The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-12-19
ROUND THE TICKER
Cotton.

New Orleans.-Market takes selling
we'll; should it break on giners' toLtor-
row think 1t will be purchase.-Ferrer
to Gustafson.
New Orleans,-Liverpool good and
should have opening advance. Market
Iehabilitating itself after the idea thai
bollies could be dellvered.-Schneider
New York.-We are IN the midst OF
a campaign of education, which Is pro-
crossing slowly but consistently with
the best interests of the trade. Recent
strikers In the Lancashire mills resume
work today. We are confident OPP
timists.-Fallon to S. q G.
New Y~ork.-Hayden, stone &, Co:
The situation seems to be developing
very nearly in line with publish expec-
tations.
New Orleans.-There is much rain
again in Texas and Oklahoma but the
rest of the belt is dry. Temperatures
are somewhat lower, on the whole,
Rainy weather will probably extend the
middle and eastern sections OF the belt.
Shepard & Gluck.
The stock of cotton on shipboard in
New Orleans this morning is 4S3 bales
against 27,Ol4 a year ago.
Liverpool cables Restriction on SELL
ing removed"
New York.-Strength OF Liverpool and
flrmness Of spot situation cause broad
demand; there is increased liquidation
and some hedge selling on advance, but
with promise larger tonnage we ex-
rect much higher prices.-Gwathmey to
Foster.
New York.-Still December and Janu-
airy to cover; all here publish and long
South has March for saie at 80; II thai
IS absorbed they will put It higher
again,-Hustace Hubbard to Reese.
New Orleans.-Possibly some hesita-
tiQn account bearish glnners tomorrow
but bullish spot and general news sup
port continuance Of bullish trend; mar
ket discount positions, particularly May
hold greatest prospects.-Clark to Cot
ter e. Turner.
New York.-Liverpool and some par
ties good buyers.-Hubbard to Reese
New York.-Trading materially broad
| ened and we think market in sound po'
sition. See strong indications OF re-
turning confidence on part of domestic
spinners, which in connection increased
export demand should eventually cause
much higher,-Gwathmey night letter
to Foster.
Montgomery.-Nearly all grades OF
spot cotton can be rendered on the New
| Orleans contract; this then is the rea
| price of cotton in New Orleans, anc
in turn Is reflected in the interior. WITH
| contracts lot luluEt uCllNGly bpNi -
New Orleans and New York undel
heavy discounts below the current
month and below spot cotton, and con
! ditions favoring Increased demand, ahl
| with limited offerings (but by no means
limited supplies, for they seem more
than ample for the presently, we looF
with some considerable degree or IN
terest as to what will develop. Squeezes
| of winter and spring months would no
| surprise anybody.-Weil Brothers.
New York-Heavy buying by Liver
pool and Wall street.-Hubbard u
Reese.
New Orleans-It is rumored that thu
National Ginners now claims that TN
census figures on ginning tomorroW
will be SO, 1000 bales larger than It's estl'
mate of 10, 215, 900 bales to Dec. ~
which would NEAR a production Iol
the period of 702, 900 bales, against 49,.
| 900 this period last year,-Shepard q
Gluck.
New York-Keen demand for Jan
nary. probably covering hedges on cot
ton clearing for Europe. Think Liver,
pool still short.-Cleve. to Cotter q
Turner.
Savannah exports 14,100 bales Il
France and the continent.
New York-Weld brokers and spo'
people buying. A New York-TeXas spo
| house tells me they car not get enough
cotton to supply the demand for ,ex'
port. lot Of hedge business in market
| COMPARATIVELY little speculation.-CleVe
| to Cotter & Turner.