The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-09-08
ROUND THE TICKER
Cotton.

II is contest between Weather and trade.
SAD weather might stimulate spinnerS
70 buy while good weather will keep
them 0ut-Hubbard to Reese
New, York--Rain ana unsettled wealth
er IL forecast for the next few days,
and another disturbance Is reported in
| the Southwest. although the pressure
Is high In the South Atlantic. Better
Liverpool trade reports and uncertain
weather conditions may induce further
short covering when we think them to
be sale.-T. & M to Clark & co.
New York-Liverpobl selling cotton.
New York-Livefpooi, south good SELL
ers on call; further short covering fear
ing continued rains. but market so far
lacks snap OF yesterday Hubbard to
Reese.
New orleans--Sellihg thus far has
been almost wholly due to disappoint-
ment over the refusal of Liverpool to
| meet the advance of yesterday in the
A@eriCan markets. & G.
Houston wires weather threatening
over Central and East Texas
Little Rock, Ark.--Boll weevil worms,
rust blight and shedding from too much
rain and cold weather have all lowered
condition from the very brilliant pros
poets Of month ago, but 1t still looks
as%if this will make as much as former
| record production, continued~rains will
augment damage. however and reduce
OBSTINATE Dry weather is needed very
badly.-W. G. Hall to Clark & Co
Clarksdale. Miss. wire: "A. j. Nose
ley, one Of the largest planters in this
section, says reports from all his man
ayers show 20 per cent less prospect
| than this time last year.
| New York-Liverpool Is a heavy SELL
| er January.
| Houston, Texas-Basis up another SO
points. Hard to buy Good grades be-
| coming scarce. No foreign demand of
consequence, grade and staple deteri-
Grating,
| New OrIeans--Spots reported steady,
| II any change likely shade higher some
inquiry for low grades,-Beer to Nc
Fall.
New Orleans--rhe fiat statement that
| the weather Of this last week was de
cidedly unfavorable for cotton makes
| the Weekly crop reports bullish. Texas
says that the crop deteriorated except
in dry areas, but in the dry areas prog
ress was good. considerable damage Is
reported from that state through boil
rot and shedding. Georgia says that
the cloudy to showery weather was un-
| favorable. Oklahoma states that cotton
made poor progress or deteriorated
Mississippi says that the crop made poor
the extreme northeast and talks of
extensive weevil damage In the south
east Louisiana reports too much rain
and Arkansas says that progress was
poor. The Carolinas are a sort of stand
offs. & G,
New Orleans--Ginnings TO Sept, l.
367, 241. is much less than was expect
ed Weather map indicates continued
cloudy, showery condition belt with
likelihood Of general rain field coming
on the belt from the west in the closing
days fthe week, Cold wave wave for, f9rna
ton over west under way.-koiler 10
Clark & CO.
Liverpool cables cratic market. Short
covering on unfavorable crop accounts,
met by long liquidation and hedge SELL
ing
New York.-Scattere liquidation and
some professional selling on the poor
cables. Liverpool. Wall street and New
Orleans taking the contracts. Under
tone steady.-Clement Curtis q Co. to
McFall
New York-These quick advances
have put traders to buying on breaks;
they are in the frame of mind TO eX-
pect bad weather every days. T. II.
to Reese.
waco Tex.-No rains reported this !
afternoon, but clouding again. LOOKS
like might have further rains during
night, Most of rivers swollen, but no
damage from overflow as yet, with eX
ception of limited areas. However. II
rains should continue anticipate COLI
siderable damage.
Grain.
Chicago. - Weekly United States
etased tool low in the central and east |
etn states for the proper maturing of |
corn, and the crop is later than usual. |
Unless decidedly warmer weather pre-
walls the bulk of the crop will not be
out of serious frost danger un1ll In, the n emu
of september IN ONO. nut o. psr ~
OF the crop VIII oe SAFE III noma y t stijI |
GATE. WINE one 10 my tmne 49, '' Corn
Mas warm drv sunshiny weather in |
nraCficallv an central districts.