The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-09-18
ROUND THE TICKER
Cotton.

new CONGRATULATIONS are for I'M
settled weather In belt, cold wave show
ing up over northwest Will be felt over
north toward Sunday.-Kefer.
New orieans-There Is an idea hat
the walkout threatened by Fitzpatrick
would involve only a minor portion Of
the steel workers. Bear element gained
temporary control on sentimental In
tluenees, but cotton facts so strong
that they will assume control again
shortly. Despite break in futures Yes
terday our spots were firm-Kofler 10
Clark & Co.
New York.-Everything favors ad-
vance except uncertainty strike; de-
mand good; basis higher.-McElroy to
Cotter & Turner.
Chlcago-Logan 4 Bryan: The cot
ton market looks a sale on al lsharp
rallies. Unless the Southern holder ex-
hibits a keen willingness to make
hedging sales 1t is doubtful II values
Will go much lower.
New York.-S, NJ. Weld; Although we
advise buying on weak markets, we
are not inclined to buy just yet. Hub
bard Bros: There are rumors of the
near importation Of fine cotton goods
from France,
New York,-Demand poor, profess
slonals selling in absence support
Cleve to c. 4 T.
Chicago, -o'Brien says Yesterdays
break was caused principally by strike
talk and unsettled conditions in gem
erai, Traders a see but one side
ana sell grain on any news. They are
overlooking the real condition of large
demand for both corn and oats, which
may not affect the trade until later.
-OBrien to McFali.
New Orleans,-Liverpool better than
y !; strike situation still in An IN
| ReIIlAn condition. thnh0h ttig ar,uNnA
to go into effect Monday. Beer.
New York-Bache & Co. say: Indus
tr!al unrest and demorallzed exchange
situation prohibits purchase Of cotton;
would sell It for good turn.
New Orleans-West and East now
selling cotton-Beer to McFall at $3.50
a. m.
Atlanta. Ca, wires: III the market
should decline half cent more we would,
see heavy buying from Southern mills
In both spots n futures
New Orleans-FoTeign exchange Is
steady this morning, Sterling Is a
quarter cent lower at AJAX, but francs
are 1! confines better at 9,0l and
marks are unchanged at 3,75,-S. & G.,
New orleans-Bartlett. Tex, wires.
Army worms have attacked and are
destroying half grown bolls. Prospects
In this territory are decidedly less ia
vorable,"- IS & G.
New Orleans-Waco, Tex, North
Texas movement freest in state, prices
being 80 to "a cents to farmer, else
where very light. Light to good rains
central and west Texas off and on dur
ing day.-Beer to McFall.
New Worthwhile spot sales in Liver
pool are 5000, 1t Is at a decline of 16
points and futures are better than due
by 10 to 10 points. This, too, in spite
OF Manchester advices showing some
Improvement, The fact is that the raw
material and fabrics are divorced.
The crop may be small, perhaps very
small, but with the carry over supplies
are fully ample for the reduced worlds
requirements, Hedge selling is getting
to be done in larger volume and re-
ceipts at Georgia points are increasing,
Fabian to s. & @.
New York-Liverpool Tattersal's cir
cular 18th y Prices easier on
safer level now for fresh buying; Gus
toners cannot hold off much longer;
prospects certainly bright; however,
confidence in prices must be restored
first. Numerous outlets; East, West,
likely require large quantities goods;
continuance profitable; trade yarn
seems well assured; recently distinct
Improvement cloth business is. NJ,
Weld g. Co. to Gibbons.
New York wires: ThInk outside fea-
l luINB nave IMPLY hNlSu OF DelltVN mar
ket will over increased resistance look
for two-sided market now; believe in
purchases on weak spots.
New Orleans-Rumored l~ongshoremen
ordered to strike involving all South
crn ports. also that orders to strike
Monday have been issued to steel work.
ers,-Beer to McFall.
INV York-Market strong due to high
rates received from other side and short
| acvaFtpU nan1unh GtarlipuI uotnaJ 40
to $4.151a.
Washington-The census bureau will
Issue a report on cotton seed and cot
ton seed products for the month ending
Aug. 81 at 10 a. m. tomorrow,
New Orleans-Reported 1000 spots
sold yesterday after hours. Good look
ing around this morning and believed
that with a steady future market, spot
business viii result.-Kofler to Clark
& Co.
New Orleans-Weekly movement into
sight will compare with 267, 1858 last year,
with 247, 0S3 in 1917 and 81 .574 in 1916.
Spinners' takings ornpa with 203, 900
with 1856, 900 and sol, 900 bales.
New orleans-The market is not hold
ing well because of reports Of freer spot
offerings from the central portions Of
the belt.
Ennis, Tex. wires: Showers are gen
eral in this section and are damaging
open cotton, Good demand for spots and
farmers are holding for higher prices"
shepard & Gluck.
New Orleans-Think decidedly unfa-
vorable crop outlook offsets labor un-
rest and other bearish features: favor
purchase on breaks.7Weld & White to
Gibbons.
Montgomery. Ala.--The critical period
Of the crop has passed. Weather con
ditions henceforth can only influence the
ravages of the boil weevif as we'll as the
wasting Of cotton in the fields. An early
frost will have very little effect in the
southern part Of the belt as no top crop
Is expected. In the northern part where
the boil weevil Is ~nonexistent a fair
top crop is expected, except In some
sections Of North Georgia and the Caro-
iinas. The rainy condition prevailing
during the first part Of August has had
a very beneficial effect on. the staple,
cotton having matured very slowly and
not being forced to maturity like it
usually Ia during August or even the
early part OF September, we find a vast
Improvement in the staple all through
the eastern part of the belt.-Weil
Brothers.
Grain.
Memphis receipts, IA, oats IS and hay
rs cars.
HOG recelptS-Cnlcago, 2U,OOO, Omaha
1,600, Kansas CITY 1900, Sioux City g.
900, st. Joseph 5000. st, Louis 5000.
Chicago--Recelpts; Wheat 922, 900,
corn 213, 900, oats 300, 900. Shipments
Wheat 913, 900, corn 1875, 900, corn 49,
600, oats $4,000.
st. Louis-Receipts: Wheat 221 900,
corn 2 $1,000, oats $4,000. Shipments
Wheat 230, 900, corn is, 1000, oats 1000
Grain belt forecast-Illinois, Missouri,
Wisconsin, Minnesot~ and Iowa, show
ers n colder; North and South Dako-
ia, fair and cooler; Nebraska and Kan
sas. fair followed with cooler and I'M
settled weather.
Chicago-Think corr a purchase on