The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-20
ROUND THE TICKER
Cotton.

New OrleanS,-Weather map suggests
partly cloudy TO fair Atlantics. but CON
western belt, with heavier rains in
South Texas and Louisiana from dis
turbanCe stu over lower Rio Grande
valley Clark s. Co,
New York Alderman cabinet has re-
signed, which trade believes means
peace.-Huhbard to Reese.
New orleans-Liverpool cables; Tat
t~erSalls' circular Of the 18th SAYS that
improved conditions in the textile trade
are well maintained. Cloth producers
position improved, despite India holding
PACK. Yarn sptnners are In stronger
position than at any time this year,
The margin Of profit is encouraging,
Neills circular of the 18th makes a
tentative estimate of the acreage So
O0O, 200, on which they claimed might
range between 1880, 600 and is, $50, 600.
The margin between cotton and yarn
roughly has increased 10 per cent since
Sept. lO-Shepard 4 Chuck.
Bartlett, Tex, wires: Entirely too
New York-England shows her anx-
iety by agitation for new fields for cot
ton growth to render herself independ-
ent OF the United States.
New York cotton opinions: Bond. Me-
Enany-While reactions will occur, we
think the tendency will continue toward
higher levels for cotton. Hutton & Co.
The present indications point TO a still
higher level and we therefore continue
70 favor buying on any sctbacks, Orvis
Bros,-Bulls appear confident that the
market Is just in the mist Of a large
upward movement.
New York. $3.50 Market featureless
around opening, except for buying Of
b.OOO October by Mitchell.
Little Rock.-May he occasional re.
actions, but win see 40 cents inside 50
DAYS. Crop conditions Arkansas worst
on record,-John +, Boyle to Reese.
New York Spot people and commits.
sion houses buying; offerings light, Ru-
mored new German cabinet In that will
sign peace.-Clevenhurg to Cotter \
Turner,
New orleans.-Advanced on large
speculative, buying by New York pro-
fessionals in expectation peace; latter.
we think, largely discounted and unless
weather turns again unfavorable we
DOUBT "permanency late advance.-Ellis
q Co, Night Letter.
New Orleans.-Detailed government
reports show much rain In Texas.
Louisiana and Mississippi consols \.
lower,-Clark 4 Co.
New Orleans,-Report that German
aolhet resigned construed bullishly,
Liverpool cables; Trade conditions i'm
proving .-Fenner to Gustafson.
Galveston clears 5000 to France.
New York;. +. Hutton large buyer
cotton.
New Orleans.-Our eastern traveller
wires: Crop in Georgia generally well
cultivated and making normal prog
Iess. Alabama much grass remains IN
lelus with poor stands In spots caused
by rains and labor scarcity, weevll
complaints increasing, think Alabama
condition now slightly above 70.-Weld
d White To c., & T.
New Orleans. Port receipts today
1886 vs., Is, 1913 last year. Exports to-
day 33,056 vs.. 1881, Weeks exports
1884 VIZ, 90, 337.--S. 4 G.
New Orleans,-The market is feeling
lquidatlon which is to he expected after
such wide advances. New high levels
were made this morning all along the
lines. & G,
New Orleans,-New York wires that
banks are calling loans more freely to-
gay and that money rates may stiffen
IN consequence, Weld, New York. saw
that the advance has been too rapid.
some New York telegram report heavy
Japanese buying and that the
western houses are again In the mar
ket on the long side. Waco, Tex, wires,
1T is raining in Central and Southern
lexas and the rain Is not wanted."-
S. a G..