The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-04
ROUND THE TICKER
Cotton.

million bales.-hotler.
New York-A few reports OF deterior-
alton are creeping in and might cause
some covering. Clark & Co.
New Orleans, lathe Japs are cred
tied with big purchases this morning
mad New York says that Keffer bought
2OOO0 bales on the opening, prCsum-
ably for their account. Foreign eX-
change weak this morning and reflects
world wide anxiety over European con-
ditions. Sterling is down cents, TO
3,56&; francs are off 20 points. to
I,09 and marks are points down, at
2.0S,-Shepard & Gluck
New Orleans, La.-shorts are in
clined to sover because Of uncertainty
over the weekly crop reports Some
crop observers claim in all seriousness
That August crop deterioration has al
ready started.-S. Il O.
New Oreans.-Complet map just
posted shows signs OF disturbance in
central gulf. barometer readings not
well defined on may as yet as too far
out in gulf. Temperatures in north
west are falling and may foreshadow
another rain wave over belt, light to
heavy rains over eastern belt, but gem
orally fair in central and western belt,
generally cloudy conditions prevail east
and partly cloudy in central and west
ern belt.-Kofler.
cron was rather moor to satisfactory In
AIaba ma satisfartnrv in Tennessee
and Louisiana. very good in North
Carolina, Georgia and Mississippi, good
to excellent in South Carolina, and eN-
celent in most of Arkansas, oklahoma
and Texas, although theer are some
complaints Of shedding in ahe southern
part of the belt. Conditions are gen
orally excellent in Texas, oklahoma and
Arkansas; satisfactory to excellent in
S IJ "a ~ caoroia and
tennessee The crop is mostly frulting
we'll picking ia progressing rapidly in
southern Texas, and beginning in the
central norton of that state Weevil
damage is confined mostly to the South
ern part of the belt, from Louisiana
eastwards.-Clark d Co
New orleans. La.-There is no doubt
that the selling this morning is due
to the foreign political situation. over
night dispatches from LONDON lhdlcale
that almost anything can happen IN
Europe.-S. & q.
New York,-Journal says the Georgia
failure has caused much selling by At
lantic states and the West, but in
creased weevil reports led to consid-
cradle Money conditions are consid-
cred as easing up due to recent de-
clines in all commodities, hehce that
tAVhlto "OAiu imp -. -
conditions are not inspiring but tha'
unanlm,loy oI t pIai1sl' 'e"'''ne'' 10 wv
prolloui'os"' "''0h' IT,
New Orleans, La.-Barometer INES
are not favorable. storm area IN se sI
gull slowly enet day Gr TWO more Of
raI,, IN fbat session. In the Southwest
ram III INA. st;ii threa tenine IS a q,
lhe 10" "iea ''il W. -.
Shorts covering, offerings ee.t il :
light, weeYils were actlVe' increasing
some sections
Late cotton Texas need rains, old
cotton needs dry weather owing weevils
and worms. More rain indicated East
ern belt where dry weather needed ac-
count lnsects'-Beer 10 McPail'
| Flas.l-Market is not buy by any
means, shorts covering. Conditions are
| bearish universally. Sell on bulges'-
| "elsmahh 10 NICE all
| Market acts as ii short, think over
sold Bullish features OF weely iepor;
are some shedding in western belt and
East of Mississippi river WeeNll aolns
considerable damage IN many Sec'lohs
south central ana eastern pei's, W W.
f Fsll 'eeO' ans ''''' W ~
,,-,.-- - J..
improving ana LOOKS hlener oNlhs W