The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-11-16
ROUND THE TICKER
Cossn.

Cottdn.
New York-Good demand ON cotton
az opening. Liverpool South and COM
lscal selling. market has good UNDER
tohe'-Sanders to Clark Co.
New orleans.-while political and
contract offerings become scarcer with
decline and resistance increases repeat
our advice caution when selling New
burger & Co. to Turner & Reid.
New orleans.--Of the s5s,74s bales
exported from u. S. VS. 1867, 1888 last
year for three months ending Oct. 81,
United Kingdom took 1853. 595 VS.. 512,-
OIL VS.. $3.50; Germany 1884, VS.. 81
sSS; other EurNpe 15S,579 VS.. 236,4S5;
Japan 1885 VS.. 43,469; all other coun-
tries 3S,697 VS.. S6 491. France and Ger
many taking more than last year. Italy
as much, other countries catching up.
Indications exports will continue free.
Beer.
New York.-Market steady on Liver
pool. near positions and decline on
opening found hard spot and an ac-
cumulation Of limited orders from trade
pricing cotton, some OF which appears
to be for foreign account.-Overton to
McFan.
New York.--Sharp declines occurred
in the Philadelphia cotton yarn Qlar-
ket yesterday following an attempt to
liquidate distress stocks some counts
pound. Business in extra staple cot
ton at New Bedford has been as near
a complete standstill as it ever reached,
according to dispatches from <that city.
&C. G, & Co. to McFall.
New York Yields Texas traveller
wired from Austin, Tex: Raining al
most continuously for past "a hours,
nearly freezing here and hand freeze
north and west. Impossible to esti-
mate damage to cotton crop now. No
cotton has been picked for week.
hence ginning small. Expect Texas
ginning to date very little over three
one quarter.
New York.--A Gastonia, n. c.. dis
patch says that a large number OF cot
ton mill employees there who have been
thrown out of work by the closing of
the mills are picking cotton on nearby
farms. The price for picking has
dropped from $1.50 TO 81 per hundred
pounds.
New York.-See little outside bust
ness but locals, Wall street bulling
because better stocks, higher exchange.
--Hustace Hubbard to Reese.
Liverpool cables: Further cancellation
anxiety over market. think this been
discounted.
Waco Tex, wires: Trading down to
smallest proportions and very slack
usual apathy part holders except on
low grades for which no off take.
New Orleans. --Linters obtained to end
October 99,697 bales VS.. 152,659 last sea-
son.
New Orleans.-Easier opening here,
especially near followed some recovery
after call, disposition still appears to
favor purchases on break owing unfa-
vorable weather.--F. & B. to w. & G..
New York.-Steady but little outside
demand, Liverpool sold distant deliv-
cries, bad trade reports on every side,
local traders feel that they may be at
their worst.-Hubbard to Reese.
New Orleans.-Liverpool cables say
further cancellation of large contracts
is causing anxiety in Manchester. We
see nothing ibullish in the situation
Shepard Gluck. ,~s
New Orleans.--Much Importance at
tached to rumor that Attorney General
Palmer is in New York to try and con-
vert German property seized during war
into n credit to Germany to buy our
comm ODDITIES, especially cotton. Esti-
mated German property seized during
war was about $3.50, 900, 000.-Beer.
Liverpool cables says; Cancellation
further large contracts causing anxiety
Manchester .-.s
Houston, Tex.-Spot situation I'M
changed, except more inquiry from Liv-
erpool and continent Strict middling
sold yesterday zoo on December New
York.
Rome, Ga.--Holding moxement gen
eral this section. Numerous instances
tenant class leaving farms, suggests
likelihood good deal cotton remaining
unpicked, weather SO very bad. Com
bination resulting in business standstill
New York.-In absence any Southern
selling tone very steady again with fair
trade demand and scattered trade COW
ering; small Notwithstanding to
Foster.
New York.-Market selling off on re-
ports that basis is easier in the South
east.
Helena. Ark, wires: No desirable
lists OF spots are being offered in this
market.
New Orleans-The, distant months
are feeling considerable selling, while
the near months are comparatively
steady. The idea on~the floor Is that
continued reports of mills closing or
going on half time and the bad slump
in the Philadelphia yarn market yes
terday are back Of most of the SELL
ing. The strength of sterling and 9TH
er exchanges has had little effect thus
far. Sterling is now about five cents
up at $3.41 and marks are 10 up at
l.35.-Shepard & Chuck
New York.--Fall River, reports more
active snot demand.
New York.-Rochester wires: Nine
teen clothing manufacturers Monday
announced reductions ranging 80 from
S3 ID to 40 per cent in wholesale prices
of mems clothing q 3. to Wells
G. Gustafson.
Montgomery, Ala, wires: Have tele-
gram from Quanah. Tex. stating hay
ing snow and ice, farmers very dis
appointed, 10 low grades will be gath
cred.
Grain.
Kansas City wires: In talking with, an
elevator concern here with several ele-