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

Cotton.
New Orleans Eearsh sentiment u-
creasiuE and market getting short 900
foreign situation. may So lower but
would not sell az the discount Ellis
& Co.
New York-Spot people say everybody
" waiting. no demand outside little
scattered staple. short cotton lower 10
trade. Market broke under more gen
cral selling. probably induced by tho
continued uniavorahle foreign news and
the poorer outlook for new foreign bus
inesS,-Ciark.
New Orleans Exports from United
States during January were LOSS goo
bales rs $4,000 hast year Exports since
Aug. l. S,Sg7 o00 vs.. 2.575. coo last year
Indications exports during February will
approximate 500 ono rs. $4,000 one year
ago.-Beer.
New York-Gwathmey letter sul i'd
Vises sales hard spots Weld purchases
setbacks Lord Grcy's letter may hast =
en- peace treaty. Immediate course OF
prices depends largely on SPOT adviccs.
-Clevenburg to Cotton and Turncr
New ork-DisappoInting tone rrad-
ers expect more recovery from saluf-
dsv than opening no outside demand
Hubbard 10 Reese,
New York-Reports received in Wash
inEton declare that tho Caecho. SRN
chamber of commerce has issued an
order prohibiting the importation OF All
classes OF textile goods, except piece
goods, which are imported 70 be
hleached dyed aud finished in that
country and then exported. The reason
for the order is said to be the large
number Of idle Spindles and looms IN
that country,
New Orleans-I -nsettled conditions OF
foreign situation having tendency 10
check bullish sentiment. unless spots
show weakness We do not look for any
permanent decline.-N White to Cotter a
Turner.
New Orleans-Texas news. Outstand-
ing feature is lAteness Of season, Rela
lively no farm work done indicates,
however. good bis cotton acreage due
10 being so late preparation could not
be made for corn and other grains. De
mand sluggish for offerings. Looks like
long drawn out liquidation to complete
marketing OF this crop,-Beer,
New York-The leading banking au-
thorities forecast q decline IN exports
This would be perfectly natural for two
reasons-first, because se have eN-
ported enormous quantities Of our prod
nets and second. because the market
for foreign exchange Ia very limited and
the rate almost prohibitive. This con-
dition should bring about a general re,
vision Of prices affecting cotton as vel
as all other commodities, --Etteison &c
Clark & Co.
New York-I.lyerpooI and South sell
ing. Spot houses selling near months
Bond. New York, wires, Market i'm.
proving on Liverpool buying Liyermort
brokers again selling.
New York-Hutton. New York wires
Liverpool and South selling, Spot, houses
selling new months. Scattered commits
sion house buying Liverpool selling
balance Small spot houses sold neal
months. General demand lacking
Beer 10 McFall.
washington--It has been claimed that
large quantity OF cotton from prior
crops were included in ginnings for
1919 Agents were requested TO report
such cotton for each ginnery Canvas
not quite complete, indicates that In
quantity negligible and less than 5000
bales included.--Beer.
New Orleans--Money and political sit
uation remain discoura ging features
unless weeks development shows Inn
provement market will likely work &c
lower levels. a. Co. to Fos'
ter.
New York-One OF the snartest and
longest Southwestern spot men says
anyone who buys July at about this
level can not possibly lose, -ClevenburE
to Cotter & Turner
New York--An English cotton mar
says 1t costs 1000 points TO land cottoi
In Liverpool and he expects to see tn
difference widen out good deal fur
Their.
New Observation-Disclosures rather I'm
proved demand, prices very firmly held
Printed goods healthy, request especial
for South America. American yarn
continue quieter, higher prices 70
Egyptian counts Clark.
washington Announcement wa
made BY Senator Lodge today that h
will move to have the peace treaty TAX
en- up in senate Feb 2.
Clevenburg. New York, wires lndi'
crop estimated 1000, 600; larger than las
year.
New Orleans--Savannah clears l2SS'
bales for foreign export. There was nc
export this day last year Galveston
had III .I6l bales Of cotton on shpboarC
Saturday, New orleans had 6l,iO2 ,-
Shepard & Gluck.