The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-09-23
ROUND The TICKER
COtton.

New Orleaus-Liverpool about S. bet
ter than due, very buliSh man again;
rains IN Southeast Texas; looks like
colo wave coming of Northwest
Beer to Neral.
New Orleans-Market about 800 up
from recent low and entitled TO somu
reaction; perhaps loo or more points
would sell 1t here-Beer to McFalL
Weld, Liverpool, cables: Firm mar
Yet with heavy short covering, chiefly
by Manchester"
New Yok-would take profits on
good advance today.-McElroy.
New York-Big mixed trading; trend
now appears definitely upward, bad
weather, good demand for good grades.
south holding -Cieve to Cotter 4 Tur-
ner,
New York-S. II. Weld 4 Co.; We do
not believe that the advance will go
much farther for the time being.
New Yorkshire news this morning
looks spotted. Stock brokers not so
optimistic.-Hubbard TO Reese.
New York-Liverpool cables Manches-
ter buying better spot demand causing
good market here,-Hubbard TO Reese,
New York-All large local traders COW
cred yesterday, Cone buying, Wall street
taking prottts.-Hubbard to Reese.
New Orleans-Lateness OF crop and
consequent difficulty OF getting cotton
and short supply In English mills is
also a factor i1ethe strength there. Mills
held u too long in their fight against
producers, counting on crop pressure
Kotler to Clark 4 Co.
New Yo~rk-Strong Liverpool advance
followed by heavy buying. reversing
straddles; also active demand iron,
shorts and some fresh buying on un-
favorable crop reports from Texas; ac-
tive market with considerable realizing
on ADMINISTRATIONS to Foster.
New orleans-Apparently ideas are
shaping around condition figures OF u
with considerable abandonment shown
indicating crop less than 10000, 900, ex-
GLIDING linters; with improved weather
now on think such figures will prove
too low; prefer buying only IN good
breaks,-S. j, White to Cotter & Tur.
ner,
New York-Cotton does not fully re,
spond to the cables being sustained b,
the stock market, which evidently doei
not consider the strike situation as i'm.
proved, Yet. the crop advices beinl
received are bad and II would seem as (
Liverpool was beginning to get alarmed
but prices are at such a level that hest
tation to take the bull side is sure L
folloW.-Fallon to s. & G.
New OrleanS-Map looks III gener
ally unsettled, rainy weather; cooler II
Northwest, with temperatures below a
and so in Northwest Texas and Okla
homa.-Kofler to Clark & Co.
New York-Very heavy profit taking
by recent buyers; market acts near tol
for moment; should react but probahl,
no great decline before report,-Hub
bard to Reese,
In reply to question as to killIni
market today, s, T, Hubbard replied
You will have no company on shir
side until after bureau; market Ger
tainly acts loaded in face OF crop adj
vices, Personally am against buylnI
anything because Central Europe will
work for living while we work for play
Philadelphia selling much against cot
ton bought South
New York-Liquidation and Southern
selling causing market to ~decline.-Gal
win.
Chicago-0ur reports are indicating
an average decline in cotton of fiv
; points from last month, with full eff
feet Of storm damage not yet reported
AZ short picking season Is probable Il
I most of our correspondents report n
top crop in sight, and this condition |
4 apt to make a smaller crop than esti
mated on condition figures,-Clement
!, Curtis & Co. to McFall,
. New DEMONSTRATING and uncon
1 firned rumor regarding strike cause
: recession; spot markets higher an
I steel stocks firm.-Fenner to Gustaf
I son.