast calls for fair in western belt, fair in Caro- linas except for rain on South Caro- lima coast; partly cloudy for Geor- gla; showers in south; partly cloudy Tor Alabama and Mississippi, with showers near coast.
 Hutton: Light frost reported at Lit tie Rock and Montgomery on Satur day but indications point to a rise | Tn temperatures this week. Thursdays advance due largely to fears of frost over holidays which from early ad- vices failed to materialize. Although position of cotton is strong we do not favor following advance.
 1 Journal of Commerce: Cotton sunn1,. situation is reported to be consider
 aoly improved. It is believed that at the end of the period of curtailed pro- auction the board control will great I " modlfy It's restrictions and possibly remove them altogether. Good progress
 IS reported to have been made. Weld & Co.,: While speculative buy ing continues in this market and in | the south, no material decline is likely to occur. and until the crop moves l freely and better idea of it's size can I De formed we advise an even position on the market.
 Roller: Market does not look right al all; seems exhausted from bull ef
 lorts around opening. Technical con-
 dition Is outright bearish Without
 some news to stimulate it think we VIII see an increasing tendency to | liquidate. "
 Hubbard to Orcutt: Thursdays buy 1 CTS taking profit Trade generally can
 not bring themselves to believe dam
 age was so great as report.
 Look for excited and higher opening.
 pu. tnlnk caution should now be used. tHougn higher eventually.-Schneider
 Government rainfall average for Texas
 Tor September 1.59 inches, or .S5 below normal.-Kofler
 | Liverpool good buyer. Good demand 1 Tor December again today. South selling more freely.-Hutton.
 Killing frost and freezing over large
 section over holidays would buy on re-
 cessions.-Cothran to Orcutt. i Sulphur Springs. Tex, wires: Reports
 rom our buyers and personal obserya-
 tIon confirm reports that recent frost did
 serious damage, especially in the bot 'soms where all foliage is killed We be-
 neve chances for top crop gone This is serious m north Texas, where crop is
 three weeks late.-Gluck to Campbell.
 Atlanta wires: We consider the frost
 m north Georgia is killing in all low
 places, m cutting Georgia crop around 200
 00O.-Gluck. New York wires: West. south selling.
 Liverpool and Wall street buying. Gluck,
 The market Is up on killing frost of
 Saturday in eastern belt-Gluck.
 onerinss from the south are freer- don't care to follow the advance.-Hut. ] ton.
 Spot brokers say that spot prices here are at least cent pound higher Tus-
 caloosa wires that prices there are eoua, to 2S cents in this market Columbus,
 Ga., wires that 27Nc was just refused in that market.-Gluck.
 Too much speculation in spot cotton Would not hesitate to sell 1t for a rood
 turn.-Burke. Memphis
 heports this morning from Arkansas and west Tennessee. where cron .nros.
 poets best claim crop calamity. Spots
 bringing 2sHc gin run.-Memphis. l Country is not paying any attention to
 urday's market.-Gluck.
 Realizing and weakness of stocks i caused decline.-Gluck.