The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-26
ROUND THE TICKER
Cotton,

New York.-Mail advices state that
an almost unprecedented business stag
NATION, particularly as regards textiles.
sun prevails in Sweden. Cotton spin
mers nave enjoyed better season than
wool sptnners. but are now also feel
ing depression in trade which has
caused them to cut prices by 10 per
ceht.--Journal OF Commerce.
New Orleans Telegram on floor
says Georgia mills decide to close 10 TO
81 uays.-o'Reilly to McFall.
New York.--.After 2 cents advance
from low the market awaits new factors
when IN view Of present outlook in
5. T. II. to Reese.
New orleans--Spots reported quiet
some Improvement in demand reported
from New England, some Inquiry from
LlFerpooL-Beer to McFall.
New York.-Traders think market
SOFA out; there are reports of rains in
Eastern Texas last night.-Hubbard
New York.-Continued good weather
700 much for Liverpool: Wall street
bought October.--Hubbard to Reese.
New Orleans, Buying on prospects
U u,,,,, alotner bad spell Of weather and
ruinor National Ginners report will
come come, several points under yesterdays
isures. Rainy weather would cause
deterioration to be rapid-Kofler
New York.--T. q NJ. say: Regardless
OF what may develop later in the sea-
son we are entitled to good reaction
anu / would not be at all surprised to
see market several cents higher in cot
ton,-Clark & Co.
New York-The South selling on nm
favorable Manchester news, some short
covering and fresh buying by SPOT firm
holding the market. Wall street buy
Fall.
Waco, Tex, wires: Weather partly
cloudy, no rain reported. Continuance
OF dry weather will bring rapidly in
creasing movement and think farmers
VIII gradually meet market down to %
cents interior, but expect more stub
born resistance from rs cents on down
II market continues to decline Houston
last night, 30hc landed Houston Liv-
erpool out of market but continent
buying. Note-Middling Houston quo
ted 2gAc yesterday. Evidently Texas
spots better today.--Beer to McFall.
New York.-Advices here are that the
English coal strike may be averted,
due to dissensons among the men who
recognize public opinion as adverse to
their demands and, moreover, the gov
eminent shows no intention to recede
from its firm STANDARDIZATION to S. & G.
Paris. Texas, wires that very hard
rains are general in that section.
New Orleans. Weather bureau issues
storm warning for a disturbance
northwest of the Bermuda islands,
moving northeast or away from the
cotton belt This can hardly effect the
belt unless 1t changes its courses.
q G..
Birmingham. Technical position of
the market strong; with little encour-
agement should advance further
Gluck.
New York.-Journal of Commerce
SAYS North Carolina suitable weather
and late frost may make average crop;
South Carolina. If much morSrain final
yield likely to be cut; Georgia, much
depends upon weather next Is days and
freedom from early frost.--Hubbard TO
Reese.
New Orleans,-Austin, Tex, wires
Deterioration every day Estimate con-
dition Texas SO, Oklahoma 80. With
still make fair yield but with contin-
ued rainy weather out turn. would be
poor. Rain also delays opening and ma
turing of cotton weather. unsettled.
condition last month was
"a. Oklahoma S5.-Beer to Neral.
New Orleans.-The market advanced
because shorts are losing confidence in
a high August report They arei also
not be as high as most bearish graders
have been expecting. There is no great
supply of contracts to meet the de-
mand for covers.-S. & G.
New Orleans.-Market, presenting re-