The news scimitar. (Memphis, Tenn.) 1907-1926, 1918-10-24
ROUND THE TICKER
Cotton.

New Iork-Journal of Commerce re-
view Of Wednesday market, said:
Weight Of the crop keeps clipping
prices despite buying by French, Jap
anese n American interests, big gin
ming estimates for tomorrow. Prices
are coming down steadily under the
weight OF the crop, the pressure of SELL
ing yesterday and some decline at the
stock exchange"
New York.-Hutton & Co: We still
can see little in the cotton situation
that warrants taking the long side.
New Orleans,-The weather map is
cloudy and wet; Temperatures rather
higher. President Wilson'S prompt re-
ply TO Germany is a surprise and the
answer must be disconcerting because
he states In the plainest language that
the word Of the kaiser is no good and
that what the United States and it's
associates in war want is the surrender
Of Germany.-Shepard & Gluck.
New Orleans.-Bear forces controll-
ing, may make concentrated effort
for bearlsh statistics tomorrow, but
weather and technical conditions bull
ish; buying policy advisable; think low
enough.-Clark to Cotter & Turner.
New misunderstanding to the Of
fetal forecast the storm crossing the
country will bring more rain to the
eastern belt tonight and tomorrow.
lneIb 10 HO COlu MtdlItF III SigIIs Gdl-
weston exports 5,000.-Shepard &
Gluck.
New York.-Liverpool not selling so
freely; South selling against actual in
a small way; fair trade demand think
market oversold and should rally-
Cleve to Cotter & Turner.
New York.-Geran and Gwathmey
selling, after buying by McFadden
stopped, some outside selling came in,
putting market off.-Hubbard to Reese.
New York.-After early wave of To-
cal short covering, market turned easier
again on renewed Liverpool selling,
narrow, no special features-Gwathmey
& Co.. to Foster
New York.-Do not see how any cot
ton can be brought here to deliver at
present, and believe that differences
will tend to widen; there has been con-
siderable speculative selling both of
December and January; Liverpool, how
ever, steadily sells March and May
Hubbard to Reese.
New York,-Would certainly sell cot
ton on all strong spots.-Burke to
Shepard & Gluck.
New Orleans.-Think further liqui-
datron likely, though much depends on
news as received and attitude of spot
holders,-Shepard g. Gluck,
Ne wOrleaps-Advances are not we'll
sustained because OF nervousness over
tomorrow's ginning figures. The report
Is due at 3 o'clock and a total of about
1000 900 bales is expected. Fair and
cooler weather is the forecast for the
western half of the belt.-Shepard &
GluCk.
New York-There are indications that
large traders consider the extended
short interest for liverpool in rather
dangerous POSITIONS. 7. Hubbard to
Reese.
New York-Moderate trade demand
met by hedge ceiling and scattered
liquidation. Advfces indicate spots ac-
cumulating South. Market may nave
rallies, but think tendency still down
ward,-Gwathmey to Foster.
New York-Heavily oversold; acts like
recovering, but no investment demand
Washington says no price fixing,-Hub-
bard to Reese. t
New York-Cone good buyer Janu-
airy; think Liverpool; scattered Orleans,
Southern and local selling. Further
Orleans and Gwathmey brokers selling.
Looks like decline about over for pres
ent, rather expect reaction.-Robertson
& Co. to Hancock.