The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-09-29

weak. li0 off New York December
Clark & Co.
New York-NyerpooI large seller
South selling, Texas basis reported
weak.-Clevenburg to Turner & Reid.
Liverpool cables; Some signs of trade
starting TO buy.-Hubbard,
Waco. Tex,-Rains over North Cen.
trail and Fast Texas. Connecting with
advance gave holders more courage,
Houston. Tex.-Country practically
stopped selling last ngiht. Liverpool
bought considerable cotton yesterday.
New York.-LIvcrpool weak on heavy
selling by Manchester Bond McEnany
sold about 10000 January, thought Il
Orleans and South. Local profession.
ais and Wall street buying. Calvin &c
McFall
New Orleans Fenner & Beane aver.
age condition COS. indicating II $50, 0O(
bales exclusive OF linters,
New York--Journal Of Commerce
says: Cotton outlook is less promising
in Arkansas Tennessee, Florida and
Missouri, earlier estimates being re.
duced, Large plant little fruit. Wee.
wi damage heavy, Picking just com.
weeks late In Arkansas and some sec
tons report deterioration. No ArlIan-
SaS figures. but win be materially be.
low last month. Considerable lower.
ing in condition Tennessee. Further re.
duction in Florida. but condition still
ABOVE low point Of year ago. Mis-.
souri, condition promises to be appre.
ctably lover. Crop 80 to 40 days late
New York. Weld & Co: From the
action of the market We are inclined
TO expect somewhat higher prices. but
have no confidence in any advance OF
sustained proportions at the present
time
New Orleans The date for issuanc,
OF condition and ginning reports has
DC Deen changed from Saturday Oct. 2
70 Monday, Oct 4. Ginning report will
be announced at am, central stand
ard time, and condition report one hour
later.
New York-Local traders bearish
though after yesterday there Is not
same pressure to sell.-S. n. II. t.
Reese.
New Orleans.-There has been nc
selling thus far on the bearish tone OF
the weekly crop reports. The market
Is steady on fear of frost rather than
on any fear of the hurricane Shepard
& Gluck
New Or|eans.-Smaller crop estimates
and some encouragement from Wash
:ngton in Secretary Houston denying
recent sensational press reports as 10
probability of prewar prices being wit
messed soon, has had a good effect on
market which promise to rule compare
lively steadier in the near future
Beer to Neral
New Orleans Houston reports spot
basis improving.-S n & Co. to T. &
r.
New York. Wall street covering
fearing gulf storm; Atlantlcs sending
pessimistic reports mill situation, ex-
pect ovement,-Hubbard.
New York;. G. Scales wires BE-
sure to get your friends to buy some
cotton now.
New York-Liverpcol cables: Lower
account heavy Southern offerings
steadily lowering basis; down over tive
pence in week.-Hubbard to Reese.
New orleans. The weather bureau
issues storm warning saying that the
hurricane is moving steadily northeast
ward into the east Gulf Lf Mexico
More than ever it looks as If the storm
will pass over Northern Florida. -
shepard & Gluck.
Montgomery .Ala.-M. c. Allgood
commissioner Of agriculture for Ala
bama, received messages today from
four counties in North Alabama stat
ing that notices had b,en posted on
several cotton ginneries threatening 70
burn gins If cotton was ginned there
before January /. 1921.
Thornton, Tex, wires: Heavy rain
and wind did considerable damage &c
cotton last night
New Orleans, The president of the
New Orleans Cotton exchange today
wired Secretary Houston at Washing
ton that he is sending telegram L
the governor of the federal reserve
bank requesting him to do all in his
power to restore confidence in the cot
ton market.-Beer to McFal.
Fenner & Beane, New Orleans, send
out following data on frost: To May
1919, earliest frost dates Amarillo
Tex, Sept. %; average date. oct. 20;
Fort Smith, Ark, Oct 8; average date
NOV. 4; Oklahoma city, Oct. !; aver
age date. Nov /. Earliest any point
in belt. l9lS-1919. Nov. J. Fort Smith
Ark; l9l7-l9lS, Oct. 9, Fort Smith and
Memphis. Tenn, 1916-1917 Oct. 49,
Oklahoma City; 1915-19l6, Oct. 10
Nashville, Tenn, and Greenville. Miss
New York.-Liverpool cables strike
settlement this week is a certainty
Sanders to Clark a. Co.