The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-09
ROUND THE TICKER
Cotton.

st. Louis-Arkausas and Southeast
Missouri We have received good
showers oVer practically the whole ter
ritory, These have been very beneficial
and win bring about better fruiting
A good soaking rain in the next two
weeks would help wonderfully, Fields
are clean and labor Is sufficient for
the present, Oklahoma: Generally
speaking the crop in this section is
progressing nicely, The plant Is put
ting on fruit and altogether the pros
poets are better now than Rt any time
labor is sufficient, summary: Reports
generally are more optimistic, Boil
weevils are with us In the southern
IaUt Of Arkansas but damage amounts
to practically nothing -lesser-Goldma
Cotton Company.
New Nork.-Majority opinion is that
Wilson's message will not affect prices
materially; s]pinners' profits may be cur
tailed, but they can stand it-CleVen-
burg.
New Orleans,-The main features OF
weather news Is the tropical storm re-
ported in the Caribbean sea, which may
or may not head for the cotton region,
The presidents message Is generally re-
garded as a sensible document, New
York reports a weak market for cotton
goods. The tropical storm ia likely to
be the main influence on the opening
and in the early trading also, espe-
cially II the weather bureau issues fur
Their warnings Shepard & Gluck.
New Orleans There is for the cotton
markets the bullish news OF a tropical
storm. II was indicated for over R
week, but was not near enough for Il
warning, Now II seems moving and il
II should cRuse extensive rains over the
eastern belt, as II is likely, II should
have a decidedly bullish etfect.-ko-
fler.
New Orleans.-Bullish. general rains
over the southern half OF the belt, ex-
cept Texas. They are the first result
of the approaching storm, Generally
fair Texas-Clark g. Co.
III Reno, Okla.-Au Of last week and
I up to today the wind has been high
n hot; OIL vegetation burned up with
exception Of tomatoes,
New Orleans.-NaFket acts IS Il
bears on defensive. trying % mitigate
bullish influences, but think market will
respond befoVe long, particularly to the
bullish weather Clark D Co.
Nee OrlSans-Southern spots yestSr-
day unchanGed 70 65 Up; in Texas un-
: changed to Is up; at Dallas with mid
ding there 20, SOC, saleO remain light q
cept "A little larger In Texas, Benti'
ment vii likely ne influenced today hS
washington ana atVike news, also By
weather developments,
New Orleans, Japanese cotton mills
are prospecting, as shown by the fol
lowing! Thirty five cotton spinning
companies in Japan during last yea
showed net profits Of e5\, SAS, 40, q rec
30 years ago, In 1919, year before out
break Of the war, net profits OF som'
companies were -, 9SS, S9S. The paid
up capital OF these companies in 1911;
Was e4l, zee, 27S. In 1918, So, 502 500,
New Orleans. -Good newt from Lon
don. Liverpool referring to settlement
Of various strikes,-Clark a Co,
New York.-Firm on little trade buy.
ing and shorts covering; market small
and thin. -CleVenburG 10 Cotter q Tur
ner.
New Orleans.-Opelika, Ala, wires
Raining this section every day pas
ten days, causing considerable damage
Weevil simply eating up cotton crop
S SIssf'' An''''' d'''''of'''o" o" rec
New York,-Caribbean storm moVtnl
westward usual course toward gulf
market oveTsoid.- - McElrOy 90 Cotter 1
Turner.
Grain.
ChicaNo-Radical bulls on oats ar,
disappointed on the showing Of the gov
eminent report, which exceeded thei
estimates by around 100, 600, 900 buahel
while the official returns were about y
conservative people figured, Taking tn
present estimate on the crop, with farm
reserves OF 80, 0O0, 900 bushels and tn
visibly supply, there Is q total Of l,S7s,
600 900 for the season, or 2A9, 00A0
short Of last yeaf.-Tribune.
Grain forecast; Illinois, Missouri
KsnsAs-Generally fair tonight and e
morreW cooler. Wisconsin, Iowa, Sout
/, D~akota-Falr tonight, unsettled tonigh
warmer, Minnesota, NebraskA-Unset
tied tonight and tomorrow, cooler to
night.
n. ChicaEo-Government report consld
cred slightly bullish, Lot buying yes
terday to support advance, This stui
will be on sale any sign weakness
Don't think there Is any money o
long side, Play short side every bulG
and repeat. Big sustained decline com
ing soon.-Hood to McFAll.