The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-26

tees issued his a, m. Most ot the
months mad new highs at opening
which attracted 4 good deal Of reaiia-
ing The South was a moderate seller
on opening, brokers aud Liverpool also
sold-Pcarsall.
birmingham wires, Heavy rains
throughout North Alabama last night
Slow rain here last night and this
morning "
New Orleans 1t is another unfavor.
able weather map, light 10 moderately
heavy rains being scattered over the
cotton region On the whole, Copdi-
lions continue bad for cotton. New YORK
again reports an active and higher
market for cotton goods shepard Il
Gluck.
New York cotton opinions Moyse x
Holmes-As the weather continues un-
taNorahle We advocate buying IN alt
easy spots, Orvis Bros,--lf the crup
should develop to he no larger than
that OF last year, the supply will be
considerably short Of requirements and
prices will probably soar to levels now
unimagined.
New Nork-General buying with lit
Tie Tor sale apparently caught some
stops 50 eents.-Cleve to C. 4 T.
National Ginners acreage decrease II
per cent condition 70f,
New Iork.-Wan street selling on
idea offerings round 80 cents warrant
reaction.-hubbard to Reese.
New Orleans,-Further speculative
ouylng on continued wet weather. Spots
selllhg on tenderable basis and ruling
premium of futures creates unhealthy
situation. 1t is possible no weakening
VIII develop pending bureau, but with
cotton out Of way think market will
become more responsive to spot ad-
vices, which have recently been less
favorable Ellis 4 Co. night letter.
New Orleans.-Weathe may indi-
Gates part cloudy to fair western half
Off for couple of days, but showery
weather likely to continue over eastern
half.-Clark n Co.
New Nork.-Steady, trade bought on
bad weather; some cotton to be alb
sorbed this leyel.-Hubhard to Reese.
New 0rleans,-rhe forecast for con-
tinued showery weather, anticipation Of
expanding trade and strong demand for
dry goods sustaining market, Futures
are above spots, Think any change
IN weather likely cause liquidation,
consumption, In meantime a bullish
condltlon report expected -Fenner.
Calling & Became to Gustafson.
Chicago-Clement Curtis h Co. report
condition cotton 7O.5 VS., 7S.S last month.
New Orleans-Sentiment 30 hullisk
MAJ carry it further though would rath.
er sell II on good hulges now until
technical position relieves.-White to
Cotter 4 Turner.
New Orleans-We sold a line Of spets
TO-DAY, hedged cotton average strict
tniddling, at ITO points over quotations.
New York wires: There is a good
trade demand here, Liverpool was a
big seller of January. Local traders
are publish because they expect a low
condition report"
Houston wires; This territory is
having regular daily rains. People from
different sections of Southeast Texas
say that even will good weather from
now on this section cannot max over
half a crop
New Orleans-Winder, Ga, wires;
Heavy rains yesterday and still raining
all over this section. Crop going to
ruin" Augusta, Ga, wires; Entirely
toe much rain. Both Georgia and Caro-
lima are poor and backward. Shepard
Il Gluck.
New Orleans-Mill takIngs this week
should again make a good showing since
they Will go against only 143, 900 bales
TINS week last year and 1874, 900 this
week two years ago.-Shepard & Gluek.
Hillshoro, Tex, wires; Heavy rain
falling in this section and 1t will re-
tard cultivation. Farmers say that
worms are doing considerable damage"
Liverpool says: "a large business has
been done in Manchester at prices
which leave a good margin. China has
been q big buyer of cloths, The Liver
pool Cotton association has passed a
resolution at a general meeting to re-
scind the rule against trading with
Germany and other enemy countries as
soon az peace is declared
New Orleans-Here is something dit-
ferent: Shawnee, Okla, wires: "Pri-
waite reports shcw marked Improvement
In crop during the last 10 days
Shepard a. Gluck.
New Orleans will be closed next Fri
day and Saturday, July 4 and 3, New
York has not yet announced It's Fourth
of July holidays.-Shepard & Gluck.
Liverpool cables: quiet and steady
market with a little local buying"