The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-06
ROUND THE TICKER
Ootton.

and Japanese buyers; market very I'M
settled, but less LIQUIDATION. win prob
ably rally, but doubt holding.-Hub-
bard to Reese,
Liverpool cables; Think liquidation
New Qrleans-last year during the
month OF August the cFop deteriorated
IFS points, but at the present rate the
condition OF this crop will be far above
me condition Of a year ago by the
2Sth OF the month when the next re-
port Ns made up by the government,
New Orleans-Weather generally fav-
western belt, 10s FSSrt smith TlpG."' &rk.
P~rofiteering to be run down. None
to be found in cotton, except perhaps
with spinners. Numerous strikes in
England, bakers strike In Liverpool, no
bread made for the trade. Demands
o. railroad strikers causing apprehen-
sion In this country.
Liverpool cables; Market advanced
on scattered buying, Eased afterward
on long liquidation, both emanatinE
Manchester, market very small,
New York wires, Sentiment mixed
but Wall street and Japanese brokers
good buyers, Mitchell sold.
New orleans-There is much in gen
eral news to indicate coordinate opin
ion and design to cheaper the mar.
ketS. London publishes a long list Of
strikes and labor troubles. Our strike
Is given prominence In the press and
reports from Northern mill districts
say mills viii not buy for some weeks.
Clark & Co.
"A New Bedford, Mass, wire said,
Manufacturers Of fine cotton goods are
Sonunuing to play the policy Of watch.
~ waiting the cotton market for
the chief bar 70 these min men making
any serious effort TO book new orders,
Already sold up In most cases as taT
ahead as their present supplies Of raw
material Will carry them, they find Il
impossible TO purchase suitable old cot
Ton crop to cover further orders for
cloth. The situation has been eased
somewhat during the past week be-
cause or the new crop. which has beer
offered In fair quantities, II the mil
men were willing to p1S the prices
asked The fact that the more re.
liable shippers are not offering new
crop. coupled with the fact that the
manufacturers hesitate at asking furth.
or increases In prices for their prod.
uets, has had its influence in dis.
e~ouragtng Inquiries for goods, and II
Is expected that this attitude will bt
maintained until the end OF the month
~ an effort to, keep prices at thell
present standard.
New orleanE-Weekly weather re,
ports favorable rs a whole, but some
shedding and extensive weevil damag,
reported.-Beer 10 McFall.
New orleans-The market will prob.
ably be a trading affair, with wild,
fluctuations As market Is we'll liuui.
dated, buying on breaks should hay,
a good chance for scalping profits
Clark & Co.
New O~rleans--The weather man Il
very favorable this morning, general,
clear weather being shown over tn,
cotton region. In the belt proper ther,
are only three wet stations. MorninI
dispatches state that the railroad strik,
Is spreading In spite Of the attemptI
by labor union officials to hold the me,
untl a vote can be taken. New Yorl
again reports a MET and easier eottoI
goods market and New Bedford re
ports not written in an optimistic vein
Shepard 4 Chuck,
New York--Bad break in exchange
sterling &SiM, off txo; francs $3.50
Early New York wire said banker
had scheduled meeting for afternoon L
stabilize exchange,
New York says decentralization II
early exchange market; francs brok
u points, sterling 4 points.
New DEMONSTRATED acts like we
hquidated no d0Mht many cheap con
tracts passed into consumers hand
on the decline. Bears got to cove
from each other.-clark g. Co,
New orleans--Steady at advance 1
lace or weakness foreign exchanE,
Trade very much concerned over re-
Iofts shedding and rather extensiv
damag by weevils many localities belt
Echles, Liverpool. cables: Think lon
interest Liverpool ~liquidnted. Thin
New O%rleans--It Is rumored that til
rate OF France exchange has fallen 4
eight francs to the dollar, an unhear
~ dseotation. The price on the clos
Yesterday was 7.44. BY some peopl
this Is thought to be the real reason 10
calling OF the foreign exchange com
mission to an important session In New
York this afternoon. Shepard & Giuck
New York--Buying has been don
on assumption that a five cen declin,
$ sufficient to all bearish features
turb market and labor leaders In n,
mood to be placated.-Fallon,
New Orleans-Would buy this cot
ton on these quick breaks. Contract
around ring grow scarce on any sig
OF real ~buying.--J. w. Barkduli to Nc
Fall.
Grain.
Memphis receipts: Corn 10. oats
and hay II cars.
Chicago-Recelpts: Wheat 1885,, 900
corn 10000, oats 723, 900. Shipments
Wheat 1850, 900, corn $50, 900, oats 1876,
600. "
st, Louis-Receipts: Wheat 22s. 0O(
corn II, 5000, oats $4,000. shipments
Wheat 270,0 900, corn 2S, 900, oats 81, 900,
Chicago-Government weekly Unite
State crop report on corr about
standoff. Spring wheat very poor. Dat
below expectation In some central dis
tricts.--Wagner g. co.
Chicago-We believe that the advanc,
In December corn at the opening fun,
discounts the overnight news.-Wild,
Grain Forecast--Illlnois, Missouri, AM
cooler tomorrow. Minnesota, Dakota.
and Nebraska, generally fair tonight a,
Thursday cooler. Iowa and Kansas
unsettled tonight, Thursday general,
fair, cooler.
Chicago-The selling Of grain late yes
terday vas on reports that price o
wheat would be lowered to $l.76. /
now turns out that there will be NJ
lowering Of wheat prices, Mr., Barne
In his statement plainly shows It is no
the farmer who Is the cause OF tn
high cost Of living, but the middle ma
and profiteer. The break yesterday wa
without cause. | expect to see all price
sharply higher today .--Obrien to McTall
Chicago-Sales Chicago today aroun
$50, 900, Including so, 900 10 the seaboar
and 100, 00e to a Southern port.
Chicago-Buying demand for Decem
Der corr on the bulge only poor. Loca
trade inclined to believe tho corn Gro
may be only a moderate affair, but the
are watching the International news
Wild to Shepard & Chuck.
4,