The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-09-25
ROUND THE TICKER
Cotton.

Cotton.
New Orleans.-The market reflects
the prevailing pessimism that has be-
come general, and IL Is but natural that
cotton should participate to more
or less extent and until this pessimis-
tic wave shall have spent Its force,
seems useless to attempt to bull cotton.
The weakening OF spots is most signifi-
Ont and proved a factor in accelerating
the decline in contracts.
Monroe, La, says that picking has
been finished over a considerable por-
ton Of that section.
New Orleans.-The barometer lines on
the weather map show the northern
storm area In the process of breaking
up into small areas, but the barometer
seems to be low over the Gulf of Mex
leo, which is unfavorable. The high on
the Pacific coast is strengthening and
should bring fair weather to the belt
in the next few Days. & G..
Fall River sales 10000 pieces. pro-
duction loo, 900 pieces below normal.
New York; think present price o.
cotton discounts all the historical
bearishness now rampant For instance,
a sale OF July at 27T2c means the
seller has TO buy middling in the South
at 1850. or strict low middling at 1850.
or low middling at 1l,90c in order to,
make deliveries on July. ! think short
sales on any further decline very dan
on scale down viii soon show large
profits. Hall to Clark & Co.
Chicago.-Marshall Field & Co, in
their weekly review of the wholesale
dry goods trade, say: Current wholesale
distribution of dry goods was less than
during the corresponding period of last
year, orders from statesmen on tho
road for Immediate daliyprv vera about
the same In volume as for the same
week last year There were about the
same number of customers in market.
Collections were not up to the stand
ard of this week last year.
New Orleans.--Frank Hayne promptly
stopped the one October notice issued
here.
New orleans,--ANlp shows another
storm depression over Southeastern
waters. --Kofler to Clark q Co,
New Orleans.-Norman Mayer & Co.
crop condition SIS, compared with last
bureau of SIS, deterioration So points.
New misunderstanding to press re-
ports there will be no coal strike in
England Monday but this is having no
influence on values. Selling thus far
seems to be part and parcel Of the
on the idea that everything must go
lower. The weakness of wheat yes
terday seems to be a bear argument
with some traders.-S. & g.
New York wires-Some good buying
orders under market, Wall street COW
ering absorbed hedges, look for rally.
New Orleans.--Sentimen In cotton
changing somewhat, some recent bears
turning bulish owing present law
and not caring risk future weather de-
yelopments, perhaps rain or cold. Hold
ing movement in interior will likely
soon bear fruit.-Beer to McFall
Shreveport. La.--only twenty per
cent of this years crop will be marketed
in near future by Caddo planters, ac-
Sordaing resolution on adopted at today.s
ing themselves 10 hold remainder OF
their crop for 40 cents and $50 per ton
for seed.
New Orleans.-Cotton shipped on
shipboard last night awaiting clearance
at 1894 bales against 100,7O6 last year.
New York.-Philadelphi reports cot
ton yard market weak at new low lew
els. Buyers anticipate further declines
and are holding off.
New Orleans, increasing volume Of
hedge selling with substantial preak re-
ported Texas basis on heavy offerings
makes buyers timid and scarce out
side financial and political news against
advanceS.-S. N. a. Co.
Manchester, N. H.-The Amoskeag
Manufacturing company announces that
operation be started in the worsted de-
partment, which employees four thous-
and persons, on Monday, following a
suspension lasting since July.
New Orleans.-Temple Texas wires
fully mid selling here so off New York
December. -Ncwburger & Co.
Grain.
New York Produce Exchange office
wires: Export sales yesterday placed
at between 100000 and 1900, 900 bush
els. Exporters surprised at ease with
which huge quantities wheat are OBJ
tanned considering purchases this
week"
hicago.-Southwest houses and in
fluentIal local traders are selling March
wheat. There is no prominent buying
Of the March, as there has been in the
December, hence its relative weakness
A steady run of commission selling was
on in corn. Poor support more influ-
entail than volume of selling.-Babcock
to Clark &, Co.
New ork-Russells News SAYS: A
corn flour producer reports he has sold
the, full capacity Of his mill for export
and expects to contract for $4,000 to
10000 barrels for October
Cornersville, Ind.-Lexington Motor
company announces advance of 500 in
price of its touring cars.
Chicago.--Sales OF 10, 900 bushels rye
made to go to store at $1.96.
Chicago.-Reporting so, 900 bushels OF
corn sold for export at the seaboard.
General Forecast.-Shower will over
spread the upper Mississippi valley by
Sunday. No unseasonably cool wealth
er, however, Is in prospect.