The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-11-15
ROUND TIE TICKER
Cotton.

New York.-One Of the first after-war
developments is allotment Of cargo
space for cotton exports where most
needed. This space has beon provided,
Look out for big export figures hereto
fore held back, as censorship on this has
been canceled,-Cotter to Turner.
New York.-Opening strength due to
Liverpool buying and market being out
Of balaAce because no short selling;
would limit all orders; likely be more
eTratic than ever; buy it on soft spots,
-Cotter 10 Turner.
New York-Discourage all speculation
until these restrictions removed n sit
uation adjusted. Liquidation finds mar
ket without speculative short support
always available Hustace Hubbard to
Reese.
New Orleans-Some of the buying this
morning is based on the denial by the
national governor of the federal reserve
bank that reserve banks were calling
loans on cotton. Mr.. Harding says
There is nothing In the policy Of the
federal reserve board that could posi-
bly, be construed as indicating a dispO.
sitiOn to depress the value of cotton. -
Telegrams have zone forward from this
market, signed by all spot firms and
addressed to the war industries board,
suggesting that all export restrictions on
cotton be removed n claiming that
WINE tADOIltIS nave large oTutIS lIOIll
abroad they can only secure export Ii
ccnses under difficulty n delay
Shepard a. Gluck.
New Orleans.-We look for much
higher prices, but with enormous set
backs. which makes it very dangerous.
-Fenner to GustafsOn.
New York opinions: Hutton-The on
sumption figures were about las, 600 less
than last year and adds more to the
already bearish statistical position Of
cotton. CarpenteT-Convulsions in spec
ulatiye markets apparently do not dis
turb the holder Of cotton.
New Orleans.-Advices from recent
bear leaders indicate change Of front;
pressing appeal for relaxation shipping
restrictions, increased tonnage outlook
improving in favor market.-Clark to
Cotter & Turner.
New York .-Interest both sides been
materially reduced, but since buying
only permissible there's danger of aCcu-
mulating long interest that may be con-
slant nuisance to market.-GluCk.
New York.-Some new buying caused
sharp advance owing to absence sellers
and government restrictions on short
sales.-Gwathmey to Foster. 4
New Orleans.-The weather may
shows little rain in the western belt, but
the eastern belt is dry. The outlook
seems to be for more rain. Southern
spot men are entering an organized
movement looking toward the removal
of all restrictions on cotton exports.
Should the present restrictions be modi-
fled or be removed, a spot demand of
consequence would Immediately spring
up,-Shepard & Gluck.
New Orleans-New York wires
Shorts want to cover, but there Is lit
tie cotton for sale. Liverpool shorts
plainly are getting nervous. shepard
& Chuck.
New York-All governments stop
buying cotton goods out of capital of
country. DO you think the individual
gradually being discharged will or can
pay war prices for goods.--S, 7. Hub
bard to Reese.
New York-Liverpool market pro
hibits all sales, except in liquidation of
long contracts; practically stops trad
ing there. The restrictions on short
sales on his side makes market mar
row and sensitive; this explains ad-
vance today. Meantime market will be
governed by mill demand for actual and
holders pressure to sell aCtuals or
futures as hedges, with continued eff
fort to control values by legislation
Robertson & Co. to Hancock.