The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-11-21
ROUND TIE TICKER
Cotton.

New orlsals-At the close OF July
european mill stocks OF all kinds
were only $50, 900 bales, against
s,Ifo,OOO : bales In 1914 prior to
the war. During the past four years
European consumption OF American cot
or from 5000 900 in season Of 1884
70 A,szs,0Oo for season OF lsi7-1S, caus-
ing the supply Of cottoA goods abroad
70 become so scarce as to make II nee
essary for central Europe to resort to
the making Of paper wearing apparel,
H. & b. Beer.
New York-oplnions: Jay & Co.
We do not anticipate an increase Of
business until government restrictions
are withdrawn. Hutton & Co.-Undsr
present restrictions on trading the
trend Of prices still depends largely on
what side Of the market the orders
are on. Carpenter 4 Co.-The uneast-
accompaniment OF the breaking up OF
a world war, Just as much as they
were at the breaking out of war, are
rapidly passing away.
New Orleans~While Washington an
nounces the war trade board has re-
moved all restrictions on foreign cotton
shipments except to enemy countries.
the officials Of the cotton exchange
here know nothing of it and the an
nouncement is regarded Is premature.
Shepard & Gluck.
New Orleans-The ginning report
from the census bureau Is much more
bullish than expected. The bulllshness
Of the report lies in the ginning for
this last period, not in the totaL.-Shsp-
ard & Chuck.
New Orleans-Trader's market, wait
ing for developments on shipping. More
disposition to support on reactions
Clark to Cotter 4 Turner.
New York-LOcal traders buying in
small market, no Liverpool orders
Hubbard TO Reese.
New York--Big short interest all out
standing. All restrictions exports been
removed; personally think higher, but
professional talent here is bearish.-
Cotter to Turner.
New York-Have nailed my colors to
the mast and expect much higher
prices.-McElroy to Cotter & Turner.
New Orleans-Dallas wires: We look
for material advance. Better spot de-
mand and nothing for sale.-Shepard
& Gluek.
New York-we expect a trading
market, but as long as short sales are
moi permitted we feel that ultimately
lower levels will prevail. We do not
advise purehases-Josephthal
Grain.
Memphis receipts: Corn 9, oats 8
and hay 5 cars.
Hog receipts: Chicago, 10000: Omaha.
10, 500; Kansas City. 5000; Sioux City,
5000; st. Joseph, $4,000; St. Louis, a.
900.
Chicago-Receipts: Wheat, 121, 900;
corn, 100, 900; oats, 24S, 900. Shipments:
Wheat, S25, 900; corn, $50, 600; oats. 624,-
900.
st. Louis-Rsceipts: Wheat, 5000;
corn, $4,000; oats. $4,000. Shipments:
Wheat, $4,000; corn, $1,000: oats, 40, 900.
New York-overnight news develop
ments without any Importance and
price movements, In our opinion, will
continue to be irregular, The market
Is a trading affair until the money sit
uation and factors OF readjustment will
be clear.
Chlcago-The break in the grains re-
suited from French reports Of a drop
in North American prices. Grain trade
here does not understand the cable
and is asking how prices could drop
30 per cent.-Wagner.
Chicago-Opinion on grain decidedly
mixed; we believe that cash o and
oats will meet with buying orders on
all breaks.-King, Farnum G. Co. to
Reese.
Chicago-European demand is for big
amounts of flour. There is no sign Of
n serious corn exports for months,
Locals wonder II the lucent corr up
turn will be figured as an excessive
upturn. Steers are at the record of
$19.75. Cash corn wal 2 to 3 cents up.
Cash houses were liberal buyers Of
December oats. Newspapers think beer
restrictions will be removed shortly.
Brewers eonsume SO, 900, 600 barley an
nualtyi' Cash corn prices are at time
ically at any time, The Herald says
flour millers are elated over signs Of
heavy flour demand. Over 1000, 600
barrels Of flour were bought last week
for export and more this week.-Wag-
ner & Co.