The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-21
ROUND The TICKER
Cotton.

New Orleans.--This second heav,
aecllne at Liverpool is likely to SHOW
| the markets the seriousness of IN,
| SITUATION of Europe, Asia and together
| with the unfavorable treaty news from
Ele conference, the tug strike at New
| Maple to produce more sustained re.
ACTIONS IN our markets.-Kofler.
= New York Journal Commerce saws
In several directions in the cottor
goods market there is a noticeable
tendency to magnify anything thai
VII give. bullish aspect to trade
Dozens of jobbers tell about the good
trade they have done and saw iittHlee
ABOUT the strong resistance retailers
are showing toward paying the higher
prices gobbers are now asking, Mean
Whue the financiers in the trade grow
more tlmorouls as they read of rising
price for mill stocks for mercha ndise
and money.
New York.-Understand Iiverpool
cabled another firm here of continual
MANCHESTER LIQUIDATION and lack. of de-
Iland'-Hubbard to Reese
New York.--Reports here strike
MANCHESTER. Three thousand notices
on January here.-Hubbard.
, New York.-Strike now general
throughout Northern and Central Italy'
out southern employees not vet Joined
htn I state of siege proclaimed
Dy government today at Milan Turin
Genoa and othher cities. Hubbard to
Reese. "
New York.-Weakness Livernool
probably won't effect us much as they
ran too far over New York and arc
adjusting themselves.-Cleve to Cotter
IL Turner. 'te'
New Observation-Disclosures Livernool
o3 ,uniavorable, political conditions
ana HIuldation. Sentiment less bullish;
may have some further decline hut
unless spots weaken don't look for anv
uechhe or conseqCance.-W
!, New Orleans,--Augusta Ga. writes
!nat there has been more winter plow
ing than for years; weather good and
larmer getting good start-White TO
Cotter e. Turner. "
New York.-Sman business, Liver
pool sold distant, but lack of pressure
on hears held market.-Hubbard
New York.--Unconfirmed reports
~ riig weaVers in Manchester going on
Foreign exchange bringing out selling
Jung to McFall '''e'
New Orleans.-Market anticinatine
uhtaVorable news from abroad IF siteo
uatlon in Europe gets worse, il woIIId
NOT De improbable to see exports de-
Sclne as cotton might be ordered held
yum VII Jul Slue,--hOfler
New Orleans.-Don't. think will work
fnuch lower unless foreign news be-
comes worse. Spinners takings tbje
week last year 223, 600 and 81 non ''i in
1918; were $4,000 last week,-Beer r.
Neral eor "
National Ginners' report by states;
A labama, $4,000; Arkansas 74f non
Georgia, 1,644,000; Louisiana, 294 00O
$4,000; North Carolina
S,iu,Voo' oklahoma, $4,000; South Caro-
Ina. l;42l, 900; Tennessee. 246, 900
l0,272,000. ''''' 'o'a''
New York.-The cotton market will
probably pay more attention to The
change In sentiment in Livernool TODAY
than it did Yesterday Heavy Liver. |
pool selling was feature Of cotton
market during first half hour.-Slater
New. Orleans.-Reports reaching this
side OF water say that martial law has
been proclaimed in Italy because Of q |
railroad strike The only explanation |
for LlVerpools weakness to reach thisI
market IS given in this cablegram frnm |
w ED: Renewed liquidation on a small |
market IS. & G. ''"'
Texas City exports u 1893 balls If
COTTON ~ I1oa TO-DAY, Total exports eis day
''V" iol At IS lne purnOSA IN vino
out any difference that pre- ,siIs b p'
tween regular commercial discount
rate and reserve board rediscount rate
rms being so. to force lituidatior and
reduction Of BORROWINGS Fo iii, 9r,u
this course it is NOR than likely T thai
rediscount rate should reach ~ t amd
then Il necessary, q per cent, 0wn %rE
ot commodities viii have 70 tai" thS
situation Just as traders in stocks a ,ng
means In my opinion. lower nri %nu
al around,-Ette'son to CLARK & G Po''eS
=. New Orleans THE issuance in New
I I S Gtk OF soy January notices Inv
Pflieger and |Bachc undoubtedIv hay
,auSed much of the selling this mora
nd GlucE. ''''' NJ ahep-
New Orleans.-Outsider selling on
o,SlSn political news and weakness
,NchahgSet,-very little speculative SIM.
New Srteans-Ou shipboard New Or
eshS, l22,0o0, against IS. 900 steamer
>ptaham Lincoln had 80 O0O bales on
ua I, expected TO sail for Italv In I'm.
,eulatt tuturr, largest cargo Of cottn,
ntr llted from an American mort
'ec'Ftary Hester makes average weight I
7 "