The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-07-27
ROUND THE TICKER
Cotton.

Waco, Tex,-Crop made good progress
past week cultivation excellent older
plant loaded with young bolls. younger
| cotton full squares and blooms. Crop
! averages two wekes late. Make condi-
ton Texas II as of 25th, Think gov
eminent should show around this fig
ure little trading in spots declined
closed country up. Last month bu-
reau Texas II. This month last year
was 81, l0-year average rs. About II
expected this month.-Beer to McFRll.
Liverpool cables Manchester gutter.
but tone good,
New Orleans.-The barobeter lines
on the weather map show an immense
high area spreading over the entire
central and eastern portions Of the Uni
ted States, which promises to domi-
| nate conditions for the next few days.
II this high is OF the same character
as previous highs 1t will cause scatter
ed thundershowers. Lines to the west
Of the belt are featureless.-S. & G.
New Orleans Weekly government
crop review tomorrow, likely be ia
vorahle as a whole, but complaint is
likely be more numerous as regards
insects. rust, shedding etc. perhaps too
much rain in localities in eastern belt.
More liquidation likely in advance Of
next Mondays bureau report especial
iy II weather remains favorable. Favor
scalping on short side. Sentiment
bearish. Call money New York yester-
day closed 10 per cent.--Beer to Nc
Fall.
Temple, Tex. wires: The crop is de-
terioratng. There is considerable dead
cotton and cotton is shedding
New York-JournaI Of Commerce
says: Early firmness due to Japanese
purchasing October and some covering
demand on higher silver but later fol-
lowed decline on the weak stock mar
b. 4.
Of high grades immediate shipment,
Wall street and West heavy sellers
Fallon to S, &, G.
New Orleans.--Corpus Christi, Tex,
wires: THE condition of the crop in
this section is 30 per cent OF normal
and from one-half to bale and a half
to the acre has already been made. The
weevil is working. in young cotton
weather is clear and hot & G.
New York - The Journal Of
started this morning Alabama
about points improvement. Mis-
sissippi and Louisiana about same as
last month rain in these states has
caused deterioration. Impression
around room yesterday was that the
market was on the verge of further
break on improving crop prospects and
lack of bull speculation. sharp de-
cline may come any time, but trade
buying led by Liverpool has and will
probably continue to act as a brake
Clevenburg to Clark & Co.
New York.-The market news is still
bearish, both as to crop and trade con-
ditons. The market, however, has had
fair decline and to that extent has
anticipated the next government report.
There is still time for deterioration
and would therefore not press the sell
ing side.-Ettelson to Clarke & Co.
New York.-Heavy early selling or
absorbed by scale orders for trade, but
otherwise demand Limited.
& Co, 10 Foster.
Taylor, Tex, wires: Numerous re-
ports cotton shedding complaint boil
worm in young cotton late planted also
needing rain.
New York-Liverpool bought on open
ing. McEnany bought 5000 October
New Orleans and South sold. Weather
considered favorable. Reported free
offerings from the South the ring crowd
conditions. Private Liverpool cables
say trade calling G. Beane to
w. & G.
Hazelhurst, Miss.-Crops are in an
excellent condition in Copiah county,
cotton blooming well, weevil not do
ing damage first expected.
New York wires; Sentiment is
bearish, but the market is oversold.'
New York.-Livermore credited with
heavy selling of stocks and cotton; bet
ter crop reports and unsettled outside
eral selling which is absorbed on a
scale down by the trade and shorts.
Sentiment very bearish.-Fenner &
Beane.