The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-05-26
ROUND The TICKER
Cotton.

New York Small transactions: any
more bad weather will cause outside
selleTB TO cover: expect better market
before bureau. --Huhbard TO Reese.
New Orleans,-Map indicates increas-
ing cloudiness western belt, probably
rain ensuing IS hours, probable showers
eastern belt. Low barometer West
Texas, 1915; cold wave in Far North
west, frost and nearly freezing some
points.-Bcer TO McFall.
New York-with weather reports I'M
favorable cotton rallied on short COW
ering by wall street and West, uncov-
ertng of stop orders. The South Is
heavily oyer-extended as demonstrated
by federal reserve borrowing of South
ern cities This factor will offset the
cause liquidation on an strong spots,
Clark Childs 10 McFall.
New York--The weather Is better,
but the next government report will be
based on what occurred up to yester-
day. An extra holiday is coming, there
fore there will be less disposition TO
make short commitments and for the
balance OF the week the market ought
1 { d Be real '''ady'--h'''l'0n to Clark
New York. w, Jay g. Co. .ndi-
Gated yield 9,960,00O; condition, 62S;
acreage decrease. IL
d. o. Hood Of Seattle, wires | hear
from reliable banking people here that
the bank failure in Japan yesterday was
pretty serious and financial conditions
there in bad shape. CO Co. to Nc
Fall.
Portland, Ark, wires: distant
months hardly represent actual cost of
production
New Orleans.-Bett feeling and de-
mand from wall street and buying on
the weather man and scarcity OF sellers
on account of the contract.-kofler to
Clark q Co.
New Orleans.-The market is rising
on the ]. w. Jay. & Co. crop report
per cent, putting the acreage at one
per cent under that of last year. and
the indicated crop at 9,95O.OOO bales
s. & G.
New Orleans.-San Antonio. Tex,
wires! &After trip over Texas find
only a Yew spots that look good. The
balance of the state has poor stands
The crop looks 80 days late. & G.
Clarksdale, Mss.-Planters are be-
coming optimistic over the present out
look OF the crop. The weather Of the
past few days has brought much en-
enlargement to planters and II 1t con
tlnues favorable The crop VIII nt take on
Taken as a whole the outlook Is greatly
improved.-Lott to Clark & Co.
New York.-Market very narrow and
feverish, but further demand from
shorts evident and tone steady. Liver
pool also moderate buyer.--Gwathmey
to Foster.
New Orleans-wet weather east of
river, sensational low private condition
figures and continued Improvement con-
tinental exchange inducing further COW
ering Ellis & Co.
New York.-Buy on setbacks; wall
street short.--Gwathmey to Foster.
New York wires; The demand is
chiefly from Wall street shorts, with
further poor crop reports and hlgher
stock market contributing to the al
vance. "
Chicago. Minneapolis reports prog
ress in relieving car shortage. Kansas
wheat and corn news very good' az
rer to =. d q.
st, Louis wires: Understand there
were 80 cars of carried over here uh-
sold, and although prices higher as
quoted the demand late was slow.
Paris. Texas.-Never saw conditions
improve faster. Replanting where nee
essary is about completed.
Now Orleans. -Bullish private reports
coming In from Georgia, where the ool
weevil Is appearing, and parts OF Aa
bana say about 30 per cent planted, ana
If no more will plant about 30 per cent
Of last year. This news and strength of
Liverpool helping sustain market-F en-
Ter & Beane to Wells & Gustafson.
Ticker SAYS about so New England
mills will curtai production on ac-
| count of cancellation orders ana transit
| facilities
New York. Of orders and
lack of shipping facilities given as rea-
son curtailment New England mills to
the four DAYS q week. --Fenner u Became
to w. & G.
New York.-Would now sell cotton.
shorts practically all in, and some went
long this morning, notably ring crowd.
Big spot people easing out OF their cot
ton, Private reports now have it that
government would have to come around
65 to be construed bulllsh. to
Neral.
New Orleans.-Spots reported firm
probably higher More inquiry reported
may lead to larger business. Expect
sales TO increase before June bureau,
Beer to McFall.
Washington. According to cable
gram received today by department OF
commerce from James F. Abbott, com
| mercial attaChe at Toxic, Japan, clos
! ing of the 74th Bank of Japan for a
period OF three weeks because OF losses
on part OF silk spectators has very
seriously affected the stock exchange
| and paralyEed the cotton yarn market,
there being large stocks of such yarns
in Js pan Throughout Japan the cable
gram states the depression in trade is
| quite general and while business is
marking time the situation has not yet
become 30 serious as to be likely to re-
suit in n panic.
New Orlcans-Cuero. Texas, wires:
Considerable weevil complaint here
Grain.