The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-05-24
ROUND THE TICKER
Cotton.

New York.-lf deflation is on for |
good and the general ievel Of commedi- |
ties prices is 10 decline, there Is no use
trying TO make an exception or cotton
because there will be no exception: The
crop outlook fayors the long ana de
flation favors the sCller,-Ettleson toi
Clark & Co,
New York Bond, McFaddcn and
Bartlett good huyers,-Clsrk Co.
New York.-Manchester reports tho
cotton markets In favor Of the buyers.
Americans ruling slow and because OF
the big break in Egyptians the market
is very unsettled The India crop out"
look IS 10 per cent hisger tran lest year,
but the American crop does not look
good and we expect a number OF pri-
vate reports this week to show very
bnlnsh conditions Glover to Neral
New York.-The Journal OF Commerce
says: Reports received on SATURDAY
by banking and financial houses, mai
cate that there is a very far-reachlng
ana important REIMBURSEMENT Of busl.
moss conditions now in progress, OF
which the ruling Of prices In many ot|
the stores presents merely system OF
underlying conditions
New York.-Mueh disappointed az LACK
buying on those figures; acts oaaIy
again - Hubbard to Reese,
New York.--weather over SUNDAY
backward conditions Local sentiment
seems mixed on future course 81 mar
ket We advise purchase on all weak
spots.---Overton 10 Neral
New York wires some Wall street
buying at the opening
New York Feature Is liquidation
outside holdings Of July, while crop re,
poTts have not brought any material
support 10 distant deliveries so lar
Hubbard 10 Reese,
Nav York Heavy liquidation In July
causing general realizing Hutton to
McFsii
Nav York.--MArket quiet and does
not respond to sensational NauohHl
Glnners' report as II should.
Storm warning: Disturbances report
ed west Bermuda last night moving
north or northwest, Maps show sllEht
measure off Florida keys this morning
barometer 2esb,
Nav Orleans-~Fall River reports
say that last weeks business In print
oloth was the smallest In fiNe years
fatal sales being estimated at only
1900 pieces q.
New York ~ Outside conditions are
against a sustained advance, nut peho,
ing the bureau report the mhThst may
do hetter,--S 9.
New orleans--Private reports from
Oklahoma tell Of some very hehns
rains In that state. The New orleans
cotton exchange will suspend spot ana
future business June j. confederate
memorial days, a O.
Chicago. Never so hullsh on cotton
as now; soc certain. Wade Armstrong
TO Wells & Gustafson.
New Orleans.--San Antonio says:
Crops here while late are very goou
we have all kinds of cotton, some
three weeks late some six weeks late,
and some two months late, but II IS
All looking we'll Were II not for the
boil weevil an average crop would be
almost assured, Cotton acreage de
creased, many fields IN corn and others
idle. The decrease varies IN localit'es
from To IS per oent,--kofler
paarsaII Nav York. wires; Short
sellers in cotton supposed to be up
town, and stock exchange people most
N were said TO he influenced by re
ports OF cancellations In goods trade
eisnt Reports Of heavy cancellations
IN wooden. silk and cotton goods trade
had nnaettllng effort on stock market
and this increases uneasiness IN cotton
narket.--Fenner and Beare TO w, q g.
Grain.
Chicago. Western railroads are get
ting more hoKcars for moving grain
and the orders now out are Tor NOR
meat by eastern and western roads. a
few of the larger grain handling roads
are loading ~ 10 50 more cars per day
than heretofore. Corn receipts OF
.0O0, 900 bushels here last week were
the largest at this time in over four
years Ticker,
Grain belt forecast; Probably show
ara tonight and Tuesday, cooler eN'
cept fair in Nebraska and Kansas.
\ Chicago, Price for pasture in Kan
sae this season slunped on an aver
age Of IS per head, the range this
$40 10 sac last year Ticker,
Chicago. Continued liquidation IN
all grain with lower prices should be
looked for. however. with such large
markets II is easy TO get rallies OF
e : cents eushsl. Very Very large
There Is a big carry in wheat
which might easily 30 10 pieces after
June l,--O'Brien to Mctall.
Chicago IN corn covering and
q number OF the local traders have Ia
ken long side Cash men do not ex,
part OF the week. Market likely e
rrove choppy until movement actually
fnaterialiEes. - Babcock TO Clark 4 Co,
Chicago. The trade are overlook Ing
the fact that receipts Of corn, whil,
not large. are more than double lts
we're s0l4. 900 against / .tb7 900, yea
ago we had no contract stocks AM
prices broke 60 cents a bushel. Condi'
tions are much more bearish this year
--o'Brien to McFHll.
Stocks.
New York.--The liquidation that ha
occurred in bonds and securities
what might have been expected unde
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