The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-24
ROUND The TICKER
Cotton.

THIS year than ever known. az the labor
simply is not in the country to take
care Of the crop since it has gotten
In this shape, Common field labor, ne
gro women, are being paid 81 to $3.50
per day and are not to be had at that
in sufficient quantity,
New Orleans-Announcement Ger
finally agreed unConditionally TO
peace terms encouraged active buying,
strike Of min operatives at Lancashire
apparently being ignored. Think peace
discounted, and although present spec
ulattve fever might create further Rd-
vance, think prices based on funda-
mental conditions high enough and eN-
poet eventual ~readjustment TO lower
levels.-Ellts & Co. night letter.
Clarksdale. Miss. wires: THE delta
crop is the worst ever known at this
season. Fully 10 per cent will be aban-
doned; about Is per cent, which is
being reclaimed from the grass, is too
late and In too bad shape to make any
thing, The average OF the best cotton
is three weeks late"
New Orleans-Raipy May, followed hv
a rainy June. whereas for the best Of
crop II should he a fairly dry month
There was much Cloudiuess and lack
of sunshine. The crop Is losing time
and lacks constitution.-Clark n Go.
New Orleans-Sensationally good Liv-
erpool I'm face Of strike situation. 20
litical news and bad weather all MAX
ing for higher prices, -Fenner TO Gus
tafson,
Now Ort.a,, ,ccora,rv n ~rrivate
40 kia ~ Nc HWnnnss ,r strilee IL
.,ss W. I..InI, ~ n.tdo
sVv,'eu any nurs MJu'u Nt an NV Wild
nnS." w, P'Un ,norLet MI
stoS onerS "S III = n,onetbs ON
the settlement Of the strike. There
new crops, but business done wa much
Immediate signing Of the peace treaty"
Shepard & Gluck.
No,, w., u,o. nc.,or.,
Mew fotk-hloor says NehSra,
caused nv report that GERMANY viii not
sign terms. causing weakness In cotton.
-Fallon
NJ, or,an r, IA
,,oELnc,mm Dtean ine'N ~ w NV ~
Nav, VII w ,"s m"i'neS,vn Id
~ ioih 1taIn I'p"i!s 'o'lon Soous
mills have been forced TO make allot-
ments among purchasers owing TO over.
sold conditions shepard & Gluck.
aus condition hmt Manhattan Of longs
on All hulpes keeps technical nositinn
healthy and rallies on any favorable de.
yelopment-Gluck
w.. VI. 80. ,,
MoTGs,wVo io'N I"tu"u prt"'omH nr "ma
NtN'tn'us nN.'A tu'nh "u'i,,'''l'",
We neIaeve malhet WIN nhou. wv, otHs
should be bought whenever il il pressed
for sale" OrvIs Bros. "As demand
continues strong there is nothing more
natural TO exnect than advice TO a
point where cotton will not be soon at
tractiNe to buy"
O..
to confer with Burleson to obtain for
teleRraphers the same concessions
which were granted to electrical and
elephone workers which II granted
would end the telegram strike clark
& Go,
w. o c M
view leans Hnhot zee Any I'm
5toNeIheht III Mea.ner 3u.inuN' Map H.
ulchues cohtlhuTa SLouuN' snowery
wea'ler III we peu, a,thoush tnere may
npt pe m1Sh Inin In thr Wess' out
easlerlt hhh wiz get plenty oi IT,
lark " "
New York-Wa)l street houses keep
on selling october freely. Some outside
liquidation coming in also.-Hubbard to
reese
New Orleans-Professionals playing
for ~some realizing reactions to check
advance and give market soliditv. with
continued bad weather and such n dry
goods situation as exists. do not think
market can react much. Chances favor
Increased trade outlet and expectation.
Clark n Co
New York-Wall street selling on idea
peace discounted; understand private
croh reports coming below 70,--IIub-
bard to Reese
New Orleans-In 1914 the six million
odd farms OF the United States pro-
l,,,,1 gr,r,, o.,a. IN mn mn nm ..n1,.. az.
average of about 1910 per farm. In
1917 the amount was $18. 500, 900, 900, or
more than $1,000 per farm. In 1918 tho
average production per farm was est.
mated at a value OF $2,bOO, and II will
probably be $4,000 this year, Now that
the great consuming countries or Cen"
trail and Eastern Europe win likely be
shortly opened TO commerce for the
1lrst TIME since august IVA: u Ia rea-
ssn'auae 70 tNpeU. 'Aas .la uem,an" ~,
manufacturers will gradually improve
until 1t reaches large proportions. which
should serve to sustain the present
prices-H, q b Beer.
Nou, Observation-Disclosures ia ohou, ali
thnro 4. ~ tha n,nruot, sho., aTfnrina q
would be large but for the extremely
u%nfavorable crop accounts which are
coming from most sections OF the belt.
Some portions Of Georgia and Carolina
continue to send IN very good reports.
Shepard d dluck'
New Orleans-A local freight broker
predicts that New Orleans will clear
at least 100000 bales OF cotton within
the next t"e 10 three weeks,
New Orleans-Tomorrow ends the
second condition period OF the season.
and a good line on conditions should
be gained from the weekly crop re-
ports at 10 O'Clock In the morning.
Shepard 4 Gluck,
New Orleans-The New Orleans cot
ton exchange commission rate a been
raised, effective Tuesday, July J. New
rates viii be $40 for members, $20 Tor
nonmembers on trades made al lbC ana
below, $l26O Tor members ana $25- Tor
nonmembers on trades maze AT lb'olc
and above.
London-Consols a off at b3L.
from every section adjacent to Colume
pus OF apanaommon pt t boar"u rpop
oayauSn W 80 hi wnovir.' 40
nor recall a gloomier outlook for this
torrItorv -Humber