The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-04-30
ROUND The TICKER
Cotton.

buying, contracts scarce think mostly
covering for holiday.-Cleve to Cotter q
Turner.
New York.-Special reports to the
Journal Of Commerce say that in Ten
nessee very little cotton has as yet
been actually planted and in nearly all
sections the season is from 10 TO 20
days late. In Arkansas planting is fur
Their ahead and present indications are
for more increase in cotton acreage.
Gains are as high as 20 per cent. but
are partly counteracted by cuts III
from 10 Is per cent. Reports from
Missouri are favorable and an in
crease is indicated, In Florida the crop
season is about "a days late and
decrease in acreage is probable.
Newbedford, Mass.--Union operatives
in all but three cotton mills in this
city were ordered by the textile council
to strike next Monday, owing to notice
posted in the mills relative to change
in work required of them. Eighteen
mills employing 20,l30 operatives, VIII
be affected.
New York.--Hopkins Dwight issued
10 notices.
New York.-A private cable reports
that negotiations for settlement of Ian
cashire cotton mill wage dispute have
been abandoned The message says
that the federal convention of master
spinners agreed to grant an advance OF
IS per cent, but that the workers IN
sisted on an increase OF 30 per cent
Originally spinners demand an increase
Of go per cent on current rates'-ClarN
& Co.
Outside news is against the market.
Cotton goods are easier but poor crop
accounts are sustaining influence.
About 1000 May notices have been is
sued" New York shorts appear TO
have covered because OF the holiday in
of a petition to close this market, but
so far as can be learned now, New
Orleans will be open tomorrow.-Shep-
ard & Gluck.
New York wires: Much like yes
terday. Scattered Southern selling Lo-
Gals bought, following Mitchell.
New Orleans.-The market is rising in
the face of reports from Washington
| that the war finance corporation has
been abolished. This is regarded as
bearsh on spot cotton, but possibly II
is not as important as some people
think. The market at the moment is
driving is main strength from buying
of October by mill nterests.-Shepard
& Gluck.
New York-Liverpool fair buyer OF
new crop on call Mitchell also buying
some of the local operators following
that side in anticipation of covering
| over the holidays. but do not think the
advance will hold-Jung to McFaH
New Orleans.-Norden' preliminary
| acreage report shows increase OF IL
per cent.--Jung to Neral.
New York.-Map clear, local traders
| buying idea might rain over two-daS
holiday, don't follow advance as there
| is no real business here.-Hustace
Hubbard to Reese.
New York-Small market. Liverpool
and Japs sold, some liquidation py
| commission houses to even up over the
| holidays. f. to Clark Il co.
Liverpool easier; account strike con
| ference broken up. Still hope strike
| will be aVerted.
Chicago-Reports of correspondents
| show general slowness in the planting
| of cotton, with early expectations Oh
a large increase in the acreage gradu'
| ally being reduced by the unseasonable
| weather. The actual planting is from
| two to three weeks late. The con,
| templated acreage now is estimated al
| "a million, which is per cent over
| the acreage harvested last year and
| the same as the acreage planted last
| spring and summer. Clement GURUS
| & Co. to McFall.
| New Orleans-Personal friend OF our
1 firm in Burke county. Ga, writes Vi
/ per cent of crop up to a stand ano
| crop conditions are as good as usua
/ in that section of Georgia. Corn is
| late as preference was given to work
| ing cotton-F. & B. to Wells & Gustat'
/ son.
New Orleans-Jay G. Co., New York
| wires: Outside news against market
| goods market easier poor crop ac'
counts sustaining influence,-F. & b
to Gustafson.
| Liverpool cables: Masters offer 2;
per cent increase, operatives demand
| IS: getting closer.
| New Orleans-Reds plan demonstra
| ton in this country tomorrow and are
said to be back of growing mill strikes
in New England. New river from
| strike growing here.--Fenner & Bean'
| to Wells & Giustafson.
New Orleans-Offerings are more lib
eral especially in July. Certain beal
| interests have been trying to talk the
| market down all the morning. They
claim that the selling of July is beint
done by spot interests who are disap
| pointed over the abolishing of the wal
finance corporation. There is increas
| ed talk in some quarters of July anC
/ October coming together.-S. & G.