The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-07-31
ROUND THE TICKER
Cotton.

.; South Carolina. 1928, decrease "A:
Georgia, I2.5, decrease rs. Alabama,
61.2, decrease, IL; Mississippi. 66.l, de-
crease 2 Louisiana, So, decrease 8
Texas. 70.7. decrease 3; Arkansas. Sos,
decrease II: Tennessee. 70.5. increase
~; average. 70.l, decrease Is.
New orleans-SpOt people report a
| good deal more inquiry and demand for
forward offers, One party said he did
over 5000 bales fall business yester-
day partly to American mills and part
ly foreign mills.-Clark q Co.
The journal OF Commerce condition,
O.l, decline l.3.
New Y~ork-Average guess cotton exs
Ichange members, $50.
New 6ork-Journal OF Commerce
says this is the lowest condition figure
reported in 10 years. TO be computed
on an acreage of 1880, 600, which is
the smallest since 1915.
New York-Fourteen million yards
textiles auctioned yesterday by gov
eminent at current prices.
New York-Yesterday's boom too
sudden to let big short interest out;
expect them to run today.-McElroy.
Birmingham, Ala. wires: The Ala
bama crop is making fair progress but
in many spots 1t Is very
and very favorable weather will be re-
quired to produce anything like All
OfVlohN SAON
New York-Jap brokers and bearish
professionals selling in absence support
-Clevenburg TO Cotter g. Turner.
New York-Market will probably be
we'll evened up today in anticipation
Of the government report tomorrow
then a new move on 1t =" II is inter-
preted. But with the good weather
at the moment. Liverpool and the
South were sellers.-Fallon to Shepard
& Gluck.
Cuero, Tex, wires: Cotton Is too
rank and the boil weevil is everywhere.
having already ruined the bottom
crops.
New York wires: Liverpool was a
fair seller on the opening. There was
some Wall street selling also"
New Orleans.-The demand for spots
in the South remains unsatisfactory,
but exports, representing old business,
J likely be large near future. Weather
! conditions probably will attract more
wanted in Oklahoma and Tennessee,
probably in Arkansas, elsewhere dry
warm wanted. Sentiment confused Tor
! present.-Beer, .
New Orleans.-Liverpoo! cables:
Some continental buying at the open
} ing followed by further long liquida-
ton. Improved spot market, but stili
New Orleans.-Market requires con-
| slant support, otherwise likely rule
easier. Weather generally favorable.
cooler probably showers northern por-
!. ton western belt where rain needed,
Likely rave more rain in corn belt,
l probably causing lower prices that
. cereal. Official last e crop was,
bales, equivalent 12,040,5 32 Of SOC
pounds gross weight; Texas, $50, 33T,
Z equivalent to 2,696,561 of 500 pounds
gross weight, linters not included
Beer to McFall,
4 st. Louis.-Under dat Of July 80
1 Lesser-Goldn.an issue the following re-
I port: ADMINISTRATION Arkansas has
Received fairly good rains, and the croI
4 Is doing nicely, Cotton that was cleaned
Of grass before the early rainy perioo
4 is doing fine, and there Is prospect Of
as good a yield per acre on the aver
Z until after the rainy period seems L
be growing nicely, but has not put OF
fruit and is very late, Conditions II
the belance of'the state are spotted, bu
y as a whole there is steady Improvement
Bottomlands apDear to be fru!ting nice
" ly, but the uplands are about at
standstill, due to lack of moisture
Y Fields are generally worked out yer.
" nicely and labor is sufficient at tn,
!. present time. Observation-Disclosures il
VIZ I'll oilo NCSNNlh N
. bona have improved materially. SUI
ficient rain has been received to kee,
the plant in good condition. In East
ern Oklahoma cotton On the best up
J lands, and also bottomlands, looks goot
but on the sandy buttom1ands and poor
or er uplands cotton ~ suffering an
needs rain. We think Oklahoma as
whole has shown -oeciced improvement
n during the past week.
New York wires: Japanese. Liver
Us pool brokers selling. Renewed llquida
ton catching stop orders. Marke
er easier owing realizing and continuance
good weather. II bureau tomorro,
under 70.3 will be lowest July rs con
, dition on record, Flora. Miss. Poor
t. est cotton crop prospects this sectio
ri since 1909.-Beer to McFall.
f. New Orleans-Report from Alabam
- crop.-Clark & Co.
" New York-Market eased on sellin
by Liverpool and local traders; YER
n. narrow and quiet, would await bureau
but this market pretty well l~iquidateC
-Gwathmey to Foster.
New Orleans-With the crop onl
r to be moved on a credit basis, OWN
to financial conditions abroad, and for
C; eign debtor nations only able to re
ID. deem partly with their products.
looks like everything will decline
n; Clark & Co.
New Orleans-Rains are being report
ed In Alabama today along with III
Augusta wires: "These showery cond
=, tons are what the eastern belt wants,
re- New York wires: "A big local spc
y" house is bearish, short and hammer
ing. The trade Is the best buyer
Shepard & Gluck.
10; New Orleans-It looks now as
Hester's annual figures will not be is
y. sued until late today. The Journal
Commerce condition report Of 70
ly. against ia a month ago, has serve
to cause many bearish traders TO r,
wise their bureau opinions to some e'
tent. Galveston reports 1o3,416 bali
on shipboard. Nev Orleans has 81,
IS: SIG on shipboard against s,24l la
Is year.-Shepard e. Chuck.
On Sterling exchange is quoted VI
y changed this morning at Abs.
New Orleans-Spot demand in
90 proved; this reflected In strength
90 the position.-Fenner to Gustafson,
IS Grain.
Memphis receipts: Corn IL, oats
and hay "A cars.
Hog receipts: Chicago 5000, Omal
6, 800, Kansas City 5000, Sioux City $50
;ar st. Joseph $500, st, Louis z 900.
u Chicago receitps: Wheat S29. on0, col
131, 900, oats 40G, coo. Shipments: Whe
1872. coo, corn $4,000, oats 275, 1000.
st. Louis receipts: Wheat 37i,OC
corn $4,000, pats 9O,0 900. shipment
* Wheat 12G.NO corn 26, 1000. oats 30, 00C
:, Chicago-President Wilson and j.
~ Illus NJ. Barnes, held a conference yet
terday and it was announced that
,nutt statement on the grain situation "
n."s be issued within the next few days,
So Chicago-Anxiety over prospect
ng corn crop surviving many more da
of hot rainless weather is e.
eel pressed in weekly crop report issu'
in Today by federal meteorological depar
ment, Report states no rain fallen
ort Kansas during past week; hot weatI