The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-09-23
ROUND THE TICKER
Cotton.


very bad, which win affect the basis
OF staple cotton this coming season.
S. q c.
Philadelphia, Pa. wires that fresh
weakness has developed In the cotton
yarn market here and business re-
ported being done at 10 cents a pound
below last previous sales.
New Orleans.-New York wires that
Liverpool. the South and Wall street
shorts and there is a little trade buy
ing,-S.l& q.
New Orleans.--West Point, Miss,
wires: The weevils have about eaten
up all young cotton In this state. Our
crop will be very short in most sec
tons. Farmers are carrying their cot
ton back home, but not many are gin
ming yet and cotton Is slow to open,
being unusually late.-S. & @.
New orleans.-The violent flucta-
tions witnessed yesterday reflected the
narrow market, void of outside interest
and completely in the hands of profess
SIGNALS. There is a deep-rooted bear
ish sentiment in evidence, condition
usually displayed when the talent is In
charge. The producers have shown
conclusively that there is a determined
disposition on their part to refuse to
meet a declining market and it remains
to be seen how successfully they can
carry out their policy.-Gluck.
New k.-Liverpool cables rumored
miners strike notices postponed two
weeks,-Clark & Co.
New Orleans-The market is almost
wholly under the influence of unfavor-
able trade and labor news, but some
traders are beginning to get uneasy
over the rapidity of the decline and the
growth Of the short interest.-Shepard
& Gluck. -.., '-.
s-I L. % TNItr q
Of Commerce says unless spinners ana
niece workers agree to resume. work
before Tuesday employers may declare
general lockout in Lancashire district.
Inference is bearish in most of market
letters published-Clevenburg to Clark
& Co.
Chlcago.-Price reduction from 10 to
90 on all kinds of merchandise are shown
in newly issued catalogs of Sears Roe
buck and Montgomery Ward.
New York.--Jay & Co. places the
average. condition Of the cotton as Of
Sept Is at SIS soo G The indicated yield
OF liuters. The consumption during the
coming season by American mills is
placed at $3.50, 900 and by foreign mills
also $3.50 900 bales.
New Orlears.---T,ower prices for cot
ton goods will attract more. trade buy
ing and will not add to size OF crop.
Instead likely increase consumption
Beer to McFall.
New York.--Western and Wall street
houses are free sellers on reported cut
in prices OF goods.-Hubbard.
New York,-Liverpooi been large
buyer.
New York.-Local selling on Amos
keag cut in goods; nothing about coal
strike; crop estimates VIII be puhsh'-
HUBBARD to Reese.
Certificated stocks Sept IA: New York
7,647; at New Orleans $3.50.
New York.-Market acts comfortably
short likely to have reaction.-Hub-
bard. ''
Liverpool cables: Strike conference
adjourned Until o'clock. Rumors strike
notices will be postponed two weeks.
Cotton strike outlook slightly more
hopeful
New Orleans--Storm warning down
Cape Henry to Charleston. Disturbance
last night off South Carolina coast has
moved inland and will diminish in in
tensity.
New York.-First notice day of oc-
tober contracts is Sept 2S.
Cuero, Tex, wires; Sinner compress
with 1000 bales cotton burned up last
night.
Houston, Tex. wires: Basis continues
to break. Cotton selling freely in coun-
try. Notwithstanding gloomy reports
from abroad there is quite a nice bust
ness doing for eXport-Beer to McFall.
Grain.
Chicago.-Three hundred and fifty
cars of corn at Chicago and bears ex-
pect liberal receipts all week. Argen-
tine corn &c lower. Bartlett Frazier
Co best sellers September Weekly u.
S. crop report suggests so to 80 per
cent corn be safe Oct. l If dry and
warm holds out.-Wild.
Chicago.-New York wires large ex-
porter who made big sales wheat yes
terday says sold over 100000 bushels
wheat new business overnight.-Wag-
ner to S. G.
Chicago.-Country offerings of corn
liberal and bids for 10 days shipment
almost impossible to be secured. There
was free selling wheat early, despite
the immense export business. Some
buying by cash houses on the break.
Wagner to S. & G.
Internationally selling old corn
very freely again. Buyers are selling
September against it. There is also
some selling of the new crop. Hear of
one sale at SC under December for
December shipment.-Babcock to Clark
& Co.
Chicago.--Houses with seaboard con-
nections have been heavy buyers De-
NtllbNl wheat
Chicago. States trade re-
ports of cut prices had some effect at
opening. Corn receipts large and we
believe they will continue large. Corn
| crop news suggests at least a 5000,
| 100000 crop.--,Wild to S. & G.
Forecast Grain: Kansas-Generally
! fair tonight and Friday; not much
change in temperature. All other states
Probably showers tonight and Fri
| lax Iottch oh n tttr
| Chicago. -Champaign, H., wires
Know Of several country shippers who
are selling September corn this morn
| ing and shipping corn to Chicago to fill
| their sales 1t brings them at least II
| cents more than could be put anywhere
else.--Wagner to s. q q.
Chicago corn has lost
most of its friends. Bears expect $500
or more cars tomorrow and 900 or 70t
on Monday. The large wheat business
is drowned by the collapse of December
corn. Large local dealers are reported
| large sellers of December corn today
and for three days. One Winnipeg wire
claims Canada has 300 900, 900 wheat and
&SFe g, niue" i0~S' p''SeS'-""o 10 .
| Primary movement Receipts: Wheat
| I .24s, 600 VS.. 100000 corn III 900 VS.
PA 600 oats $50. 600 VS.. 56S 900 Ship
ments: Wheat S7S,OO0 vs.. 1882, 600 corn
244. 900 VS.. 10000, oats $4,000 VS.. 522,
600
Chicago. Armour selling De.
cember corn through brokers.-Babcock
! Chicago.-Ohio grain dealer here to-
| day says he has shipped corn and rye
to Chicago for delivery on September
| contractsI
Stocks.
+ New York.-We have another very
| Important price reduction this morn
| ing. one Of the very big cotton manu-.
| faCturers announces a cut OF 3S is per
cent. A hasty conclusion would con-
meet this item only with the cotton
market. but 1t is full of significance
for the stock trader az well. Big bust