The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-26
ROUND THE TICKER
Cotton.

opened the last week In August With
generally firm tone and Improvement
IN demand. Further fractional gains
were reported In print cloths. There
are numerous secondhand offerings to
be had Stil in some quarters, but hold
erS are quick to, follow the market up
w~ard-Pearsail
New York-Paui Pneiger cables from
Rotterdam stock cotton increasing. no
demand Germany and Belgium. demor-
allied by low exchange .-Cleve to Cot
ter a Turner.
Corpus christi wires; Crop this sec
tion very spotted; however. believe this
country will make about average crop
New orleans,-Think good deal OF
short interest yet TO cover over bureau
ana tendency market higher also on
bad weather out'ook-Clark & Co.
The National Ginners' association is
u with a condition Of So 5 against 69.S
on July rs. This Is a drop OF 6S points.
or about the naturaI deterioration FOR
the month, II points 10 a crop OF H.
soc, 900.
New Orleans.-Runs are talking about
more tonnage being allocated to the
gulf ports but bears are asking how
this concerns the cotton trade with ex-
porters unable to put through any new
business,-Shepard & Gluok,
New orleans.-Possihle developments
IN future 10 TO l In favor long side.
Weather interior more unsettled than
expected, Small receipts light GIN
nings, larger exports, decreasing stocks.
likely. possibility OF storms and early
killing frost and insect damage have
TO be reckoned wtth,-Beer to McFall,
New York-Thin market. profession
ais and Liverpool selling -Cleve to
c, g. T.
New Orleans-Market very sensitive
to orders either way. Numerous COM
plants weevil worm damage. No de-
mand spots, Look for erratic changes,
preferrtng selling on bulges for the
present-SChneider to =. g. G..
New York-Very small featureless
market; locals still bearish and selling
again on easiness Liverpool, but under
tone good.IGwathmey TO Foster,
Some wires to Beer. Morriuton, Ark
Taken as a whole, the crop this section
The sorriest ! have ever known IN about
70 years, HazlehursL Miss lit looks
like South Mississippi will not produce
anything like the crop we had last year.
San Antonio-Crop in South Texas go
ing to the bad. WIN make smallest crop
IN years later h most of years, We
don't believe Texas will make much
over 1000 80 bales,
New Orleans-The easiness OF the for
eign exchange market in the face of
all the talk Of late about what is being
done 70 stabilize the market Is caus-
ing selling OF cotton IS, & C,
New York-Journal OF Commerce
summary says: North Carolina Excess
stVe rains have made a large plant, hut
poorly trUited, while shedding rust and
red spiders prevalent, Grass heavy and
the crop is two to three weeks late. The
~npTrpnlAph condition will ghnuy "a 1nFt
siderable falling off from q month ago
when 1t vas 7S,4 South Curolsna-C6t-
ton seriously damaged by recent excess
sive rainfall, While the plant is large,
II Is poorly fruited and shedding freely.
Insects have done little damage. Pick
ing VIII begin about Sept. !. Percent
age VIII be lower than a month ago,
when II was 1871, Georgia-The boil
weevil in Georgia is causing considcra-
BILE damage, The plant Is large, nut
poorly fruited, and cultivated poor on
account rain, Shedding general, but
not above normal. The season il two to
three weeks late, Condition will show
a falling OF from last month when It
was 72.5.
Liverpool cables: Steady, some llqui-
dalton absorbed by trade buying.
New York-Very quiet locals selling
on idea better weather bring Southern
selling,
Beer had these wires: Austin, Tex
Estimate condition Texas crop SO. fully
30 days late, Estimate Oklahoma con
dition 70, about two weeks late. Texas
needs continued dry weather. Florence,
S. C.-Augusta to Florence, crop holding
own well, Think deterioration less than
normal. Unless have early frost looks
like Will make good top crop,
Dallas Cotton and Cotton OIL News
says: I'VE consider 1t an impossibility
Ito make more thar II, 000, 900. In fact,
ing good crops"
Fort Worth, Textile condition OF
crop In Texas, according TO president
of Farmers Cooperative and Educa-
tional union, amounts almost to a
failure; As per cent Of a crop, indicating
approximately 2,617,0O0 bales for the
state.
New York-Weld's Texas traveller
places condition Texas crop at 50, and
says crop 30 days late, and should real
ly be compared with a July 20 condl-
ton, he says state has had too much
rain. Condition crop placed at 70, sea =
son two weeks late.
New York-Big advance English con
soils from sou yesterday to SIN today,
something favorable must have hap
pened in International affairs.
Little Rock, Ark, wires: Consider
that Arkansas weather Ia favorable for
the good development of the crop. with
open, dry weather and a late frost can
not help but believe Arkansas will show
up again with owe 99O,0 900 bales"
New Orleans-Bullish private reports
and low temperatures responsible for
today's buying, -Fenner to Gustafson.
Grain.
Memphis receipts-Corn, none, oats
20 and hay 16 cars.
Chicago receipts-Wheat 1893, 900
corn 2l5, 900, oats 1881, 900. Shipments
Wheat, 42O, 900, corn SO, 900, oats 2O3,
600.
st, Louis receipts-Wheat 373, 600
corn $4,000, oats 100, 900, Shipments
Wheat $4,000, corn 1900, oats IS, 600
Chicago-Ft, Dodge, Ia, wires
Samples new corn here this morning
from near Duncombe, Ia, ears wei
filled and out OF way Of any frost,
Chicago think 1t would be well for
some Of the bears in oats to look al
the movement In August to primary
markets. They are 90 900, 900 less thar
a veal ago. This surely shows a small
Crop.-Clement-Curt a. Co. to Nc
Fall.
'ulfbEO-hIlPF " DTtHh OF 30 Genus 1T
corn and everybody selling It short dis
count of 80 cents a bushel cash aud
40 cents u bushel under September with
their principal reason that a few car.
loads of Texas corn Is being Offered
and sold In few places in North al
about $3.50, this certainly looks like a
brainstorm to me and Is much like the
selling last winter Of short corn be.
cause Argentine had a good crop
O'Brien to Fetal.
Chicago-The. British food controller
has decided to maintain control of price
for beef through the coming winter, A
knew scale OF prices Is being prepared
which may reduce the present figure
Broofhall.
Chicago-Ten ears Of new Texas No
. white corn were sold yesterday by
John Barnett to the Armour Grain
company to come to Chicago. This Is
the first time in the history OF the
trade that new corn has been sold from
Texas to Chicago In August or any
other time, 1t was for shipment in Il