The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-27
w. G.
COTTON FACTORS Memphis, Tenn.
ROUND TIE TICKER
Cotton

SObbOn,
New York.-Weld & Co: While the
buying basis has eased slightly on the
rise, offerings are limited and futures
remain far below the prices being paid
freely for spot cotton in primary mar
kets. We expect Il further substantial
advance. Carpenter & Co.; Whenever
the holders show Willingness to sell
the speculative long wants to do the
same thing, and that means the birth
Of a reaction. Bond, McEnany & Co:
While a reaction is probable at any time
taken advantage Of for buying purposes,
and we look for the market to work
higher as time goes IN.
Sellar, followed by Wilson. Market
dropped into stop orders. Weld advis-
ing purchases. -Clevenburg to Cotter &
Turner.
New York.-Am very bullish long run,
don't believe in much decline, although
good reaction seems due, and would
strengthen the market.-Paul Pfleiger
to Cotter.
New Orleans,-1he weather map re.
mains cold and dry. Sentiment on this
lloOr seems r~eactionary, but bulltsh
traders are confident hat reactions can
not be carried very far,-Shepard d
GluCk,
New York.-We have had spot hedg-
ing orders all morning, which brought
sellers from outside who were buyers
past week; general idea some bull leader
sold out.-Hubbard to Reese.
New Orleans-Uniform firmness spots
invite replacing on reactions; however,
feeling contract markets rather toward
further settling reactions before new
year.-Clark to Cotter d Turner,
New York.-Profit taking over year
end again evident and causing moderate
recession. Don't expect any material
decline, and think market purchase now
-Gwathmey to Foster at 9:2S am.
New York.-Heavy Southern selling
against cotton broke market,-Hubbard
to Reese.
New York.-Mitchell supporting mar
ket. Jap brokers and Liverpool sell
ing; trade lighter than past few days.
Clevenburg to Cotter & Turner.
New York-Notify trade Cairns states
expects open bookings on cotton within
the next two months at the most
maybe sooner, British government has
no objection regular shippers booking
on steamers now loading or are about
to load at Galveston, New Orleans, Sa-
vanah. No indication at present Of
free space on regular liners.-J. n.
l " W w. ~ '" W.
New Orleans.-Attempt Of recent
bears to liquidate on this mornings ad-
vance disclosed o~verbought condition,
While market may be sustained for d
time, we look for cotton to Hoone OF
later follow the reimbursement to a lower
level already started in the case OF
| other commodities Ellis & Co. Night
Letter.
New Orleans-The Pacific coast clears
1914 bales Of cotton for Japan today
Total foreign exports this day last veal
ton on %shipboard in this port is GOATS
bales, against ID 1866 u year ago. This
means largest Clearanoes from here in
a day or two.-Shepard & Gluok.
New Orleans,-Huntsville, Ala, wires
Excellent spot demand here today" -
S. 4 G.
New York.-Southern spot merchants
been selling all morning, which brough
Wall street sellers, bull leaders appear
to have sold yesterday.-Hubbard Bros
to. Reese.
New York.-Decline due to realizing
after long advance; technical position
weakened futures advanced more rap
idly than spots and speculative1y long
Expect good observation-disclosures Bros
d Worms to Gustafson.
Grain.
Memphis receipts; Corn 4 and oat
Z cars.
Hog receipts; Chicago, IS, 900; Omaha
10, 500; Kansas CITY, 1900; Sioux City
5000; ST, Joseph, 5000; st, Louis, 4,OOC
Chicago-Receipts: Wheat, 292, coo
corn, $4,000; oats, 391, 600, shipments
Wheat, $4,000; corn, 49,, 0OOr oats, 1873,
600.
IT, 1ouis-Receipts: Wheat, $4,000
corn. $4,000; oats, 1900, shipments
Wheat, $4,000; corn, $4,000; oats, $1,000
Chicago-Congestion keeps price
hobhing around and uncertain; sum
good people starting sell May corn OF
sualping oats sale all fair bulges,-
King, Farnum e. Go. to Reese.
Chlcago-New hog price expecto
soon, Everett c. Brown, chairman q
the hog control committee, said, mi
Hoover Is expected in Washington mex
week, when the matter of Februar
growers have no reason for alarm, m
information being that between 80 an
60 per cent of the winter crop has al
ready gone to the shamhles, whiC
means that the market soon will be /
q position to chart its own course. L
w, WAGNER 4 Co
Chicago-An advertisement should h
inserted in the corn belt papers: Want
cd--A winter corn movement, Chioag
corn receipts are 70 to l26 cars dali,
where 300 should arrive, Traders AT
conservative. They say corn is to
high, but there is no corr at terminals
Weather was perfect In the corn bel
with no snow of consequence, Mainl
without, Country elevator stocks {
corn are reported very light and thel
are claims of oats stocks well reduced
lnnprAlE Is Nt1FktnE ON n mnnunrn