The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-07-26
ROUND. THE TICKER
Cotton.

New Orleans Continue to favor sales
on important bulges until after bureau
next Monday. Liverpool win be closed
Aug. :, bank clerks holiday. Beer to
McFall.
New York $. NJ. Weld n co.'s trav-
eler wires. Inspected crop i'm Ellis,
Hall and McLennan counties today.
Found conditions good. cotton growing
and frutiug fine. Estimate condition
In Texas Is, IN oklahoma 10. lt condi-
tons hold good for 80 days Texas will
make big crop.
New York.---W. Il, Grace e 60. re-
eeived following from Shanghai Satur-
day: commercial and financial COndi-
tons In China considered as improv-
iRg a London dispatch to Journal Of
Commerce says American cotton goods
yarns were firm last week and bust
ness occasionally brisk The monsoon
was lighter but Is well distributed,
China is quiet and conditions there bet
ter.-C, G. & Co. to McFall.
New York-ln/ any case, crop is
problematiCal and yet new crop months
are to s cents under Southern spot
quotations, Selling them short at such
discounts looks TO some like carefully
inserting ones head in the lions mouth.
This Is a buyers contract The mills,
TOO, are not believed to be carrying big
stocks of goods, the worlds goods mar
kets are reported bare. The Far East
has stopped its reckless trading. I'm
provement will gradually come.-JOurnal
Of Commerce.
New York wires: Japanese and trade
brokers are buying December. Liverpool
is also buying. New Orleans is selling
New Orleans.-The weather map is
the best in many days. Almost no rain
is shown on the belt, the only moisture
being a few light showers widely scat
tered over the eastern divisions. e. G..
New York wires: THE market is re-
ssting at the decline. October is in
good demand and some trades figure
that ultimately it will go the way July"
S. & G.
New York-w eissmann, of Clark
Childs & Co, says: Southern banks are
calling loans, forcing liquidation in cot
ton. The buying power is very limited.
Sell cotton"
New Works.. NJ. Weld e. Co. say
Fall River mills are talking more seri-
Ddsly about curtailing. For past week
the sales in this market have been very
small on cloths.
New Orleans.-Today is last notice
day for July in this market. A few
notices were issued this morning and
promptly stopped which accounts for
the strength of July.--S. & G.
New York-Demand for American
yarns, in Manchester is reported much
better Out-of-town buyers in Worth
street this month have made few pur-
chases, bid and offered prices far
apart. Dallas wire says plant looking
fine but infested with weevil.-CleVe to
Clark & Co.
New York. Message from Texarkana
says Texas has a chance for making
bumper crop.-Cleve to Clark IL Co.
New York.--Very quiet, Liverpool
bought, some Southern selling on bet
ter weather, traders think sold out
Hubbard to Reese.
New ans.--Unimproved trade out
look, unrelieved money stringency and
foreign political complications with con-
tinued crop Improvement and traders
anticipating bearish government condi-
ton continue, Expect ultimately lower
prices, prefer sales strong periods
Newburger & Co. to Foster.
New York-Demand small and tone
easier on Wall street and local short
selling on favorable crop reports and
bearish trade dition.-Gwa thmey to
Foster.
New Orleans.-New York wires: For
eign trade houses have been buyers of
october" Dallas, Tex, wires: THE
basis in South Texas is much higher
Too much has been sold, presumably
for August shipment '-Shepard 4
Gluck.
Sherman. Tex.-Present prospects
cotton crops oklahoma and Texas prom
Use immense yields.
New Orleans.-Wa Tex. Clear, hot
fine weather for crop and good progress
being made More reports weevil and
boil worms Central and South Central
Texas but damage very slight so far.
Farmers putting forth valiant efforts
combat these pests and doing good work
discriminating boil worm with pan lights
burning in fields nights. Considerable
new crop receipts Saturday. Good
movement next week.-Beer to McFall