The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-30
ROUND The TICKER
Cotton.

Chicago,-ln their weekly review Of
the dry gods trade, today, Marshall
Field & Co, say. Wholesale distri-
button Of dry goods WAS very largely
In excess OF h corresponding week a
year ago, Orders from roa statesmen
for immediate delivery were almost
double those Of the same period In
1918. New lines offered for spring de-
livery are being accepted in a very
satisfactory manner Customers haVe
been in the house in much larger num-
bers. Collections are excellent"
New Orleans Times Ptcayune re-
port says: Cotton condition drops in
August to 60 per cent OF normal. The
past months deterioration averages II
for belt, Insect damage unusually
heavy, scarcity OF labor and ~lateness
OF crop cause anxiety. This condition
based on average date OF August 20.
Gram.
Chicago-The grain markets are dom
mated by something more forceful,
something more effective than the
ordinary routine OF crop news, move
ment and demand, 1t Is a weakened
buying power, This weakness is part
~ psychological and partly a matter
of finance, The market will from time
to time be temporarily influenced by
the cash market. The September sup
ply is probably well liquidated and the
time is now at hand when cash prices
II September delivery must come to-
gether, We believe the entire situn-
ton continues to favor the selling side
on all appearances of strength.-Thom-
son \ Mckinnon TO Clark & Co.
Chicago-Poor buying power is the
feature. No prominent selling, either
in corn or oats, Cash handlers taking
September oats and selling May.
Chicago-Receipts and shipment:
Flour 81 900 and 10000, wheat TIC, 600
and 100, 600, corn $4,000 and so. 900,
oats AL 900 and S23, 900, rye $4,000 and
nothing. Barley, 1900 and $4,000,
Chicago-The hedging load on oats Is
now coming to the surface in h way
OF liquidation Of September holdings,
Cash handlers are taking the Septem-
Der and selling December and May,
thereby transferring the hedging load
to the deferred months, -Babcock to
Clark 4 Co.
Chicago-Weather map showed gen
orally favorable conditions, Receipts
inspected yesterday 1877 cars; last year
26S. Cash market easy, demand indtf,
ferent, Country offerings fairly liberal
but mostly hampered by car shortage,
oats; Weather conditions favorable,
Receipts inspected yesterday 1877 cars,
last year All. Cash markets steady,
but influenced by action Of futures,
Country offerings llght-Clement Cur
tbs 4 Co,
Chicago-Private reports from the
yards report hogs SOTO; about 5000
will be carried over unsold, the rest
being held off the market.
Chicago.-Scattered liquidation on In
September and at the low point II
showed ? cents under yesterdays close,
Deferred deliveries off about | cent In
sympathy with the September n on
the embargo against shipments to gull
and Atlantic ports, Sentiment decided
~ mixed. Trade only local and market
has shown Door rallying power so far
Clement Curtis & Co. to McFal!,
New York,-Grain shipments to At
lantic and Gulf ports have been or
dered suspended owing to a shortage
Of vessel tonnage and a resultant over
crowding OF storage facilities, officials
of the United States grain corporation
announced. This suspension was de
scribed as an ordinary control moVe-
ment and meaning less so far as for
eign shipments are concerned, IL was
stated that no embargo had been placed
or was contemplated on grain exports,
The railroad administration, II was
stated, keeps an account OF all Its facil-
tiles, and calls for a suspension when
ever n shortage of tonnage or elevator
space threatens to tie up its rolling
stock,
Grain belt forecast; Illinois, Mis-
souri,, Iowa, kansas-TOmorrow fair,
warmer, generally cloudy today; Mime
sofa, North Dakota, South Dakota,
Enthusiastically fair tonight, to-
morrow warmer, fair.