The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-18
ROUND THE TICKER
Cotton

Cotton,
AleEt Eomsry. Att.--WcatAer condl-
lions during tho first half Of
February were not vary much better
Than the month Ut January. consequent
" very little Roadway hus been made
IA the way or preparing lands but this
condition. at this dat, ia by no meane
unusual In our crop letter cf Feb.
we stated that very little business had
been done i'm live stock and also that
VERY little fertilizer had been sold at
that time. We now find that the HIVE
stock galtS 20 farmers are on the in
erase ana that a great amount OF fer
tiliEer has heen contracted for. Ia fact,
considerable increase over last year
The d atand for spot cotton has been
Nery limited. The decline In foreign
exchange is largely responsible fer this
con lition We'll BrctherS
New Orleans -rnenulle. Tex. wires:
Weather clearing q afternoon. farm
crs bringing lots 10 zrales and boil
lies with poor demand a q,
New Orleans-Weld cab. from Liv-
erpool. our correspondent estimate
worlds consumption OF American cot
ton this season at l3,0o5, eco bales max
imum, 2.44b0 600 bales minimum, av-
egage l2,72iooo."
New orleans-Chailotte \. c.. wires;
Round lot Of cotton sold al $3.50; Gamer
has Teen asking So cents Ter tt.-Clark
4 Co,
New 0rleans-The New Yorl, Cotton
exchange win De closed Feb. Il and q
owing to Washingtons birthday falling
on Sunday, New Orleans will be closed
Feb. 20. not known yet II viii close on
2ist. Stock ON shippoard: Feb. / /, New
Orleans, $4,000 against $4,000; Calves.
ton, $4,000 against $4,000. Exports
likely continue large Beer,
New YDrk--Ntchell goeG buyer July
Liverpool moderate buyer Weld and
Gwathmey selling May and July. Com
mission houses selling on rumor fed
eral reserve will increase discount rate,
~-Mollman 10 Mcbal
New Orleans Beer. Cowell & Co,
Liverpool. cable: Big business con-
tlnues Manchester, spinners calling
Beer TO McFal!
Washington - Whether the peace
treaty is to be ratified or the league OF
nations question carried 10 the people
in the presidential election may be de-
clded this week.
New York-uolttcal news affecting
peace treaty not conducive to bull side
uf anything Liyermore and Weld
chief buyers yesterday; Weld now says
has no opinion, but would not sell
short--Cleve 20 COtter & Turner.
New York-weId & Cos traveller
wires from Austin, Tex: Weather
continues favorable; farmers preparing
their land as fast as possible with I'M
usual labor shortage and considerable
sickness. Corn planting has started In
southwestern Texas and when food
crops have been planted cotton plant
ing will start and continue, according
to fRvorahleness of weather
New York--Exports of gold are not
only causing the mines In the United
States 10 shut down at an alarming
rate, but also threaten the financial
supremacy Of the country, according TO
report made on the subject for the
American Mining congress, --Pearsall.
New York--Fcr the first time in
some while exports so far this week are
smaller than the corresponding time
last year, Dry goods market reports
slowing down IN business, Still think
It inadvisable to follow long side
Jung To McFaIl.
New York--Llverpool selling on open.
ing, shorts covered yesterday, Journal
Of Commerce reports easier markets.
silk. wooden goods; local traders bullish
because all declines recovered quickly
Hubbard to Reese.
New York--Weld 4 Co: We are not
In favor OF buying at this level, al
NhS1hh w aAN AhNtttNu W tABNii HikH@
er prices, We think short sales very
unwise with contracts at the present
discounts under spots.
New York--Selling general on lower
cables on unfavorable political news.
Liverpool not buying so heavily this
morning,--Jung,
New York--The South selling quite
freely today Local crowd selling on
absence of Liverpool demand. jung To
McEAiI.
New Orleans-weld wires. Market
needs better support, may ease Off fur
Their, owing fear higher interest rate
America and England tomorrow. Liv.
erpool cables; Looks tired, doubt IL
VIII recover"
New York. Almost all the wires that
been received on cotton market from
south have been bearish Slater 10
McFall
Apparently tho following wire was
sent out by bear, Little Rock
sentiment here extremely hearish due
TO large acreage anticipates economic
conditions are bad, no spot demand,
labor plentiful and farming conditions
good. Fields throughout state being
cultivated rapidly with good weather
prevalent Warehouses; and com
presses taxed 10 capacity with storage.
Grain.