The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-11-22
ROUND THE TICKER
Cotton.

New HoTk-FrOm time to time spot
uoIders VIII be willing to meet the de-
maHd n a check In the upward move
.heht' with possibility of a good reac-
ION, may result, But, as said before,
Europe needs cotton and we have il.
n she must buy It from us. Tho
next question Is a matter Of price and
apparently the farmer has the dicta-
tlon OF that,-Nlght letter from Cotter
to Turner.
New Orleans-Whiie sentiment in
Gnhed to favor the market, the long
interest mas Increased recently and may
prove a menace should any bearisb
CONDITION develop. We advise taking
profits on bulges with view of replace
ing at lower levels; think all the In
terror holdings will be for sale at cent
or more advance.-Schneider.
New York Cone buying January;
9uying Is Of good character; Some
SGuthern hedge selling. Exporters bid
dlng III cents, basis Savannah. Larger
exports looked for. Wall street Gov
cred lots shorts yesterday, put out
previous to new rule.-Cotter to Turner.
New Orleans-The war trade board,
III conjunction with the cotton distri-
o,utlon committee of the war Industries
board announces to the cotton ex-
Ghahge In kilograms received this morn
ing, that after Dec. 2 all export re-
strictions will be removed from cotton
destined to the entente countries, A
more liberal policy is adopted for
spain Cotton can not yet be shipped
10 enemy countries.-Shepard & Giuck,
New Orleans-With few exceptions
export restrictions removed; large re-
an buying activity reported; may have
rganzIns reactions, but trend bullish.-
clark to Cotter & Turner.
New Orleans-There is considerable
RAIN over tho pntta, L.It 81
Fair and much colder weather is the
OUTLOOK Tor Saturday and Sunday.
New York-Liverpool again showed
her teeth this morning. This we ac-
Gept as ii bullish index and we do not
hesitate to say that we expect great
excitement from that quarter at an
carry date. Trade is now alive to the
Gntuence OF increasing exports and our
domestic demand win also Increase. be-
ing unwilling to allow Europe to Gull
the best n most suitable grades to
De had'-Fallo to Shepard & Chuck,
New York-McFadden and Wall street
buying after call.
New York-Wall street boueht nm
favorable Liverpool; hedge selling bv
south supplied demand.-Hubbard to
New Orleans-After the first burst
Of buying realizing entered the market
ana Is now holding 1t down.-Shepard
New orleans.-spot men say there is
VERY niue doing today. In the first
i4s Of samples. New York says hat
McFadden is a buyer this morning
GalVestonhas on shipboard 56. 900 haIes
oil cotton against $4,000 a wear ago
shepard & Chuck,
New York,-Big spot interests saw
nara to buy actual cotton South around
present prices; they have got to have
~, ms market likely run away any
Grain.
Memphis receipts: Corn 7, oats "a
and hay six cars. "
hog receipts; Chicago 5000. Omaha.
~, 30V' Kansas City 1000, Sioux civ
O'ooo' st, Joseph II 800, st. Louis 1900
Chicago-Receipts: Wheat SO. 600
corn iS6 POO oats 447, 900. Shipments;
neat $4,000, corn 217, 900, oats las. 900,
st. Louis-Receipts: Wheat II. 600.
Urn 44,e9V, oats $4,000. Shipments:
wheat 4l'oVV' corn ~, 900. oats "A, 900.
New York-The market position il
: ! eaty confused n while the uncer-
Lalhtles are so many and serious con
serVatism Is the one policy of safety,
wouid-be buyers of stocks may we'll
await the dawn of a brighter day, The
Whole financial and business and eco-
monte world has the greatest problems
10 solve. and we do not feel like criti-
c,lzlng our banking control for clamp
the lid down tight while things are
as at present. M A prominent copper
man SAID yesterday. he would be In
clined to accept a bid not much above
20 cents a pound for his company's out
put IN the next year II he could get one.
C~hicago-Cash corn and oats will be
demand on all weak spots until
there is a decided increase in receipts.
king, Farnum & Co. to Reese.
Chicago-Corn sentiment mixed. Feed
Ing demand from the Southwest Is de-
clared nothing abnormal. Tribune
car situation Is best in years, due
falling off in business. Trade now
believes tho movement of corn in De-
cember willy be, large; Tribune thinks
rivals OF corn being indicated. Hogs on
farms are $50 per cen above Atir. /
and cattle 81 per cent smaller. Sheen
unchanged. Signing the bone dry law
the brewing situation unchanged.
ceases May l, 1919, and use
Of beers and liquors July l, 1919, until
rehabilitation Is complete. The final
end Of brewing evidently rests with
state observation-disclosures & Co.
Chicago,-Reports Of increased offer
ings of corn from the country along
with some belief that the market has
have led to further selling Of
W. Wagner & Co.