The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-27
ROUND THE TICKER
Cotton.

New York says Japanese and West
buying,
New OrleanS-what people must not
terget Is that the next bureau condi-
lion owing 70 l~ateness Of crop must he
compared with the July condition OF
last year or 7s,6-ClarK s Co.
Savannah clears 5000 bales today.
New orleans-Nothing but a bear
raid because weekly report not sensa-
uonal enough. but report is very bullish
In my opinion and suggests a low bu-
reau condition.-Clark 4 Co.
French exchange is ) points better
high as 4.2S.
New Extraordinarily unfavorable;
more so since recent general rains Of
two 10 three inches over state; six to
seven inches at some points; Il inches
az hubbard City in IS hours. Worms
increasing in some districts. Texas
crop estimates being reduced ranging
from to three million now versus four
million a month ago. Early receipts
South Texas averaging low in grade,
mostly middling and strict low mid
DING small percentage strict middling.
Beer to McFalL
Greensboro, N, C.-Florence. 8 C. To
Greensboro, N, c.; Crop looks well and
chances favor good top crop.
New Orleans-Map indicates quick
change to bad weather again; unset
tled' showers belt. some signs of dis
turbahces.-Clark & Co.
New Orleans-The weekly weather
and crop reports from the government
are fairly favorable and certainly are
not as bad as generally expected. Texas
shows up distinctly good In the west
ern malt OF the state but is disappolnt-
ing IN h eastern. or Oklahoma II is
said that this last week was the most
favorable since early July. Georgia is
doing good enough in the north, but
Is, poor In the south. Alabama and
Mississippi are rather poor, but the
CarollnaS are very good for this time
OF the year, Louisiana does not show
up well.-Shepard & Gluck.
New York-Overton, of MeFadden
Bros, says; Cotton professionals ele-
ment working on bear side but crop
reports continue more or less ~unfAvor-
able and trade showing some uneast-
ness over it. Looks as II movement Of
new crop viii be late. Believe market
VIII work higher unless we get radical
change in weather conditions SOUTH
Clement Curtis q Co. to McFall.
New Orleans-Corsicana, Tex, wires.
Considerable weeyil n worm Damage
IN this section, Too much rain. Estill,
$, G., wires; The weevil is everywhere.
Lots OF rot from the wet weather
Damage amounts to disaster in some
places.-Shepard & Gluck.
New York-Journal OF Commerce sum-
mary: h condition of cotton in Texas
Is very uneven. The northern section,
where nearly so per cent Of the crop Is
raised, has held its W compared with
o month ago. The middle section, com.
prislng about 81 per cent, Is below 70,7
per cent, while the southern section will
show up very poorly. According to re-
ports, 1t is a crop of boil worms, boil
weevils, leaf worms and army worms
rather than a crop Of cotton bolls, The
season is three weeks late, Oklahoma;
Cotton had begun to suffer from drought
when II was relieved by much needed
rains. Weather is now favorable and the
plant, though small, Is we'll fruited
and free from insects. Considerable
shedding resulted from drought and It lie
doubtful If percentage condition will
show any great decline from a month
ago.
New o~rleans--Low pressure about
west of Louisiana coast may bring bad
weather.-Beer.
New York-Very quiet, trade BADLY
mixed; want to sell on weather, but fear
more short covering. -Hubbard to Reese.
New York-I.ocal professional senti-
ment bearish; they look for decline after
government.-Cleve to Cotter & Turner,
New Orleans-Waxahatchie, Tex,
wires: Continued rains and insects have
been disastrous 10 cotton In this section,
The stalk is very large but has no fruit
Conservative growers expect a small
Yields, g. G..
Stocks.
New York.-Judge Gary's refusal to
treat with The unions means that the
struggle is now on II II may be a