The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-09-25
ROUND THE TICKER
Cotton.

December; outside liquidation with
local sentiment bullish; about $4,000
tenders needs new buyers today
Hubbard to Reese.
New York-Some liquidation October
account notices; buy this depression
good scalping .-McElroy to Cotter 4
Turner.
New 0rleans-Liverpool > to 6 worse
than due, market should react sorue as
both strike n political news are uu-
favorable, but do not look for much
decline as spots are very strong; 22.00
SOLD yesterday in interior at top prices.
Beer TO MeFaE.
New Nor--Sterling 4.20& francs $40
marks 4.60; calls on hundred thousand
marks $500 at bS.-LAdwig TO Reese.
New York wires. ''Traders bought
cotton on better strike news and highe.
foreign exchange rates"
New Orleans-RepoTter spots here
| strong n higher. Basis here SO much
\ cheaper than Texas that demand is at
tracted, and run Of staple here also
better.-kolfer,
Washington-AA indefinite delay faces
the amendment TO the federal reserve
act which is designed to aid In mar
keting Of cotton. The amendment pros
vtdes that loans in excess OF 10 per
cent OF capital and surplus Of national
banks nay be made when secured by
receipts showing that cotton had been
properly warehoused .-kolfer.
New orleans-Foreign market very
strong this morning. Sterling is SAC
better at s.S5, and marks unchanged
at $50.
New orleans-This Is first notice for
October, both here and New York.
Thus far only one notice Is reported In
New Orleans, but 1000 to 5000 are re-
ported in New York. This is the last
day In September condition period
which is the final period Of the season;
Today also marks the end OF the second
ginning period. Thus far the trade
seems disposed 10 look for a low con-
dition and small glnning.-S g. G.
New York-Taylor 55.2; fair scattered
demand not much outside business
Cleve.
New York;, w. Jay & Co. report
5S.S indicated crop, allowing 5 per cent
for abandonment, 1900, 000.-Cleve to
Cotter a. Turner.
New orleans--The market has felt a
fair demand thus far, partly because
of the absence Of October notices and
partly because Of the growing balief IN
a bullish condition reports. 4 q,
n New York-Csrpenter; Keep In mind
that a very bullish bureau report Is
only nine days away &, II, Weld &
Co: We think the South will sell freely
j around so cents and therefore We dc
not advise buying at the present time
Now Orleans--Reported that the Ma.
tional Ginners' figures 500.
New orleans-only 1000 notices Is
sued In New York, and only one here
4 Strike news etand-off and better
weather map.--Fenner TO Gustafson.
New York--overton, OF McFadden
L 0 INA. All 49,. ,yaa0 @aAanN. - A.
cidedly unfavorable, but we feel II mar
ket advances IN bullish government re
port the advance will not hold.
. New YorS--Shortly before midday tn,
market reacted partly on the eiiminat
ton OF shorts Demand sterling shad
[ ed IN from the best OF the day q
4.1Sts,, and cables sustained q slmila
Z $40 for cables and $685. for checks
= Lire quoted at s.S2H for cables, am
\ s.s5 for checks. Marks, 445@4,47.-
Z News Bureau.
Z Winchester, 8. C.--Farmers are stor
ing greater part Of their cotton. waitinI
Z for the next government condition re
port,
London--Press headlines say all Brit
ain trenbles as railroad strike draw
4 near, A fortnight Of general rail strik
} and shipping. Use Of troops, L
4 feared, would mean revolt
New orleaRs--Spot people say goo
" inquiry and spots quarter TO half tina
higher quotations. Bulllsh private cor
dition forecasts are likely for next fe
y days.-Kofler,
Atlanta, Ga.-The spot news from a
u oevr the Atlantics Is very bullish-
Stafford.
New York--secretary Glass has ar
nounced plan to relieve foreign govern
n1ents by postponinE interest payment
due the United States. This will be
big help to foreign exchange.
i' New Orleans-Spots here said I oil
higher and better demand, and thel
!. are rumors that Texas spot people wi
have been caught. short have bougl
5000 bales out Of the local stoc
l. which they are shipping to Galveston
% s. g. G.
= Chicago-Lower hogs, lower Septen
~ Der corn, lower cash corn, poor buyir
power. Cant see anything to buy tn
~ grain on.--Dennis-
I. Omaha wired: 1--WE are buying ne
d: corn at our Iowa stations at 1B cen
IL under Chicago December for deliver
by Dec Is. We have bought .abol
$4,000 bushels so fart. T. M. to Clal
X. & Co.
ID, Chicago.-o'Brien says: setbanks
20 . or 3 in corn Is only natural al
should be expected while the prese
Is; unsettled conditions continue. Buye
IS. must make purchases when breal
come. Light movement of corn contll
IT. ues. Farmers win not sell at the
levels. Keep on the long .side.--Cleme
es. Curtis to McFall.
Chicago.-Not much pressure on GA
&c; but demand very poor. Some loos
who have been friendly are modera
sellers. December corn looks a pu
er, chase on this break,-McKinnon to Cla
%. & Co.
Washington.-Serious consideration
no. being given by the department Of ju
tice TO the Recommendation submit
to the attorney general by Herbert