The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-09-22
ROUND THE TICKER
Cotton.

Cotton.
New orleans-Foreien exchsne.
opens, sterling losing hall a cent al
4elta. tranct. 3 centimes, al g.q5. ano
marks rs Of a cent at 3.s5. Galveston
eleats $50 bales Of cotton for foreign
export and Savannah clears it,7OO. En-.
mis-, Tex, wires: Two inches Of rair
mere hst night. causing further dete.
riofatlon Prospects are the worst in
ears, COrsieana. Tex. wires. EerN
neaVy, damaging rains here.
New orleans-Stnke situation and
a weather caused advance-Beer 4
McFall.
New orleans-The market is higher
on the heavy rains In the Western bell
ana prospects of cold weather. Already
IeAas points are reporting crop dam
age. Dallas wires, Further heavy rains
have done much damage IN this section.
shepard & Gluck.
GreenviIle, Tex, wires: Rained hers
All night last night; still cloudy and
threatening,
New York-Technical position healthy
but would not follow advance while out
SIDE condition so NEUTRALITY-SUSPICIOUS.
to Foster.
81 Louis-I4esser Goldman Cotton Co.
report as follows on their territory nm.
ger date Of Sept. IS: Arkansas and
ooutheast Missourt-Reports are faFor-
able with the exception Of Northern
Arkansas, where there is some com
paint or shedding. We have had nc
rains the past W weeks and weather
and temperatures have been normal
PICKING Is now going forward at a good
rate and we expect the movement to
become general in another week. La
Dor, while scarce, is sufficient at pres
ent Oklahoma-The clear, warm
weather has been ideal during the past
week and progress has been satisfac-
tory In every way.
New Orleans Some
strike, but very bullish cotton news
controlling factor, strong dry goods re-
view, general bad spell weather, cold
spell northern portion belt. expected
low bureau returns, think purchase
Beer to McFall.
New York-Cone sold so December,
otherwise market small: not much out
side Notwithstanding to Cotter &
Turner.
New York-Locals sold on strike; Liv-
erpool bought on weather; traders ex-
peetng decline on labor situation
Hubbard toEReese.
New orleans-Map indicates unset
lures will drop under 50 YER North
Texas, Oklahoma and Arkansas to-
nlght-kofler to Clark & Co.
New York-Locals covered on reports
STRIKE not as general as feared. Nc
Fadden has very bullish crop reports,
Reese.
New Orleans-Some ~uneasiness over
strike, btu bad weather in west with
unseasonably cold wave approaching
from nothYest checks bearish enthu-
siasm'-Fenner to Gustafson.
New York-strike news mixed: some
mus apparently running full, others
claims mostly quit. This situation caus-
ing considerable liquidation, but being
crop news.-Gwathmey to Foster.
New orleans.-Market strong ON nress
news that 80 per cent of steel work
ers remained at wor", Cotton is strong
on It's news of spot demand, spot
Resistance and bullish weather.-Kofler
to Clark & Co.
New Y~ork.--Think oil the local trad
ers around the ring covered today. this
makes local sentiment more bullish
than before.-Hubbard to Reese.
Mexia, Tex, says: About four inches
OF rain fell over this county and still
Looks like a crop disaster.
New Orleans.-The advance continues
on persistent rumors that thus far the
steel strike favors the corporation rath-
er n the unions. Disappoihter shorts
are covering in volume and their oper.
atoms are FASTENED by the u~nfavorable
weather outlook in the belt.-Shepard
s. Gluck.
Brady, Tex, wires: Have general rain
over this entire belt, damaging crops;
stu training; water everywhere,
New York.-A moro cheerful view is
oeing taken on steel strike, and Is In
Huenclng all commodities markets. As
to cotton, the crop .advices coming In
are distinctly bullisE. Sellers are few
and the least demand causes prices to
advance. Yet fundamental conditions
are unchanged. 1t is a very mixed sit
uation and not FUZZY discernible.-Fal-
Ion to Shepard & Chuck.
Grain.
Chieago-owing to shortage OF ship
ping, the space allotment committee an
nounces that 1t will take two years to
remove the cargo now waiting In ports
OF Australia. The cold storage space
in every Australian state is exhausted.
The following amounts Of produce are
held up: 3,285 tons Of wheat. L,320, 900
bales Of wool, so, 900 tons OF meat, "a, 900
tons of rabbits, $4,000 tons Of other
foods, -McKinnon to Clark.
Total visible: Wheat, 1857, 900 VS..
1880, 900; corn, 1,750,0 900 VS.. 5,l49, 600:
oats, 1898 900 VS.. 2 $685., 900.
Toledo, o., wires: They are report
ing two cars new corn in Kansas city,
Chicago - Visible: Wheat. increase
1880 0 corn, increase $780, 900; oats,
decrease 5000.
Memphis receipts: Corn %. oats 40.
and hay AZ cars.
Hog receipts: Chicago 90, 900, Omaha
300, Kansas City 5000, st. Joseph
5000. Sioux city 5000, st. Louis $500.
chicago--Recelpts: Wheat $4,000,
corn 213,000, oats 312, 900. Shipments;
Wheat l,l27,O 600, corn II, 900, oats 1877, 900.
st. Louis--Receipts: Wheat 4sl, 900,
corn $4,000, oats l65, 900. Shipments:
Wheat 22S,O00, corn 10, 900, oats so, 900.
Chicago,-Eastern houses buying corn
now; looks like short covering.-Bab-
cock TO Clark & Co.
Chicago.-Local elevator man
AT &c over Dec, May oats are cheat"
country advices of consignments very
ern demand overnight quiet, shut locals
did not offer out observation-disclosures.
Forecast grain belt: Illinois, Wiscon-
sin, fair and cooler with probably frost
In Wisconsin. Missouri, Iowa and Kan
sas, fair. Minnesota, Dakotas and Ne
oraska, fair and warmer.
Chicago.-A week Of more will be re-
quired 10 size up the steel strike. II
may spread to other Industries. Most
people believe II will fail. Locals ex-
poet slower markets with no chance
of maintained bulges. The attitude Of
Gary again suggests the move of m
ployers to beat the various labor un-
ions individually Grains may be lower
today with a late rally.
C~hicago.-TheA move by farmers to
organize and hold prices does not APP
pear serious. II lacks public sympathy.
Many believe 1910 corn on farms a
big price prorata with general wages
now paid, Heavy rains have prevailed
In the grain belts with the Northwest
and a few odd spots excepted. The
central and southwestern belts, how
ever, are practically covered with a
Sunday record Of | to : inches in an
extraordinary number of sections. Part
Of Kansas may require more rain. Win
ter wheat belt and pasturage sections
are now thoroughly relieved. Wild to
81, & @