The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-01-30
ROUND THE TICKER
Cotton.

80 ~ II Will re-
qutre a large increase in the exports,
Whlch are sttll behind last year, to bring
ABOUT any sustained advance. n. L.
Carpenter d Co. say. We expect a re-
p OF the advance which was
ohly matted, but not stopped yesterday.
New Orleans-Greenville. Tex, wires:
some inquiry tonight basis from $50 to
900 on March, New York; nothing sell
ing at all; practically no farm work
oeen done his section; cotton acreage
VIII be materially decreased; farmers
calm banks encouraging them along
these hnes.-Shepard & Gluck.
New Orleans-The market acts short
ana mat appears to be the chief rea-
son Tor the advanCe.-Shepard & Gluck.
New York-Hutton been good buyer,
Otherwise very little business; ring
snort. all driven in; scattered Southern
sellng.-Hustace Hubbard to Reese.
New Orleans clears today for foreign
export 1888 bales cotton. Galveston
wires: There are $1,000 bales of cot
ton on shipboard here, against As, 600
This day last year.-Shepard & Chuck.
New EOrk-French commission brok-
ers bought; trade thinks Hutton using
these brokers.-Hubbard to Reese.
New York-Liverpool and Wall street
buying accounted for the recovery from
the opening. Mill news seems dis
tressingly bad. but speculation has been
more in evidence. The mouthing by
one Of the radical Washington repre-
sentatives, predicting a cotton famine,
with 40 cents in the near future, fell
flat, as it should with such nonsense.-
Fallon to Shepard & Gluck.
New Orleans-Think any sustained
advance unlikely until better demand
develops for spot cotton.-Ellis q Co.
New Orleans-Washington sends out
sensational dispatches to the effect that
a British embargo has been placed, to
go into effect March /. against imports
OF some OF the United States principal
export lines. One dispatch says: This
is viewed in official circles as Culminat-
ing evidence. that the threatened trade
war between this country and Great
Britain is in full blast. An ocean
freight war will also be on if the Brit
ish make good their threat to further
reduce the rates between this country
and England shepard & Gluck.
New York-Think market will do bet
ter from opening. though outsiders not
likely to follow advance until business
improVes.-Hubbard to Reese.
New Orleans-No news yet on foreign
freight rates; however, believe chances
favor recover after yesterdays bear
effort; turning stage reached; prefer
Turner.
N4OIUs
Memphis receipts: Corn 10, oats -
and hay Z cars,
Hog receipts: Chicago 50, 900, Kansas
City $500, Omaha 5000, Sioux City
$500, st. Joseph 5000, st. Louis 10, 900.
Chicago Receipts: Wheat $4,000,
corn $4,000, oats 49,, 900. Shipments:
Wheat 5000, corn 1872, 900, oats 1913, 900.
St. Louis-Receipts: Wheat 65. 900,
pnFn 40 nm nofu On nm Chin,,,ontg
Wheat $4,000, oorn 1876, 900, oats 172, 900.
New York-With the short interest in
United States Steel considerably re-
duced as a result of yesterdays profit
taking the market will be susceptible to
pressure until there is a decided
change in sentiment concerning the
general industrial outlook.-Hensley.
Chicago-The embargo on imports of
certain articles into England, while not
including main food products had some
effect on sentiment.
Chicago-Considerable conflict in Ar
gentine news this morning. Some
messages from New York quote corr
as offered there at low figures, but
Bartlett Frazer have a message to the
bushel f. o. b.. New York and not buy
ing any.-Wagner & Co.
Chicago-Believe corn, oats should
still be sold on all rallies.-King, Far
mum & Co. to Reese.
Chicago-Brainard, of New York,
wires: Big concern here states they
are working on proposition to import
10, 200, 900 bushels Argentine corn. Figure
at present rates can be worked at 81
cents New York,-Wagner & Co.
New York-Julies Barnes, president Of
the Grain corporation of the United
States food administration, issued a
statement yesterday in which he says