The wide-band X-ray spectra of the high mass X-ray binary Cygnus X-3 exhibits
a pivoting behavior in the `low' (as well as `hard') state, correlated to the
radio emission. The time scale of the soft and hard X-rays' anti-correlation,
which gave rise to the pivoting feature, was found to be less than a day from
the monitoring observations by RXTE--ASM and CGRO--BATSE. In this Letter we
report the detection of a lag of ≲ 1000s in the anti-correlation of
the hard X-ray emission (20--50 keV) to that of the soft X-ray emission (2--7
keV), which may be attributed to the viscous time scale of flow of matter in
the accretion disk. This suggests the geometrical picture of a truncated
accretion disc with a Compton cloud inside the disc, the relative sizes of
which determine the spectral shape. Any change in the disc structure will take
place in a viscous time scale, with corresponding anti-correlated change in the
Compton cloud. We also report the pivoting in the spectra in one span of a
pointed observation when an episode of the rearranging of the accretion system
is serendipitously observed. This is the first such observation of hard X-ray
delay seen in the persistent Galactic microquasars, within the precincts of the
hard state.Comment: Accepted in The Astrophysical Journal (Letters): in pres