The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-23
ROUND THE TICKER
Cotton.

New Orleans.-The weather bureau
~ I'VE long distance forecast says that
mere are az present no signs Of tropi-
cal disturbance In the West Texas ter
rltory' II can hardly be expected. how
ever that the season can get much
oider without storms being reported
New Orleans liverpool cables Weld
ana White' smaller market with some
puS ing Tor reaction and less hedge
selling but the market eased late under
scattered long liquidation"
New Orleans.--Newsp reports say
mat india is boycottIng English cotton
goods and this may have something to
DO with the slump in Liverpool-S.
Texarkana. Tex. wires: In the last
rev Gays weeVils and worms have com
meneed doing considerable damage to
late planted cotton"-~S. e. G.
New orleans.--Political news con-
tinues entirely favorable. The Russians
are on the run.
New Orleans.-Late big advance Aug
ust New York shows folly of selling
contracts n SO big discount from
spots. This development probably makes
September and October shorts nervous
IN Northern market. especially since
Galveston coastwise longshoTemen
voted Friday night to continue the strike
which began early in March. This will
NJ
much OF which is received bv water
from Galveston. Beer to McFalL
New York.--Dukinfield cables ru-
mored large failures in East causing
cancellation Manchester; fearing coal
strike.-Hubbard.
New York. Houses with Liverpool
I connections were active sellers of cot
ton here, Japanese interests were
credited with selling throughout first
hour.-Pearsall
New York.--Liverpool cables small
market; some buying for a reaction;
less hedge selling; market eased on
scattered liquidation.-T. & NJ. to Clark
e. Co.
New York.--Liverpool regards labor
and political situation as serious; been
free sellers here with local trade dis
posed to buy for reaction at least
Hubbard TO Reese.
New Orleans.-Fear cancellation con-
tracts from East and selling by lap
anese interests causing declines. e. G.
New Orleans.--Ruin some Eastern
and Liverpool firms are in trouble
Beer to McFall.
New York.-Early advance In Liver
pool was based on report armistice
signed; when denied there were no buy
ers because of report trade depression
in East.-fIubbard to Reese,
Ennis Textile great deterrent to
an early heavy movement will be the
condition of congresses and warehouses,
which as a rule, are clogged with low
grades from the old crop. We find
that in many sections, where farmers
agreed on a maximum price for pick
ing of $3.50, the pickers are already
demanding and getting S. with talk OF
$3.50 Few doubt the price will be 50
when picking becomes general. with
the advance in price of ginning of so
per cent decline in seed of GO per
cent it takes in excess of 15c to realize
the actual cash outlay for picking and
ginning a bale of cotton, as compared
to &c in 1918.
Liverpool cables: "Rumors Of
big failure in the East are causing
cancelatng selling by Manchester
England fears coal strike.
Liverpool cables: mo offtake. Some
straddle selling, also fear financial
weakness, caused decline"
New Orleans.-Waco wires: Showers
to good local rains general again Sat
urday afternoon, night and Sunday, re-
tards movement and not wanted. Cot
ton has begun open rapidly and farmers
meeting prices, but press beginning to
carry articles encouraging moderate
marketing. Money very tight and eX-
pect first receipts sell unless futures
decline too rapidly, but any case the
chances are that some turnover to
get ready cash be order of day. SEN
tinent is now for reaction but lower
expected unless something further dam
aging to crop occurs Beer to McFall,