The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-29
POHFN THE TICKER
Cotton


Ner Togk-Livsrpool cable says:
E GOOD demand for export ana expect
settlement pf Bombay strike 60 basis
{ 81 % per cent increase so wagps.' The
+ export demand which this. cable. men,
tionS ia demand from European Coun-
tries on LIVERPOOL begahsc che decline
~ eNchsngs rates shuts thCm out uom
s buyiug over here CLARK
New urleBhs--Thsre is nothing new
E IN world politics but the continued
Z slump N foreign exchange Is causing
much concern and very bitter comment
on the part OF English newspapers.
New orleans-Thsre seems 70 be a
good spot demand this morning. one
firm has sold a lot Of Arkansas cotton,
Wch and = quarter good middllng, az
80 cents and several other sales Of low
grades have been made, estimated an
told a. Roto bales shepard s GlueS-
New York-our market rather tnAn
but STEADY due 70 Liverpool buying up
: o july, but they are selling october
steadily The belief that Lvermore
and other shorts Wiil he forced 70 cover
sis causing local buying IN anNclpa-
ton The selling Is very much scat
ftered -~AIcFaaden TO McFak
London SILVER S5d up I'D new high
sleVei, Highest on record
New orleans-Market advanced cw-
sing TO light offerings Good demand Tor
sQCtobers--Beer.
Nav orleans-Tone Of market past
STEW DAVIS better Look Ike market
scontinuss work hlEhsr.--White TO Cot
ster & Turner.
New York-Only trouble hears tired
TO force quick break instead waiting
gradual decline until spots adjusted TO
march basis scalp selling on stift mar
sket --MeElroy to Cotter a. Turner,
New Orleans--Looks like more shorts
must cover SHOW OF strength IN cot
ton worrying than CLARK
New orlesns-Spinners taking5 for
week Friday will run against 100000
last year and 2s4, O00 year before latt
Last week we're 254o0o
New York--The sun says that bank
ers here and IN other parts OF the
scountry urged aud cautioned 70 restrict
their outstanding credln, are throwing
switch have financed shipments Of goods
sahroad
New York--Aooording to market COS.
ssip a leading Wall street operator<co SOW
sered hit short cotton yesterday after
snoon Slater 20 McFall,
New York--Leading spot interests an
sticipste higher prices. The ADVANCE IN
liverpool is > direct result Of the con-
sstsnt depreciation 81 money, The ad'
vance here will undoubtedly serve 10
aeheck consumption and leave the cot
ston market In a weak position 40 we
.approaoh end Of the season -~ Ettelson
20 CLARK & Co, ........
New Orleans Liverpool cables, Tone
y coed, Market firm. End of trade fix
Sing call sales Shorts covering, off,
setting long liquidation on scale VI
limits Good spot demand for export,
%Bomhay India. wires. Good reason u
kbelisve settlement Of strike Jan Is on
Mhasls o. go per cent increase in wages
no pay strike. Ten.hour day,"--FSeer
sto MeFall.
8 New orlsans--favorable treaty action
Participated today but trade nvmeEi
#llnea over unsettled money ccndtions
@expert unsettled markets worths pos
Mxibly wide changes, according 10 char
nacter nsws,-Neweurser A. CO, 10 fos'
! New York-They SAY most of buying
Myfsterday was covering by Livermor{
doubt H. Market, however, still sct
Nshort Business very light -~ClevenburG
ste Cotter & Turner.
q New York--Nery small market sons
3kcattssed local sales being absorbed b!
Ndemand from Liverpool reversing strad
Adlcs,- 6vathmey 10 Foster
New York--A resolution by RepreEen
%tRtive Tlson would require the fedora
stTadA committee to begin an investiga
wticn into the increased price Of combet
~lotton yarns and raw cotton.
New orleans--Inquiry for spots re
@rorted becoming more general here
likely lead to more business. Wash
slngtCn news more favorable Tor agree
~iNsnt on peace treaty. Market llkel
NEigheT II Ia said President Wilsoi
NWill Keep hands of and would favo
ssthe Underwood or any other plan tina
awoud speed M ratification. - Beer /,
@NcFalL