The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-09-19
ROUND THE TICKER
Cotton.


Cotton.
New Orlesns-Map shows generally
cloudy. bonEshoremen say strike win
not take place-Beer.
Nicksburg. Miss.-Very poor crop,
chances very much higher.-B. T. Field
to McFall
New York-Ltverpool the seller IN
small market; many been buying abroad
and selling here's. T. Hubbard TO
Reese.
New Johannesburg on steel labor
news may cause depressions, but the
main feature In the market Is the play
TO get contracts for the bureau, and
believe a good demand will be encoun-
tered on all breaks,-Kofler.
New Orleans-Favorable weather man,
but some buying on theory strike dis
counted and better demand spots.-Fen-
ner to G~ustafson.
New Oreans-The foreign exchange
market Is easier this morning. Sterling
is one-eighth lower at 4.l5S; francs are
two centimes lower at S,92 and marks
are 10 OF a cent lower at 3.~75.-Shepard
q Gluck.
New York-Ffrm on covering by pro-
fessionals who sold yesterday and on
telegram from South saving growers
won't seH.-Clevenburg to Cotter d Tur-
ner.
New orloans-A new strike feature
looms up locally. The longshoremen's
agreement with the steamship COM
panies expires Sept. 30 and rumor has
1t they will ask for a so per cent adj
vance in wages which companies not
likely to grant. II a strike takes place
1t VIII undoubtedly cause congestion To-
cally and may cause heavy tenders on
| OCtober.-Shepard a Chuck.
New York-Overton Of McFadden
says: Basis cotton is SITTER than at
any time on new crop, lateness Of crop
Is causing this condition as early com
mitments TO be filled finding difficulty
in getting cotton. Trade demand under
market yesterday and buying on recess
sions with professionals hearish AID
against market on labor situation
Clement Curtis 4 Co. TO McFall,
New Orleans-Greenville, S. c., re-
ports a large spot demand from Caro-
lima mills.-Shepard & Gluck,
Liverpool cables: Shorts covered at
the opening; later there was some hedge
selling"
New orleans-The weather map Is dry
and fairly warm and Is, therefore, favor
able on the whole, A very few light
showers are indicated in South Texas
and along the gulf coast. but no rain
of consequence fell overnight In the
cotton country.-Shepard & Glutk.
New Orleans-Market advanced on
shortage Of contracts and shorts cover
ing in advance OF bureau.-Beer.
New York-Very little selling would
put market down under last nights
levels, Shorts pretty well covered up
and market lacks snap to advance ex-
cept by continued buying, which is not
now in evidence. Would sell on all
rallies, not ignoring quick profits
Bache & Co. TO McFall.
New York-Sam Gompers announces
he will have statement to give u
Monday, the day the strike of steel
workers is to go into effect,
Observation-Disclosures Wilson tried
to have Gary meet steel union heads
but was Observation-Disclosures,
Chicago-West will buy cotton on any
let-up In steel situation pressure. Far
well 4 Field reports bullish and trade
generally seems to think price adjust
ment on goods some ways off yet, Some
thing long ways Off.-Dennis to Reese.
New York-Believe they will 20 on
strike and be beaten. Gary knows the
probable extent German competition on
steel bullets at present prices. there
fore has that on his side, which Fftz-
gerold does not know.-Hubbard to
Reese.
Grain.
Memphis receipts: Corn Z, oats 5 and
hay 8 ears,
Hog receipts: Chicago, 5000; Omaha,
1000. Kansas City, 1000; Sioux City,
5000; st. Joe, 1000; st, Louis, 5000.
Chicago-Receipts: Wheat, $40, 900;
corn, 255, 900; oats, 317, 900. Shipments;
Wheat, 5000; corn, 1873, 900; oats, 1893,
900.
st, Louis-Receipts: Wheat, 356, 900
corn, 5000; oats, 9S, 900. Shipments,
Wheat, 244 1000; corn, 10000; oats, So, 1000,
Chicago-The farmers are going te
have something to say from now IN He
has already quit selling his corn ant
oats. as receipts show. Buy all grainl
when weak-o'Brien.
Chicago-September corn looks high
enough again, and December Is proba-
bly, high enough, too, for this turn.
Think there Is a good scale order play
in selling May oats, and follow them up.
No one thinks for a minute May oats
are going to be over 70 cents next spring
with the world promising adequate
crops then.-Dennis to Clark.
Chicago-Exporting house here says
there is some inquiry for October-N No
vember shipments of corn to the United
observation-disclosures.
Chicago-ReceiVing house tells me II
I hAtANQ U&Nh ShNAAA SA~ W." 1871 tAh'
Dakotas. Considering the time Of year,
this Is distinctly unusual INC carries the
idea that the reserves of old corn are
considerably larger than expected
Babcock.
Chicago-A little too much selling Of
corn and oats by small traders. Mar
kets may rally slightly on their cover
ing, but no important buying going on,
-Babcock to Clark a. Co.
Chicago-Modern Miller: 1.-THE re-
duction in blowing for winter wheat is
Is per cent below normal and IS per
cent less than at this time last year
when fall work was largest In history.
The delay has been caused by drought
and hard ground. Flowing in winter
wheat has been commenced. Wheat
threshing has been delayed in South
west by the scarcity of cars and thresh-
ing crews. Much wheat there Is piled
up on the ground awaiting movement.
Expected there will be a falling off In
the wheat movement, as farmers say
intend to hold wheat for higher prices,
many Of them naming SO as a minimum,
Corn Is mainly out Of the way Of FROST
Stocks.
New York--one of u big banks has
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