The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-09-11
ROUND THE TICKER
Cotton.

Nov York.--Japs heavy sellers Of cot
| ton cause early decline.
! Waco. Texas.-Business at a stand
still Buyer has cut basis, but holders
refuse accept decline, However, II the
| weather continues clear expect basis
ease during next week or ten days
Beer TO McFall.
New York.-Sales of print cloth at
FAN River for the week about $4,000
pieces A little more inquiry reported
but at price unacceptable to manufac-
| turers. Curtailment aggregated 100000
pieces, due largely to Labor day shut
down. Operating is expected to be more
general in next week or two, after
which unless business improves cur
tailment will again become very heavy.
I--Pearsall.
New Orleans.-An indication OF ex-
ports increasing In future is noted in
shipments at 80 interior towns for week
OF 1900 VS.. 10000 last year. Antici-
pate better demand for spots last half
OF September, perhaps very good de-
mand during October as Europe needs
American cotton and must have it
Beer to McFall.
New York-Spot interests have been
buying October for some days past. II
is limited that people who took up cot
ton rendered on July and got control OF
stock here have since resold the cot
ton to others, who are persistent buy
ers OF October. Those who now control
the stock here are buying october to
cause further bear stampede in that
| month. Would be cautious in making
short sales as this October deal may
so far to sustain the market.-Galvin to
McFall.
New OrleRns.-Bullish traders gave
the market determined support for a
few minutes, on the argument that gen.
eral trade is better, but they were i'm
liata al vii nff
buyers of the earlier sessions Of the
weeks. & G.
New York.-This is Supposed to be
the Livermore crowd selling out on
better weather.-Hubbard to Reese.
New York.--Heavy Wall street and
Liverpool selling while some scattered
wire house buying and New orleans
selling on. stop loss orders. Local
crowd inclined to sell. Gwathmey is
heavy seller March cotton.
New York-Hutton G. Co. heavy SELL
err December cotton.
New York.-Weew end statistics
rather bearish. Operatives in Phila-
delphia hosiery mill decided TO accept
20 per cent reduction in wages rather
than have mill close down, Is this
beginning of labor Observation-Disclosures
to S. & G. ..s
New Orleans.-New York reports
better feeling in the dry goods market
but business remains slow Weekend
trade reports claim that there Is more
optimism regarding the future and that,
the volume of trade is larger. The
new French loan is quoted at 101 on
the curb,-S. & G.
New York-Hear cancellation 1900
shipment Savannah Tor Japan.-NcEl-
roy to Turner & Reid.
New Orleans.-No special news except
Map readers trying figure possiR!li-
ty more rains West over Sunday. See
no encouraging signs from trade ac-
counts sufficient sustain ADVANCE
Newberger & Co. to Turner Il Reid.
New Orleans.-Houston wires .coun-
try offered cotton here freely yesterday
afternoon. basis mucn easier now,-F.
II B. to W. & G.
New Orleans.-Confidence seem some
what restored and shorts no longer
llnger, but run on every bullish develop
ment There is no doubt but that every
bearish feature has been exploited. We
think that from now on the constructive
side OF the market will prove most prof
table as we can reasonably expect a
more pessinistic feeling to develop in
regard to the size of the Crops. g. q.
New Orleans-The barometer re-
mains high over the cotton region and
another important high is headed for
che belt from the West. 1t looks like
continued good weather for the belt.