The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-07-18

weather.
~GreenviIle. Tex. wires: Crops this
section continue 10 show marked i'm
prOyement as all farmers are getting
wei up with their work, and IS per cent
OF fields looked better with ex-
ception 6f lateness.
hard.
New York.-Smsll market, with Liy-
erpool moderate buyer and some Wall
stIeet ana scattered selling .-Gwath-
mey to Foster.
New lork.-May sell off some from
IT'S bull market.-Turner.
New 'OrleAns. -Iiverpool wires THE
country Is losing millions by strikes.
LABOR seems to nave gone insane, and
labOr leaders seem determined 10 de-
stroy trade, advocating less work and
more pay. Wages have Increased $50
yer cent and work decreased to about
nal shortage In stock Of cotton cloth
ana defnand for goods exceeds supply,
EacA o%ne-point decline in exchange rate
ABOUT s1c American points on the ship
pig parity Clark q Co.
New OTleans.-Marine strike seems in
fair way settlement. Map unfayorable
cotton goods htgher.-Fenner to Gus
New Orleans.-Hear of 10000 bales
booked here direct for Bremen, Ger
mary august shipment. If sterling
exchange market is stabilized az con-
tempiated by formation bankprs' corn.
mlttee, a disturbing feature win be re.
moved. Meanwhile weather deyelon.
ments may have their. usual influence
on ms nervous market, which IL very
sensitive TO unfavorable Innate condi-
'iohs owing poor crop prospects.-Beer,
New Orleans,-Dry goods reports con.
tItue very strong, not only in this
Country put also abroad,-Clark g. Co.
Strike likely to be settled tonight.
p po a goods stronger and higher.A
New York-Conditions in crons srs
Just as bulIish, but the foreign eYpbanee
lnnlhet Is temporarily checking prices,
any Improvement in same can cause q
4uick advance Jung to McFaiL
ing cloudiness and probability rsiny
weather extending over the belt over
Sunday, Clark & Co. w"
New lork-Bachs & Co: II looks to
W a ! cotton may be forced to a
opinion the present level fully dis
counts all of the present buliisA sur.
Liverpool cables; Shorts covering.
eNchaiige improved, now 1899.
New York--No organised effort to
yleek dem0ralizatl on Of exchange:
nankers trying 20 find SOM remedy,
IaiL River minis threaten 70 close II
doffers strike; demand ~slackening in
Worth street; 10 market letters Journal
commerce all bullish; map shows heavy
ram south Georgia and east gulf coaaf
-SleVenburg to Cotter & Turner.
New Orleans-Many North Texas
points reporting rain. Think we shall
see a rainy map for several days, as
cold wave coming on grain belt caus-
ing rainy conditions In South.-Kofien
to Clark.
New Orleans-Prospects of rain in
nearly all cotton states.-Beer.
New Orleans--Exports from all ports
2 Europe today viii compare with T.
COO bales this date last year.
Corsicana, Tex. wires: Heavy gen.
tfal rainfall since midnight"
Macon, Ca. wires; Continued daily
rains and boil weevils playing havoc
with cotton, Boil weevil now active In
IS counties in Georgia. Raining again
this morning"
New. York-Market quiet after OPEN
ing, Traders bearish on exchange sit
uatlon, but fear bad weather. Ma
jority badly mixed. Question OF COM
mercial condition versus weather.
ElhDpaTu 10 NeeBe.
Yields Texas traveller wires from
trowhwood, southwest Texas; Route
Austin, Temple, Lampasas, Brownwood
Crop improving slowly. SIN MANI
grassy fields. Cotton fruiting very
slowly, Blooms still extremely scarce.
Rain fell yesterday in Travis, William
son and Bell counties. More labor and
continued dry weather needed. Cotton
fully 80 days late.
Nart Vol, .,Iuo.. T.- N--
secretary of the Seamen's union, ex-
pressed the belief today that the strike
would be settled within "A hours.
New Orleans-Advance Of 2 cents
yard print cloths yesterday is equivalent
10 about l2-oent rise in value of the
finished product per pound, as about 8
yards are obtained from one pound OF
raw ootton,--Beer
New Orleans-Postal Telegraph con-
pany issues following bulletin; Cable
grams may now he accepted to Germany
and German-AustriR concerning trade
restrictions on messages are practi-
CAlly same MS on neutral countries, with
the added restrictions that they shall
only refer to trade. They must be full
ly addressed, In plain language, English
or French, be signed with not less than
a proper surname, only refer to trade.
Rate Is 3B cents per word,-Beer.
New York-Twenty seven out of 40
Texas stations reporting rainfall Of 20
TO 2,26, about 10 stations an inch and
over.
New York-Expect higher cotton
market, owing weevil damage reports
coming in.-BAche to McFall.
Little Rock wires; Liverpool house
just bought 500 bales spots, paying 40
cents here for IT,"
Ozark, Ala, wires: Rain here
amounted to 4S0 inches.
New York wires: Sterling firm In
early afternoon at 4,S7Ia VI, 4.37A
New orleans-The logical solution Of
the foreign exchange situation would
be found If very large extensions OF
credits were made to Europe by Amer
lean commercial and financial inter-
ests, Exports are at work on this
problem, and means will likely be de.
yised whereby the situation viii be Inn
proved. America has the material. raw
and finished to sell, Europe cannot
present, therefore must be favored
with large credits to enable them TO
obtain their requirements, much Of
which Is cotton textiles and raw cot.
ton.-Beer,
Grain.
Mempnis receipts: Corn !, oats IS and
hay 80 cars. !
corn IN, 0Oo, oats ST2, 900. Shipments
Wheat 5000, corn 81 1000, oats is, 900,
st. Louis-Receipts, Wheat S97, 900
corn 5000, oats 5000, Shipments,
Wheat $4,000, corn sc, 400. oats ~, 900.
Chicago-Corn opened weak on fail.
ure OF high temperatures and weather
forecast which indicates moisture OF
cool over 90 per cent of the belt