The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-07-10
Cotton.

Chicago Marshall Field & Co, in
their weekly review OF the dry goods
trade say; Current Wholesale distTihu-
tion Of dry goods was greatly in excess
OF the corresponding week a year ago.
As nearly all Of the road statesmen have
completed their trips sales both for
immediate and future delivery have
fallen far below the total OF the cor
responding period OF last year There
have been fewer customers IN the
were very satisfactory
New York-Heavy Wall street buying
OF cotton here in an oversold market
and Great Britain resumption of trade
With Russia caused considerable buy
Ing by Liverpool. to McFall.
Dallas wires Raining very hard in
this section"
Liberty, Miss, wires, "A very heavy
rain here. Cotton is failing
New Orleans-Grcenvile Tex. wires.
Weather today cloudy and very cool;
heavy showers fell here hast evening;
crop not making progress that bear
in these wonderful Improvement
stories and predict short crop; senti-
ment bearish because OF recent de-
clines. shepard & Gluck.
New Orleans-Accordn to Memphis
kilograms tho National Ginners' actual
figures on condition are - g. which
would make the gain for the half month
IL points since the last monthly figures
from this bureau, which were II The
only figures in the weekly statistical
statement this week are In relation TO
the visible supply. The visible Of Amer
lean is now 3,l35, 1919 bales against g.
26.9i9 year ago, and 2.l05.57S two
years ago. The visible decreased this
week 90, $50 bales against a decrease
Wpnk az nd d.
decrease this week two years ago Of
44,l47.-Shepard x Gluck
New Orleans Rumored National Gin
ners estimate June consumption $50
600 against government a. 600 May and
$4,000 last year.-F. y b
Waco. Tex, wires West Texas crop
looks fine, insect damage exaggerated /"
p. & h.
New York-Heavy short covering put
ting cotton up.
Florala. Ala.-Cotton badly damaged
by rains this section
Gainesville, Tex-Heavy rains accom-
panied by high winds did considerable
damage Cooke county last night Wealth
err unseasonably cold.
New Orleans-Wed & Co Texas
traveller wires from ReeviIle, Tex;
over counties Dewitt Victoria Colt
ad found all kinds OF cotton from six
inches to three feet high prospects from
very poor to good Goliad and Beeville
condition much better Some wecvis
everywhere, but have not done very
much damage TO date With continued
dry weather expected good yield Beer
to McFall,
New York-We find a little more de-
mand for cotton goods in the trade at
concessions in price The buyers from
the West and Northwest are arriving I'm
town shopping about and a little more
hopeful feeling prevails in the trade
No one expects larger orders at the
start, but at concessions small orders
are being placed in the cotton goods
and yarns market.-uio ,er to McFall
New York-Wall street covered on
near showers; locals sold right after
call; think any bad weather may change
entiment,-Hubbard to Reese.
New York Tribune says: "A reaction
from the low prices that cotton. silk
and wooden goods are bringing from the
open market today Is expected by tn
Leading producers when retailers and
garment manufacturers come into the
market for fresh supplies.-F. & B,
New Orleans--Map shows mostly
cloudy belt with some showers all states
and rainy conditions over northern third
belt Indications are for a period of
''i'"NiN "tdNitI tOIlllIE on the DRU,
considerable drop in tempera lures over
northwest quarter .--Kofler to Clark &
Co.
New Orleans-According to private re-
ports altogether too much rain Is falling
in the cotton region This is increasing
the demand.--Shepard e. Gluck
Mexia, Tex. wires; Raining this ter
ritory every day.
New York-So far complaints from
the cotton belt are scarce. The weather
has been favorable Great improve
ment has occurred in the southwest
Sentiment IL bearish both on account
OF trade conditions as well as crop i'm
provement Technically. the market is
strong, but until we get an actual
change in crop outlook rally Of i'm.
portance Is hardly likely -Etteson to
clark G. On