The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-18
ROUND THE TICKER
Cotton.

New OTleans.-beaFlSh forecasts are
ailoat that the ginning report Friday
WIZ snow a larger output for the period
than the same period last year.
New Orleans.-The weekly weather is
bearish for Tennessee and Albania since
II Is dry and not too cold, but outlook
is for unsettled and rainy weather next
day or so which would be bullish.-
Shepard & Gluck,
New York,-New Wall Street short
interest being created; spot houses TAX
Ing offerings .--McElroy to G. Il II.
New York,-Wsld B. CO.: There is no
doubt OF the ability of the majority of
the holders TO carry their cotton almost
Indefinitely, N. l., Carpenter & Co. d.:
1t would be difficult to imagine a more
healthy opening to a. real bull market,
New Worthwhile the outlook for ex-
ports from this side Is for a steadily
increasing volume and which in some
quarters might be accepted as against
English prices, that market is undoubt-
eddy disturbed by the considerable in
quiry from competitive nations. The
British n French commissions are
said to be buying; so are mills here,
and trade houses; so is speculation
broadening ,--Fallon to S. & G..
New York.-Same buying as yester-
day, some liquidation; about rs Decem-
her notices issued.-Hubbard to Reese,
New York.-Locals still bullish, but
market ACTS though had absorbed all
Southern hedging will take at moment.
Hubbard to Reese.
New Orleans.-Ahout $500 December
notices were issued In New York to-
day. Houston wires: "On account of
the advance In Liverpool the spot basis
Is stronger and there is a good demand
for all offerings, Shepard & Gluck.
New York.-Strong cables cause good
general buying which absorbs scattered
liquidation; some notices issued, which
might cause further liquidation, but
market acts well and we favor buying
on any fair recession.-Gwathmey to
Foster.
New Orleans,-Bearisn period ginners
expected Friday; report causing occa-
sional r%eactionary 'efrorts, but under
tone and general tendency feeling bull
ish,-Clark TO Cotter s. turner,
New Orleans,-New York confirms
rumors regarding the national %ginners'
report to Dec. Is and puts the total at
10, 2l9, 900 bales, which would mean a
ginning this last period of 656, 900 bales
VS.. only $4,000 last year and $4,000
the circulation Of notices is causing
liquidation in that marHet.-Shepard &
Gluck.
New York.-Weld thinks we'll of buy
ing on this break, good class buying
here this morning ,-Cieve TO Turner.
New ork.-Liverpool continued good
buyer after opening, but hedge selling
too much for market; Japanese brokers
buying May.-Hubbard TO Reese.
New York.-Mitchell, Keiffer buying;
Hubbard brokers, Liverpool, commits
cock.
Grain.
Memphis receipts; Corn 3. oats 2 and
hay Q cars,
Hog receipts: Chicago so, 600, Omaha
~, 900, Kansas City $1,000, Sioux city
10000. st. Joseph $4,000, St, Louis,
81, 900.
Chicago Receipts; Wheat 2sS, 900,
Wheat 437, 900, corn LAT, 900, oats 3S4, 900.
st. Louis - Receipts: Wheat 80, 900,
corn 1000, oats $4,000. Shipments:
Wheat $4,000, corn $4,000. oats 81, 900.
Chicago-lIerald thinks Chicago corr
arrivals too small and sees a winter
hog rush that will mean light hog sup
plies late in 1919 with no hog price
props REQUIRED. Manufacture Of hHeagg
pounds above last year. Lard stocks
are large: Pork and ribs look small
Wagner e. Co.
New York-The market is not ready
for any broad strength of movement.
Advances in certain of the specialties
to which we have directed attention of
late are probable, but for the time be-
ing. ! look for plentiful offerings that
will keep things much in restraint for
some weeks, Price readjustment in
steel is apparently already under way
ana that without cut in current basis
OF wages, In copper a new condition
has developed. 1t seems that the
| American Smelling company, which on
26-cent copper made purchases on re-
ceipt Of concentrates from the mines at
around 30 cents, advancing t6 cents a
pound, all subject to adjustment four
| months later when the real copper be-
came available, is now so much in the
air on copper conditions that 1t Is pur-
chasing at Is cent and advancing IL
cents.-Morse to Shepard & Gluck.
Chicago-Report show general husk-
ing OF corn " to 30 per cent finished.
Quality Is very high.-Wagner & Co.
Chicago-stil trading market; corr
turns up easy account small receipts
dragged up.-king, Farnum g. Co. to
Reese.
New York-Bache & Co: THE Nc
Adoo proposition to continue govern
ment control of railroads under pres
ent conditions might be made by far
the most sensible and business-ilk
thing which has been suggested since
the subject was launched for discus
sion. That would be done by making
the length Of time elastic, not over five
years, but in two years or three years,
a final plan should be arranged in
the meantime"