The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-06-02
ROUND THE TICKER
Cotton.

| New York.-Approximately 800. 900
| New England textile workers get in
crease totaling tl70oO,OO0 weekly.
Waco. Tex. wires: Heavy rains South
| Texas, Victoria, El Campo districts
| showers TO light rains Waco, Dallas
sections. none OF which needed. but
| VIII do no special harm except retard
farm work. Dry hot weather needed
next fortnight. Spot business practical
| ly nil.-Beer
| New Bedford-Cotton min firemen
| threaten TO strike, demanding Il six
day week instead OF a seven day week
without any reduction in pay.
New York-Local wooden and worstec
merchants are predicting a cut OF go
per cent in fall prices for clothing. de-
| clarihg that this reduction will come
as q result OF competition on the part
or the industry in an endeavor to work
within narrow margins Of profit.-Woll-
man q Co. to McFali.
New York-In the past fortnight some
or the New England cotton mill shares
nave declined 10 per cent and there
nave been similar reductions in South
ern mill stocks, Mail advices report
severe declines in English mill shares
during the month OF May,
New York-Estimates of cotton acre
age by special correspondents of the
Journal OF Commerce for May. received
under an average date OF May 25, show
that the acreage will be the same as
acreaTe MA niad r,l, nrnhabiy NO no, o,e
coed 1880, 900. Percentage condition
also reflects Enthusiastically the bad
weather OF the past two months and
is the poorest in 10 years. 6S, against
1876 the previous year, s12 in 1918 and
81 In 1907 The 10-year average is
'sS
New Orleans-Heavy decline Liverpool
mi n M 10 F1uN hA mi to
the suspension Of the trading on our
side, forcing liquidation of straddles
-Kofler to Clark & Co
The Nav ,OrIaaps cottor excb,nce
viii be closed tomorrow Tbnrsdav Im5e
8, Confederate Memorial day.
Cuero, Tex, wires. Rainfall in South
Texas OF inches and stiiI raining
Very injurious ~ cotton ''''''e'
Ma, vi, -, ,, %
means crop a few baIes under IN 00o On
without linters -"McElro,, ~ ~ AyGVyp'"0V
New Orleans-Favor huving Cotton
world viii be astounded bv yerv low
condition of American cron large
yield of which viii likely be REQUIRED
for next season. May take two or three
days before the government report has
its full effect as it will take time for
to McFall.
traders heavv sellers on idea traS Het con-
dltions offset crop,
New OrIeans-The weakly cron re-
norris which have nothine tyhateYer RI
do with the conditions report, are bull
90, sirno tbn Ss+p ~ NJ, ,bn d ptos
III cnnditinn rannrt S ~ N''e Vi
view 1oTk-Ihe Supplementary state
,, OF me bureau SAID that the crop
n
was unusually numerous over the in
iected territory Liverpool and Japan
and one big local spot firm were sellers
on the adyances.-Fenner and Beane to
"eis uuS'aIsoh'
New fork-Trading was active after
opening. Bulls were disappointed on
lack of large buying orders after first
rush. Spot people were sellers on the
advances.-Fenner Beane to w. & G.
Anderson. s. C-Cotton is in good de-
mand
Cha,,o..o \, p.oo,,.. -, ,,,or.o,,
SnSt'o'Ie, y. C'.s 1IN ny wagons S
mand While theeT is yerv moor demand
for or grades
49,. r,, ..,. +. $500,
NeW iaia5 ,i! ne I hit Is meet
siderinR that tomorrow IL a holiday in
this market. THE condition figiIres
were So low that the market can get
nothing resembling sailing nowor-
s. a. G.
Dallas Tex West Texas renorts in
sects destroying much cotton as fast
as II comes up'-Fenner and Reane
nxo;,,
NIdAH'
Chicago. -Broomhall saws: A good
business with United States in Arpnn-
tine corn has been done at SLIGO c. /. (,
New YORK. we certainly are in very
peculiar position importing when we
should be exporting There seems to be
buying craze In gram and as long
as this lasts, II VIII ne Wen to keep
~ Eau ''e 'ei'ii'e ''ue'-O Oi'e" u NC
,
chicago: Selling July corn at zoe and
oats at l5c less than the spot market
is In reality selling transportation
which commodity is very scarce and in
sharp demand. The prospect OF supply
oVertaklng demand is more remote than
ever Tor the reason that new snip,
ps"S ,oI',ns 60, M nn,rard e. n ~
Sio ~ q 20 AVA ~
Grain belt forecast: Generally talr
tonight and Thursday, cooler except
slightly warmer Dakotas, Nebraska and
Kansas,
favorable, drought continues in large
section. FTtHGH crop TeDOIlS WOHutTIul-