The Birmingham age-herald., 1917-09-12
COTTON GOSSIP
Weather


 ton region and temperatures are to 10 below the seasonable average over the northern portion l Minimum temperatures are 46 to 50 in North Carolina. Tennessee and gem erally 52 to 64 over other portions of | the cotton growing states Light to moderate showers are re- ported from the Carolinas. Georgia, Florida Texas, Oklahoma and south ern Louisiana.
 Heavy rains; Alapapa, Ga, 1.2O; | Glennville. 1.14; Chickasha, Okla, LAG; 1 Pauls Valley, 2.54 Long Lake, Tex, l .24 Kaufman, 2262; Abilene, 12; Aus tin .06; Beeville, 80; Brenham, 1.2G; Brownsville, .04 Columbus. .O2, Dal- l las, .36; Dilley, l. Dublin, 30; Calves , ton, 04 Haskell, .14; Hondo, .12; Houston, 1.SS; Huntsville. .62; Kerr vile, .42; Lampasas,s .S6; Luling, 80; Modia, .64; Palestine, 80: Quanah, .16; Riverside. .2S; San Marcos. 06; Spur, IA; Taylor, .66; Temple, IS; Uvalde, .12; Valley Junction, 40; Weather ford. 04
 To all appearances the Hurricane is headed for the Gulf of Mexico The weather bureau states that the barom- eter is falling over the west Carib- bean sea and that the center of the disturbance is south-southeast of Ja- maica and moving west or northwest.
 This means that the storm is fol lowing the same general path of all storms that get into the gulf.
 The August storm of last year which hit the Texas coast took the same course. CHUCK.
 Opinions
 J. w. Jay & Co.,. It is evident on recovery advance farmers are willing sellers.
 N L. Carpenter & Co.,: Market has apparently reached a level for the present that is a trading position and there are two sides to it now.
 Bond, McEnany & Co.,: There is no question but that the early movement of the new crop has been vigorously anticipated and we feel that the bear ish factors heretofore surrounding cot ton have been discounted by the de- cline of $35 a bale in the market.
 c. I. Hudson: "We consider the ad- vance as just starting."
 Chapin: "A large line of shorts was covered yesterday. it is said, and if so the technical position is no doubt weaker
 Jenlss Gwynne & Co.,: "On technical grounds market is entitled to good reaction which should be awaited be- fore fresh sales are put out"
 Journal of Commerce.: Southern hedge selling is steady. It is bound to increase from now on. This year New York will have to shoulder pretty much the whole load of hedge sales. Print cloths easy a considerable vol unle of sales have been made by mills on contract at prices we'll below those current last week.
 Hubbard Bros: Reaction n1a% easily go further but we expect a@constant- ly increasing pressure from hedge selling.
 Private Wire Flashes
 Riordan best buyer. Think for Le- Roy Springs; some say McFadden. One of latters men says market purchase now on easy spots
 CLEvENBURG. As yet advances are stubbornly con tested, but we confidently expect higher prices and advise purchases on all weak spots.-Hudson to Campbell.
 1 believe there is a tremendous short interest in cotton now and on any news favorable to the market, the market will have a sharp advance. The bears have discounted all yle bearish features.- Burke to Campbell.
 T Cotton market shows resistence around 20 cents and it will require decided sell ing movement on part of south to keep prices under this level--Hutton to Stew art
 k Teamsters' strike here settled. Look for increased spot demand. Central Geor- gia points write: "Outturn disappointing: don't think now will make as much as last year in this county. About 70 per cent open and 40 per cent picked. Max Kofler.
 The bull argument today is crop It makes no difference what the crop is It does make difference what the de- niand is. This is an opportunity to sell cotton -.Tnh0 Hill. Naw Work
 Market opened steady; fair demand from commission houses and shorts Liverpool on both sides. Riordan and locals sold No particular feature so far Waters. H. w. Go
 Rumored National Ginners AZ points decline in condition for half-month.- Kofler.
 Manchester cables: Business is fair in both cloths and yarns" Clarksdale, Miss, wires Complaints of rotting bols are coming in from several sections of the state."-Gluck to Campbell.
 Dallas, Tex, wires Instead of weak enng, the spot basis is higher every day Buyers are paying 15o@ points on December New Orleans here, Big short September spot interest" ."-Gluck and Campb ell.
 Houston wires: Cotton selling 125 on New York October Embargo placed on cotton from Galveston to New York |SltNtHDcTS., Posting of storm warnings caused some local buying. Gwathney & McEnnay bought December. Undertone steady H. w. & Co.
 Liverpool Cotton
 Liverpool, September 11-Cotton, spot, in better inquiry; prices un- changed; good middling, 17.35d; mid ding. 16.95d: low middling. 16.45d good ordinary. 15.50d; ordinary. 15d; sales, 5000. including 2700 American; receipts, 17400 bales. all American futures. unchanged; September, 15.77d; September and October, 15.47d; October and November. 15.05d; December and January, 14.50d; January and Febru- ary, 14.40d: March and April 14.22d; May and June. 14.06d. The above are all fixed prices.
 Clevenberg's Letter
 New York, September 1.-The firmness and better tone was due to buying by Iivarnonl less praSsllre from hedge Sall-