The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-07-28
ROUND THE TICKER
Cotton.

luppdIu 10 reese.
Dallss.--Southern Products. average
date, July 30: Weather past two weeks
slightly unfavorable; very favorable
tlfst week too much rainfall SECOND
week promoted rapid growth and idea
for increase of insects, Plant develop
ment satisfactory. root system fair to
good, height nearing normal. squares
forming well. few complaints excessive
shedding. Free movement expected
guli coast middle August. Damage
moderate, condition belt 1874. BY
states Texas u.s. Oklahoma SO. Ar
kansas II, Louisiana 70, Georgia Il
alabama II, Mississippi r. North Caro-
Ina a. South Carolina rs, Tennessee
10, Missouri So
New York,-Market meets lot OF
cotton on advances.-Clark & Co.
New York -Understand a local oper-
ator has been carrying a very large
line long October and short more dis
tant months and 1t is rumored that he
has been selling the long end -Ettelson
to Clark & Co
New York-Yarn market idle. Spin-
ners have booked orders with weavers
who want filling In lots to carry them
through October, Prices are soft and
many spinners are stating that they
WouIo like to have business enough to
prevent curtallment-Galvn to McFall.
New York.-Liverpool and spot houses
were good buyers of cotton YESTERDAY.
with market oversold Weisman 10
McFall ~
New Orleans.-Waco wires: Light
showers to good rain part of North
texas yesterday afternoon apparently
and hot, Rains do no harm. but not
especially essential, Farmers have fixed
around 81 cents first cost in mind and
VIII not sell under this figure. Some
complaints young plant beginning to
shed account hot and dry weather. Mar
ket WIN probably get reports of deteri-
GRAFTON soon, but we think not serious
yet. Younger planted cotton about 80
per cent OF crop, San go another week
pefore needing rati'.-Beer to McFall
Dallas, Tex,-Rain yesterday. cool
mere. Increasing complaints worms and
weevils ms anu
,. New Orleans,-The Weather bureau
issues warning of the first tronicai
storm of the season. According 10 tba
iEtltude and longitude given II is direct
y east OF Jacksonville, Fla. and not
tar from shore. Its direction and in
'ehSlty are unknown. shepard & Chuck
Washington.-Advisory 10 m . Soma
inuicatons disturbance near latitude az
d IiorIn, longitude rs west. Intensity and
,ho lion OF movement unknown. Fur
'her advice this afternoon,
Liverpool message says that thou-
burn district. ''io D'ack-
20 New New O0rleans-Five stations Texas
range 100 to 1902 degrees, yestordav dS
stations 100 to 1O6.-Beer. '' 40
Liverpool cables: Manchester v.r,, an
odliSIdGIOrN
Grain.
Chicago,--saies of 500 900 bushels Of
c %i l'n MADE to the seaboard by Chi
cago handlers yesterday. Domestic sbir
Ping sales were 65, 900 bushels corn and
"fo,VVo bushels oats,-E. w. W. & CO
Chicago Price Current weekly re-
potts say corn condition is 40 in ieadins
stateS' The corn crop Is now lsrpal1.
, W l5Ssel and in few days will he he.
Sonu the danger of damage by heat
y Kansas City wires Secretary of the
Kansas i,JtL state agricultural board saws:
for "ere never mas been such a prospect
loI bumper crop of corn. Western
Kansas will raise largest crop on rec.
oru, secretary of Oklahoma saws.
corn crop best in history of state"
,G1Ihlcago The bear side on rallies is
sui ihe logical one in grain bur the
i tecnhicaI position must not be over
looked; We have a corn market that
Is kettlhg oVersold and overconfident
WhlIe receipts are checking up now and
cash is steadier than the futures Ely
porterS are good buyers of wheat and
'ye.--T' NJ. to Clark & Co.
Chlcago;--New York exporter wires
elsohs west fail to appreciate the
corn situation in the East. There is
aaspEf,e e1 iil,, corn in, San Francisco. in
j. ~ liauelphia and burdensome quantity
IN New YORK, and hundreds of tbon,
sands Of bushels en- route and also 70
ne shipped. which is unstable in anV
posi- lion, There is enough corn to sun
Ply the entire East for six months Rest
hid on spot is $l.20 New cron choice
Argentine corn is offered in large
at 30 cents under American
corn,-Wagner & Co. to S. & @. OIL
Chicago.-Shorts continue best buv-
ers OF corn and oats. The attitude of
lhe elevator interests on the buying side
IL probably based on expectation Of
smaller movement and steadier cash
prices Dennis to Clark & Co.
Chicago.-Reports by officers of the
american farm bureau federation indi
S''tGS mat 1t VIII require most care
ful handling of the present cron to nre-
vent serious slump in prices ana aq
,9I as weather IL concerned Kansas and
missouri ana Illinois and Iowa is far
oeiltF IMAM any section of the nation
montana reports a 500 per cent gain in
wheat, and North and South Dakota
and Minnesota according to A certain
publication, will increase their vieId bv
100 per cent-Rosenbaum Grain com
pany |0'''
'hieago.-Local man has Just returned
from Iowa says movement of corn from
That state has shut off. Oats threshing
Wen under way. Car shortage prevails
ana some roads are taking cars out of
iowa territory and sending them into
Co, TO McFall,
Grain forecast An states generally
fair and fair tonight and THURSDAY,
where, ''''
t,hicago.-According to we'll posted
cash wheat handlers very weak mar
Net ~ 10 be expected until there is
= revival OF speculative interest in the
futures. As conditions stand at the
moment the cash wheat is at such a
DIG premium over the December and
trade in the latter so light as 10 afford
llttlc protection TO buyers who take
hundreds Of cars.
chicago .-Continurd liquidation looks
probable. Cash corn movement keeps
UP and Is likely to do SO. Ruyers are
demoraIized. There has been too much
w! hB OF CoarS" grains because Of the
wheat damage news. also on wheat and
rye export business. Conditions have
been overlooked while wild speculations
have been going on for past year. corn
Is in the weakest position ii has been
since l9l2.-O' BrIen To McFalI.
>, chicago Our Mr. Zones is in Iowa.
ne wires that corn looks perfect and
ahead Of timc,-Wild TO s. & G.
thicago.-s Some export business un-
dcr way al tho suahoard the West is
offering cash wheat freely.
Illinois and Iowa offering oats to ar
rive rather freely around II. 00o bushels
booked so lar, time " shipment rang
liberal quantity offered al prices some.
what above the present markc, S.
chicago .-Buyng credited by the nit
element 10 two leAdInG locnI hnmsns x