The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-09-17
ROUND THE TICKER
Cotton.

SShNSAh
New York -Liycrpool bought and fair
scattered demand, light offerings, some
traders bullish ON domestic trade sttua-
ton. Ignoring exchange handicap on
eNportS,-Cleve TO G. 4 +.
New OrleanS-Think advance too
rapid, setback Ia order, but trade re-
Nising crop estimate doWuward-Fen-
her N Beane 10 GuStatson.
New lork.-On further advance would
lake profits don't like strike news
MShlroE 10 tCtter Il Turner.
New Orleans. II, 900 bales short staple
cotton just beef sold on good basis
holler 10 Clark & Co.
New Orleans.-Damage was consid-
cradle to cotton South and Southwest
Iexas and laps have turned to eastern
uett 10 replace ergagements for cary
eetton.-C, p Ellis to Reese.
New Orleans.-Map looks like gen
efal bad weather belt Wall street re-
view continues optimistic. Easier call
money rate on Schwab'S optimistic re-
ITERATION that we are on threshold OF
me greatest era Of prosperity ia our
history, helps to sustain the buuyaut
course of market Wall street houses
buying, yesterday BUYERS taking prof
its. local traders buUish expecting out
side buying. Market looks higher
Beer TO McFall.
New York, Overnight filled and mar
ket began To decline. $50 point advance
ton. ~
New Nork.-Exchangc weaker, sterl-
ing Al21a; francs ga; marks, 3.l5.
New Nork.-Trade buying is some
What more active, export business is
quiet, as foreign exchanges were de-
m4raiihed Yesterday and British inter
estS showing much concern at the trend
OF alidlrS. The steady advance in price
OF Silver is favorable to trade with
eastern countries. The price il now
ABOUT the average Of 200 years previ-
gus 70 It's delnoneti2atiun by Germany
IN lS'S,-Fallon to S, 4 G..
New York,-Cotton opinions; Carpcn-
ter-lt would be wise on any further
advance TO take profits and look on
LOT q While, but not to 20 short. S. NJ,
we've believe IN higher prices ulti-
nately but only advise buying on weak
markets Orvis Bros.-rhere Is hardly
any nance to give reason for sustained
hlgher prices in the immediate future,
SO It is not improbable that the lower
tendency may be resumed.
New Orleans-The weekly crop nc
counts must be called bullish because
OF the ~untavorable comment regarding
sNctssIHe rains and damaging winds in
ANNHc anu the statement mat the
yield is poor ia Georgia, where the crop
VIII De mostly picked by the end OF
september, Reports from other states
are miXed,-Shepard 4 Gluck.
New Orleans-Rather think 1t has
done Its best for present,-White to
Sheppard d Gluck,
New York-Wall street houses buying;
yesterdays buyers taken profits, local
traders bullish expecting outside buy
lng'-Hubbard to Reese.
New Orleans-Shepard & Gluck had
the following wires from Texas: Green
VILE Cotton sold last night in this
territory as high as "a cents. Temple:
Crop conditions are alarming. Worms
are numerous and trailing from field to
field, stripping plants OF foliage and eat
ing half-grown hollis. No chance for
late cotton to make,
New Orleans.-Selling Is general and
Is coming from all directions. A gloomy
view Of the labor situation Is, the one
excuse heard for the offerings. Bulls
OF yesterday are, In nan cases, bears
today, The foreign exchange market
has taken on a distinctly better tone
ana all late quotations are net higher
for the day S. & G.
New Orleans Understand better spot
inquiry here and several sales made
above quotations. Higher basis asked
for better grades. Looks like they
| are trying to scare the market with low
sterling exchange quotation and the la
Dor vote at Pittsburgh. hut September
commitments nave to be filled anyway
Don't think there IL much scare In the
market.-Kofler.
New Orleans.-Waoo, Tex, says re-
ceipts unusually small for his time of
| year and farmers holding 80 per cent
OF ginnings, Bullish reports continue
coming in regarding crop and we think
market will receive many reports serl-
GUS deterioration Texas next few DAYS,
light rain falling through Central Texas
tonight.-Beer,
New Orleans Reported a list Of !, 800
bales spots sold at fun quotations.
Kofler.
New Orleans.-One OF our Houston,
TEX, correspondents wires: Can not
estimate just now, crop very short
South Texas anyway and half gath.
cred, some lost and grades lowered
PVT DON'T think amount great deal un!
der circumstances. Property loss around
Corpus Christi very heavy.-Beer to
McFall.
Grain.
Memphis receipts: Corn 10, oats 80
and hay II ears.
Chicago-Receipts: Wheat 1875, 900,
corn 496, 900, oats 602. 900, Shipments.
Wheat SOC, 900, corn 1880 oats 2S8, 900.
st, .Louis-Rcceipts: Wheat 1854, 900,
corn 5000, oats 10000. Shipments.
Wheat 1900, corn $4,000, oats SO, 900.
Chicago-Some local buying on pri-
vate reports of damage by recent gulf
storm in parts of Texas.
C~hicago-Am unable to see how gulf
storm could reach Texas crop. The
farmers holdin" propaganda is ignored,
me buying In the early market has
disappeared entirely. Seems to be gem
eral idea that a downturn is due. Trade
not large,-Babcock to Clark e. Co.
Grain belt forecast: All states un-
settled tonight and Thursday with not
much change in temperatures.
Chicago-Large upturn In September
corn attracts attention. Current week
report says frost can do practically no
damage to corn. General reports from
the corn belt suggest an early crop
movement OF new corn.
Chicago-Broomhall cables: Trade in
oats in the United Kingdom remains
very quiet, prices remaining steady; Of
terilgs Of. foreign sorts exceed the de-
mand, and native offerings are lncreas-
inR.-Wagner & Co.
Ch~icago-Private reports are that hogs
49, W CT lllt AdIlbs
C~hicago-Corn and oats have eased Off
from the top figures on profit taking.
commission houses fair sellers and local
bears have been sellers Of oats. Buy
ing demand not quite 80 urgent az
early,--Wild to Shepard g. Gluck.
New York-Reaction in grains was
helped by Labor Organizer Fitzuat-
rick's fierce attack on Judge Gary. He
blames several murders on Gary and
says Gary will have to go,-Wild.
Ch~icago-James Patten wires from
New York; This foreign exchange
situation is bad and I cannot find any
one that is optimistic about It, at least
for ONE time to come, Industrial stu
alton begins to look like a factor in all
markets. Believe this corn will go lower
than the recent low levels, "--Babcock
to Clark.
Chicago-Only "a. 900 contract corn in
Chicago with large open In September
CORN w will nHnho h1yr .At -.