The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-09-28

New York. Seems to be cotton LOT
sale on the advances by the South,
also New Orleans selling Shorts prin-
cipal buyers--Overton to McFall
New York.-Cotton mills at Green's
boro, n. c.. and vicinity are operat-
ing full time and no curtailment Is in
sight provided the mills. are satisfied
with smaller profit than they have
received during the past two years.
Mail advices from London state that
German cotton mills are operating at
about 40 per cent of the prewar sched-
ule. The factors are suffering from
the intermittent and irregular deliv-
cries of raw material and there are
reserves which can be drawn upon.
London cables the Journal Of Com
MERGE: AT a mass meeting OF Old
ham strikers the decision was reached
to stay out. Apparently there are a
number who are ready to resume work
II the mills are restarted.
New York-Great dissatisfaction Is
expressed by cotton mills at decline in
goods and refusal of retail merchants
to buy, leaving them without orders.
S T. II. to Reese.
New Orleans --Dallas wires: Every
one panicky. bearish and heavily short
contracts at $50 per bale below cost.
10 m sgyng S Rnk he the " worst i IS
over. shepard & Gluck.
New York.-Talk about another storm
gulf bringing covering orders-Hub-
bard.
New York.-Journal Of Commerce:
Alabama materially lower than last
month. Mississippi shows further wide
spread deterioration. Louisiana only
slightly lower than last month,-Huo-
bard to Reese.
New York Strength Of October
turned whole market and caused local
shorts who fought advance some un-
easiness There IN also some reaction
airy feeling gaining ground which wire
houses are using in getting clients to
take profits.-McFadden TO Neral.
New vork.-Assurauces of a salts
factory nature are reported in the New
York headquarters Of the lnternational
IOngshoremen's association that on
Gals lean to the belief that the dock
men have at length decided not to
strike.
New York.-Federal reserve bank
says situation at Boston not serious
small banks affected not members fed
eral reserve; If they had been they
would not have had to suspend pay
ment. Clark & Co.
New Orleans. Fears that the storm
will hit the coast and bore inland over
the belt is the one thing back of the
advance. Shorts continue to cover in
large way.
New York,--The market has ad-
vanced from 200 to 100 points and Is
very feyersh with more contracts be-
ing picked up on all recessions. The
shorts are uneasy and there must be
a large shortage still open, -Fallon to
Shepard & Gluck
Grain.
Chicago corn receipts large at 4SO'
cars.
Chicago Frost is a possibility over
night in Iowa, Nebraska. and North
west Kansas. Toledo says frost would
give us just enough soft corn to glut
the market.--Wild to Shepard & Gluck
Chicago York has sold some
Argentine corn to Rotterdam at 90
cents.-Wagner to Shepard & Gluck.
Grain belt forecast; Illinois and Mis-
souri, Fair tonight and Wednesday,
cooler Wisconsin. Iowa. Minnesota,
Dakotas, Nebraska and kansas; Fair
tonight and Wednesday, cooler, prob
ably frost tonight
Chicago.-No special news coming to
hand Rather firm undertone to grains
and will need something fresh to en-
courage offerings except after ad
to Clark
Chicago.-U. S. department Of agri-
culture makes stocks Of wheat on
farms, country elevators and large
point OF accumulation 0S.5l0,0O0 against
$4,000 last year, This report Of
Sept 20.
Kansas city wires Bids on wheat
at most country loading stations In
Kansas range from 81 so to 81 80 with
a few as low as 81 20 and a few az
high as 81. Deliveries reported mod
erate.-C. c. & Co.
Chicago from the Southwest
are rather mixed on wheat Some con:
slider II on debatahle grounds and some /
are openly bearish. considering Eng
land out Of the market as long a. |
she can secure Canadian wheat at pres |
ent prices, Some say tendency in the |
West is TO hold. but a good supply Of |
cars might change this. They figure |
in the country west that possibly |
Canadian supply might last Vntil Ar
gentina becomes a seller -DeHnis
Chicago.-Some selling OF corn on
iS3, 900 contract corn in Chicago public
elevators Saturday night