The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-10-20
ROUND THE TiCKER!
Cotton.

Cotton.
New York.--Liverpool cables: General
covering oversold market. Manchester
buying little. but no change trade. no
strike news-Hubbard
New York.-Mitchell supporting mar
ket. Liverpool sold January heavily,
Japs bought March.--Clark & Co.
New York.-Local traders sold heavi-
~ on call; several thousand March fill
ing demand; local sentiment bearish.
S. T. II. to Reese.
Liverpool cables: Conference Of rail-
way men adjourned until tomorrow.
This Is being given "A bullish construc-
ton"
shington.-Secretary Houston ad-
dressing bankers convention opposed
aid from the government for amy
groups suffering from declining prices.
Waco. Tex.-Situation entirely re-
versed itself. Bad weather and light
hard to buy. Belief is present rains
will not only lower grades, but actually
lessen crop. Demand somewhat better.
No runaway market on bull side eN-
pected. On contrary feeling among
best posted people is that temporary
bottom been struck.-Beer to Neral.
New York--Manchester cables the
Daily News Record; Striking a warn
ing note relative to cotton mill divi-
dends VIM. Haywood chairman of
large number of mills. states that in
his opinion 10 per cent per annum is
adequate. New mills are urged by Mr..
Haywood to adopt policy Of consoli-
dation.'
Liverpool cables say rumored strike
be settled this week, and think it prob
able,
New York.-Liverpool and Jap brok-
ers bought January and March, Up
town and local traders sold; tone un-
misunderstanding to Turner & Reid.
New York-Rice- Silk & Co.. of St.
Louis. advertising a big cut-rate sale
of cotton goods for the 2jth.
London.-The British railway men
reached no decision on strike today
they will meet again tomorrow.
Terrell, Tex, wires: Texas bankers
have called a meeting for tomorrow at
Dallas to urge people to hold their cot
ton"
New Orleans.-Bankers in session at
Washington strike optimistic note
South not nearly as broke as some
reports would Indicate" substance
Southern bankers view.-F. & B.
New York-Retailers have 40 per
cent less goods on hand than last year,
waiting 10 get lower pllCSS.-r' ~ ID
to w. & G.
New York.-Reports in the dry goods
market says that the new prices on
many ginghams have not brought in
much business as some Southern mills
wanted and as soon as they can adjust
labor the situation that field, 1t is inti-
mated that revisions of final charac-
ter will be tried. The United States
Worsted company mills at Chelmsford,
Mass, will reduce wages 10 per cent
effective next Monday.--Housman &
Co. to Wells & Gustafson.
Grain.
Chicago Export sales of wheat yes
terday finally reported at $4,000
Wagner to S. & G.
Chicago important item in the
wheat situation just now is the in
creased offerings from the country. This
condition will slowly relieve the con-
gestion now appearing in the Deem
Der delivery.
Chicago.-The federal trade commits
sion Is in session here today in its in
vestigation of the wheat situation. This
investigation will uncover the fact that
cash wheat is now II cents lower than
on July Is, when future trading was
resumed, while the December delivery
is only IS cents lower.-Babcock to
Clark & Co.
Grain belt forecast: All states in the
grain belt: General rains tonight or to-
morrow and cooler.
Chicago.-The buying of November
lard seems to come from packing
sources, offerings are light. Price Cur
rent estimates number hogs being fat
tened for market at AZ per cent OF last
year in Kansas to IS per cent in Okla
homa
Chlcago.-Shipping demand for corn
is decidedly slow. Lowest offer out
Of here last night brought only 5000
bushels.-Babcock to Clark & Co.
Chicago.-Price Current says: Soil
condition now reported as too dry in
considerable portions of the states OF
Ohio, Indiana Iowa, South Dakota.
Nebraska. Kansas and Oklahoma. and
largely favorable in the states Of Mis-
souri,, Minnesota and North Dakota.
Minneapolis quote leading
brands of white flour off 30 to As cents.
graham and entire wheat flours off 10
cents, rye unchanged, feedstuffs re-
main unchanged.
Chicagp.-The wheat investigation. in
my option. will disclose nothing. but
a lack of foresight on the part of the
American farmer in that they PEI
mitted the Canadians to take full ad-
vantage of the early season price and
market under the very eye of our
growers a portion of their surplus. In
Corn the situation looks hopeles,sily
| bearish. Despite the markets big
break, there is nothing on which tc
| base hope of a sustained rise.-Mc-
| Kinnon to Clark & Coz
Chicago.-Corn crop will be the lark-
est ever known and is enough to last
| two years. l think we will have thirty
one hundred million of merchandise
corn, which is 500, 0OO,0 600 more than any
other year.-O'Brien to McFall.
Winnipeg wires; The view that our
wheat crop has been overestimated is
! becoming popular. The opinion of peo-
pie who early estimated 10000 600 nov
reduced it by 250O0,OOO to 35,9OO,OO(
| bushels"
Kansas City wires: 1.-TWO elevator
concerns say liberal purchases of wheat
| being made this am; 1850 or more
hedged here and considerable in Chi
| cago,'
New York wires: Yesterday, an&
overnight sales wheat estimated two
million bushes to France and Bel
| GUM"
Chicago -Argentina crop outlook re
| mains favorable.
| New York.-EXport sales Cottonseet
| oil in past month are set at 300 O0(
barrels. Wagner to Shepard & Gluck