The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-07-08
ROUND The TICKER
Cotton.

New Orleans. Ginners' asso-
citation headquarters at Memphis deny
rumor that semimonthly condition re-
port issued showing condition 50. Say
no figures outs. q @.
New Orlean.-At these differences
against sale october and December.
Expect considerable narrowing w
Shepard
New York Whether the cotton belt
reports continue satisfactory or not,
bearlsh sentiment locally is on the IN
crease. There is nothing In the cotton
goods trade that could be construed as
favorable at this time except tho prac-
teal ending Of price cutting and linn
tied supplies may again become an Inn
portant price factor. The market may
move irregularlys- probably somewhat
lower until crop scarce Develops
Ettelson TO Clark Co.
New. Orleans. New York says the
Japs have been heavy sellers, cotton
well taken.--Kofler to Clark & Co,
New Orleane-While the weather
map shows no very pronounced fea.
lures, 1t shows that much TO me that
settled conditions are past and that
we are going into n period OF more
rapid changes. Present indications are
for continued cloudiness with more ire
auent showers which will cause lux
urious growth and more rapid increase
in insect damage, because the crop
will be more difficult to handle with
increased size of the plants,-kofler to
Clark & Co.
New York. Market easier under Id
uidation July's result notices, which
but last nights sellers buying back;
feeling very bearish, but expect re-
covery when notices stopped.-Hubbard
to Reese.
New Orleans. don't think We are
going to have the fine weather Whicn
official forecasts promise for the Gay,
Ii looks to me rather like. shoWery
weather. continuing; Just saw adVices
from about six Oklahoma towns. al!
saying rains continue and several OF
them such as Muskogee and Oklahoma
City and Ada report heavy rains.
New York.-A dispatch to the Eve
ming Post from London says that all
the gold offered at current sales goes
to America
New Orleans-Looks as If bearish
factors discounted for the time being
F. & B.
Taylor, Tex.-Cotton crop in this
vicinity absolutely looking better than
ever before. Weather is perfect for ad-
vancement.
New York--Notces representing
about $500 bales are being circulated
which accounted for the July weak
ness. Private cables reported Man.
chester selling, spot houses bought new
crops, market now active and very I'M
settled.-F. & B.
New Orleans-Some room traders are
preaching caution in following the de-
cline because they feel and believe that
the low temperatures attending the
high pressure in the west will bring
rain when they hit the cotton region
Oklahoma already is sending in reports
of Showers.-S. & G.
Liverpool cables: TRADE conditions
continue unsatisfactory and see nc
prospects of immediate Improvement
With favorable weather expect lower
market"
New York.-Depression in the textile
trade is figuring more largely in mar
ket argument because of the favorable
weather. and crop advices and sons
traders feel that cotton must eventual
| ly go through something like the re-
adjustment in wooden and sillSs.-Pear-
sail.
New Orleans.-Bears are increasing
their offerings on the claim that this
weather is perfect. Texas kilograms
say that clear weather prevails over
| the entire state and that the crop is
improving fast.-Shepard & Chuck.
New Orleans.-Waco, Tex, wires
Weather generally clear and hot over
state. Crop continues improve. High
| temperatures checking weevil activity
materially, Spots listless AFFAIR.". &
| B. to w. & G.
Chicago.-Mr Scales wires me he
would not be surprised to, see big
| break in cotton this afternoon, says
price is ficttious.-E. w. Wagner tC
S. & G.