The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-10-08
ROUND THE TICKER
Cotton,

SOttuHs
New York-Honand extends billion
and quarter marks credit TO Germany
-Cieve to Cotter & Turner,
New York-Market caught short Of
spots In futures can expect only tenn
poiRry reactions. MCElroy to Cotter 4
Turner,
New Sentiment moderately
bullish owing to gradual Improvement in
international politics and business out
look. Firmness OF Southern spots Is a
sustaining influence, Yesterdays low
middling at Dallas remained unchanged.
middling advanced 10 points, good mid
ding 20 points, denoting demand for the
better grades.
| New Orleans--Buy cotton, particu-
| larly on depressions, as likely have gen
/ uine frost scare next week, Spot sales
| Liverpool largest since before war
Beer TO McFall.
New Orleans-Aiap shows chance for
| cold wave with damaging frosts coming
on belt toward sunday West Texas
| crop I'm anger,-kofler
Liverpool cables; Strong here, owing
continuance short covering, Spot sales
| increased TO 10000, but only 5000
| American.
New Orieans---Texas weather and spo,
advices very bullish, good demand fol
spots, especially high grades, Magno'
| liza, Miss, wires: Was offered 30 cents
for 400 bales good middling this morn
ing; ordinary staple. refused offer, Note
Good middling here yesterday was
quoted S3ssi shows how dear the in
terror is,--Beer to MeFall.
New Orleans-Spot sales at Liver
| pool lust raised to 10000 bales Looks
like Europe Is Just beginning to realize
the crop situation and the competitor
for supply.
New Orleans--Spots are firm Rnt
higher. Spot cotton hard TO buy here
Kofler.
New YorS--Mtchell bought March
local traders buying on Texas rains
bullish sentiment, outsiders doing little
s., T, Hubbard to Reese,
New orleans--Rumors of a sharp droI
In ocean freight rates for the neal
future have done much to put the mar
ket higher. Rains In the west and fea
OF more rains to come have brought II
outside buying, shepard & Gluck
New York--Considering the cables ant
general advices the action of our mar
ket was certainly not inspiring to tn
bull side, The behavior Of the Englisl
markets today and tomorrow should e
far to demonstrate whether the turn |
, | permanent or merely due to covering Of
|
strike. Manchester Is reported activ
and the high price OF silver is grea
help to her business, Crop news con
tinues bad and indicates II small yiel
OF low grades,---Eallon
Augusta, Ga, wires; give thousan
bales were just sold out of this marke
to Bremen"
New orleans---Ennis, TEX, wires
/ Heavy general rains over Centrf
, Texas have caused severe losses
Z farmers and they also make i Difficult
to fill contracts promptly There is
big demand for spots with very littl
offering shepard 4 Gluck.
New Oreans--Foreign exchange
soft this morning. Sterling is about
cents off at $4.iSA francs are 6 off 4
SS.47, and marks are IL points down I
cents.
I Greenville, Tex, wires: "Weath,
cloudy and looks like more rain; big d.
mand spots, high basis"
J New Orleans. New York wires; "E'
timated 1000 to $4,000 longshoremen q
r. strike. Think this strike dope sent 0,
merely in an attempt to stop the NJ
u with cotton movement. ---Kofler.
New Orleans-Big advance in spo
!. likely today; rumored 400 bales Of GOO
= to strict good middling sold at S5.50c
q about 1850 up. Futures likely close hig
~ er owing strength Southern spots Ga
r weston wires Augusta Is not alone, "
sold month ago ii, 500 one block to Ge
n. man interests and yesterday 1000 o
d block similar parties. Beer to MeFa
Grain.
T. Hog receipts: Chicago, Is 1000 Omal
TX $500; Kansas City, 5000; Sioux Gil
s. $500; st. Joseph, 1900; st, Louis, 90
ID Chicago. Receipts; Wheat, 702 ,O(
D. corn, $4,000; oats, 566,000 Shipment
Wheat, $4,000; corn, $4,000 oats. Al
600
= st. Louis--Receipts Wheat, 1890
~ corn, $4,000; oats, $4,000 shipment
" Wheat. 100000; corn, $1,000; oats, O.
900.
Chicago, The government crop es
er mates In September were spring whe
20S, 900, 900, corn 2,S5S 900 900, oats /, 30
000, 600, Todays report is expected
at confirm September estimate on wht
o. and oats and to increase the yield
2, corn. --Babcock
Chicago, Jules Barnes, in an sddr,
~ at San Francisco, says agitation for 10
W. er wheat prices is a popular falla
SAYS guarantee OF S205 a bushel
81 American farmer Is considerably bell
world market pdice and Is no profitet
Ing in wheat or wheat products; 9th
countries have paid as high as s4.S9
bushel for wheat, present world pr
:, $2.46, good products 200 per cent high
~ In Great Britain, France and Italy tn
AZ in United States.--Clement Curtis d
sr' to MoFall.
IA Chicago. One Eastern house b,
"N buyer corn. Market showing tirmer I
ma dertone, although quiet, --Babcock
K Clark e. Co.
Forecast Grain Belt.--All states !
lin settled, probably showers tonight
Z. Thursday much colder Thursday
Northwest and In Nebraska,
.ys Chicago.--Reporting hogs slow
to yards; Very poor demand ,.i some q, !. =
w. weekly report guesses corn crop
ye 2,S57, 900, 900 to 1900, 900, 000.--Wild
'i Shepard g. Chuck.
W Chicago. ~-Country offerings Of O
fairly liberal. Offerings OF oats 1
ter larger Eastern demand very slov
Babcock.
l. Chicago. markets easy on
general Western hog slump OF Soc
81, talk OF larger corn receipts, ext
sive longshoremen strike at New Yc
10 slow cash demand and guesses Of
II near 1900 600, 900 there may be-
"a. further dip tomorrow. Otherwise
IA new crop months decline slowly
ng the revision is In old corn price,
ma Wild to s, & G,
on Chicago, Message from st. TX
or- says: weather ideal. receipts Of c
light. Smelling started in some sectiC
Of Outsiders are Indifferent.
shi Clearances: Wheat, 10000; CT
ma none; oats, 100000; flour, $4,000; VIII
hn and flour, 50s,0o
,rd Chicago Fort Wayne wires: q
Of new corn selling on local market
rue 81 per bushel.
ties washington United Sta
IcA, navy depar rnent announces that Ii