The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-05-07
ROUND The TICKER
Cotton.

New Hork-Showers forecasted east,
except Carolinas, also North Texas; look
for continued firm markets on untav-
orahle weather; removal export pan ny
Japan on shipments cotton yarns like
" n cause free offerings here. eleven
burg to Cotter a Turner.
New York; Commission houses and
Liverpool good buyers on the call. some
local buying also on the strong cables
and private report OF further rains In
the belt The South and spot houses
selling, especially late months.-Jung 10
McFall
New Orleans-Lower owing forecast
probably thundershowers western belt.
While II Is possible for Texas 10 re-
oeiVe more rain immediate future, IN
dicRtions are for plenty more rain valley
and Atlantic states. Beer.
New. York-Rains in Texas and un-
favorable economic conditions rather
offset bullish crop situation. Would
buy only on setbacks.--Moyse and
Holmes 10 McFall,
New York-Liverpool appears chief
seller on straddc; buying scattered.
trading not large .--Clevenburg to Cot
ter q Turner.
New York-Liverpool cables Indicate
very steady market, Cutting Of prices
by merchants and statements from men
in high places predicting decline In
all values before long viii no doubt
cause good deal hesitation in fols
lowing the long side OF commodity mar
kets For the present these views are
offset by poor crop reports.-Ettelson
New York Cotton exchange will he
closed Saturday, May % and 81, Dec
Grafton day holidays
New Orieans--Some North Texas
points complain OF too much rain. Paris,
Tex, says hard rains doing damage.
--kofler to Clark & Co.
New York-Trade bought, ring sold,
dry goods situation attracting atten-
ton and advise caution. -HustRce Hub
bard to Reese.
New York--Some selling on the more
favorable map, which shows rains in
the west where needed and clearing
in the east, but the market has met
more spot house selling today for the
first time in some while--Jung to Nc
Fall.
New York--Considerab liquidation.
but market acts very we'll; think ia
largely weather affair to
Foster.
New Orleans Market acts weaker,
further liquidation would not surprise;
better crop situation. but particularly
the situation In Europe Is against
values.--Kofler TO Clark & Co
New orleans-waco. Tex. wires
Good rains all over Central and West
Texas where needed" II looks as II
the Texas drought Is broken, Shepard
a Gluck.
Temple, Tex, wires; Good rains this
section last night. Very beneficial"
Gwathmey wires from New York:
"The market Is steady on further un-
favorable crop reports, Liverpool Is
the chief seller"
New Orleans-Liverpool cables signs
OF trade re-entering market; tone dis
tinetly better than for someA time past.
White to Cotter d Turner
New Orleans-Look for July and new
crop differences TO widen -kofler TO
Clark & Co.
New York-A dispatch from Clay
ton, N. c., to Munds Rogers said: Think
some cotton win have to be plowed up
and don't know il any seed TO replant.
Cold enough for overcoats
New Orieans-while reaction might
be expected for technical reasons, with
better cables continued untavorable,
weather and expecting bulltsh week
end figures think ultimately higher
Newburger to Foster.
New Orleans-Greenvi Texas
wires, Heavy rains last night. Con-
dltions are much worse. Large acre
age must be replanted."
New York--Notices out for 1000
bales, spots unsaleable, and conditions
are pau. Retail stpTcb arc cutting
prices. shepard & Gluck.
A share of New Orleans cotton ex-
change stock sold yesterday at $4,000,
new high price. The last previous
sale was $4,000.
New Orleans. Liverpool cables Lam
cashire mills granted increase Is to
IS per cent?. & Il. to Gustafson.
New Orlesns-Fan River Just wired
local spot man can not respond to your
offer on account Of further strike
Clark Il Co.
Longview. Texas, wires: Rainfall
this section last three days over
inches All bottom lands under water
Prospects very gloomy
New Orleans Spots reported quiet
steady and about unchanged. some
business at about quotations Good de-
mand for high grades.-Beer.
Waco wires: Good rains last night
North Texas. not needed. but will do
no harm Very beneficial rain Cen
trail Texas, covering radius about 30
miles Waco. Balance state part cloudy.
This gives needed relief. except South
Texas, which still suffering.
New York wires: Rumored large sale
dry goods been made privately at so
per cent reduction In price.
New Orleans --Rumnred 1900 bales
TO be shipped from Savannah and other
Southern points to New York. pre-
sumably for delivery on contract. Eng
lish consols for money opened ASA,
up Beer.