The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-07-30
ROUND The TICKER
Cotton.

month Wnen government was tut llo
average OF private reports was s.6.
F. e. b.
Dallas.-Cotton shedding badly North
Texas.
New York.--I.iverpool traded both
ways. Local interests, Wall street and
South sold on the fine weather, poor
cables, weakness in foreign exchange
and bearish mill situation as empha-
sized by federal reserve statement
Fenner & Beane,
New orleans, Spots quiet. easy ow-
ing weakness Texas markets, due TO
competition new crop cotton South Tex
as which Is selling relatively cheaper
than old cotton inland and at the ports.
Beer.
New York.--Average guess of IS
members places the condition at 7t.9.
New York.-Boston advices to Jour
nal of Commerce say that unsatisfac-
tory conditions previously noted in the
cotton yarn market appeared to have
become even more acCentuated during
the past week, the salient features be-
ing the lack of demand. the growing
uneasiness OF spinners over the indif-
ferent attitude of buyers and the in
creashng disposition to cut prices In an
endeavor to bring out new business
+. q b.
New Orleans --A6vces from Galveston
say crop reports OF the past two or
three days are on the whole promising
for cotton and that damage as result
weevil activity Is being done for. duo
to continuation of favorable weather,
F. & Il.
New Orleans.-Killeen, Texas, wires:
Nice shower last night and it win
benefit cotton. Temple has received
its first bale"
San Antonio. From three-quarters
TO an inch OF rain fell over the south
east and west OF here, Coming late
In the evening as it did 1t will do untold
mature early cotton In better shape.
Picking Is in full swing, Farmers are
selling as fast as they Gins. & G.
Greenville, S. c., wires; while the
plant looks vigorous it has little fruit
and we will have to depend upon Aug
ust for, a crop. Hot and dry weather
would do no harm. Am afraid we are
going to be disappointed IN the yield
in upper Carolina."-S, & G.
New Orleans.--Lverpool is not quite
up to expectations. New York reports
weak market for cotton goods and
dull market for yarns. The average
of private bureau conditions reports
thus far is 1854, which compares with
the 10-year average Of 75,6: From Is
to rs seems to constitute the dividing
line of opinion for Mondays report
S. & G..
New York.-Pearsall selling.-Hub-
bard to Reese.
New orlesns.-San Antonio Express
Of July % says: Between $4,000 and
crop along the line Of the San Antonio
and ,Aransas Pass railroad. Sixty
hollis to the plant and plants three. feet
apart each way, Is said to make a
| bale Of cotton to the acre. There are
said to be plants in exceptional cases
nf mora than Inn hollis this wear. and
one plant is reported to have 100 fully
| developed bolls. In this section of the
| state where yield is especially heavy,
| the estimate runs from one-half bale to
a bale and half per acre.
New Orleans.--Norman Myer & Co..
| make condition rs VS.. bureau last month
| 70.7, improvement 5.3 points.
VS.. 65.5 last month, Improvement 4.9
points.
Liverpool cables Manchester con-
tinues poor. Cloth demand slack Cam
not see any reason for advance unless
| crop prospects change.
Waco. Texas.-Generally fair over
! state, showery around South Texas.
| light to benefit late planted cotton,
which about fifty per cent of crop,
causing shedding on light lands. Not
| much doing spots. Farmers holding
| firm. Spot premium advances as tu-
| lures declines.-Beer to McFal.
| New York--Journal OF Commerce says:
| Cotton condition as OF July % at 74S
| per cent against 7l.5 in June, an inn
| provement Of 3.3 points. Better weather
aided in overcoming earlier drawbacks.
| Some deterioration because of recent
heavy rains. Weevis plentiful but
| damage comparatively slight owing to
| lateness of crop, about three weeks.
| New York.-S NJ Weld & Co, have
| following from Austin, Texas, July so:
Made about sixty mile auto ride today;
| found crop on bottom land and near
timber suffering from boil weevil; all
| high prairie land fruitng fine. Hot
weather hurting some thin land crops.
Owing to boil weevil, feel sure more
cotton would be made without rain.
New York, SELLING of January by
Liverpool will weaken rest of market
| Clarke Co.
New York.-Market looks sale on
| bulges. Russian Polish situation likely
| to weaken exchange further.-Cleven-
burg to Clark & Co.
New York wires: Quiet. Liverpool
| bought little. Locals sold on good
weather Expect evening up market
before bureau.
New Orleans.-Secretary Hesters an
| nual crop and consumption figures for
season tomorrow or Monday.
| Austin, Texas, wires: ION bottom
lands crop is being hurt by weevils but
the crop Is fruiting fine on all hlgn
lands"