The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-12-02
Grain.

ard hay IS cars,
Hog receipts: Chicago "a, 900. Omaha
1000 Kansas city 10. 900. Sioux city
$500, st. Joseph 1000, St Louis $1,000
Chicago--ReCeipts Wheat 1853, 900,
corn 203 600, oats 22l 900. Shipments:
Wheat $4,000, corn 100000, oats goo 900
st. Louis-Receipts; Wheat $4,000.
corn $4,000, oats $4,000. Shipments
Wheat l2i,0 900, corn $4,000, oats $4,000.
Chicago--Local pressure on corn very
light. High wheat prices and talk Of
foreign needs n factor-Wild.
Chicago-Corn Products companys
Argo plant will close tonight Selling
pressure in corn at the opening was
mild oats firm in line with the mod
crate primary receints,-Wild to Shep-
ard & Chuck
Chcago--Grain market firm and high
er, mostly caused by light receipts,
Oats are showing much strength and
are gradually working higher, The buy
ing Is good in oats,-~Clement Curtis to
Neral.
Chicago---Traders are hullsh and see
only long side Of corn IA long as such
| sentiment prevails,-Obricn and MCFall
New York--A Washington dispatch to
the Journal OF Commerce says; The
| Edge bill may become a law within a
week and that numerous very large
| corporations. including cotton men, cat
| tie men and grain interests, are being
| organized to do business in their mar
| Ieta under 1t"
Forecast entire grain belt, generally
| fair tonight and tomorrow, cold wave
| in Illinois tonight slowly rising tenn
perature Wednesday.
| Chicaeo--Corn products people nrc
| now buying cash corn Market Ia called
| iarh hnt nd
| -Babcock.
| 200, 900 bushels Of oats sold for export
to Belgium yesterday. No demand to-
| day
| Chcago-Understan Bartlett Frazier
have confirmed az to a round million
| bushels oats taken for export yester
day Corn and oats strength Is on this
and small receipts Early shorts cover.
ing caused last bulge. Wild TO Shepard
& Chuck.
Chicago. Export sales Of oats arc
| now placed at ,J0OO 900 yesterday and
today, Late covering in corn and oats
on failure to create a break Demand
sterling has touched 39iR Wild.
Stocks,
New Rationing Of coal is now
officially a fact. The logical result will
be some disarrangement Of business
decreased production, discomfort for the
public at large and loss OF wages fol
many employees. The reserve bank II
its report on November business charges
| soaring prices are due to reckless buy
ing and explains why II was necessary
TO advance redlscount rate and that The
fixed policy Is now to bring on defIa
ton, but Is not meeting with much sue
cess in lines other than securities
Something may develop during the mex
few weeks in congress to inspire In
vestors with confidence. but unless sucl
developments should he accompanies
by n complete change In monetary con
ditons and in the banking attitude to
| ward the stock market then no impor
tant increase in public buying il to b
expected. Thompson & McKinnon t
Clark g. Co.
New York--Wc construe the presl
dents message as bulllsh W f. Hut
tor g. Co.
New York--The Evening Post say
speculation has not been confined t
, the security markets but has been gen
d eral In commodity markets, buildn
material markets and other commerce.
lines Many Of these spectators /
commodities are still long. Opinion pre-
walls in certain quarters that II ma
| not be long before there win be llquida
ton among the speculative holders {
merchandise not listed on exchanges
. Z, a. M. to Clark & Co
; New York--lt is announced frol
I | Washington that In his message tn
president says that he viii send n spc
2 cia message dealing only with the raj
s road situation. This is taken to be
recognition of the Importance Of tn
) matter and the message is eXpecte
:, very shortly as there Is no time to t
lost Slater to MCFaU
n New York -Today's renewal rat
" lowest for over n month testifies
liquidation we have had In securltlc
4 1t would be unwise because of this
" feel that the bun market interruptt
can be resumed at this time. If thel
were no other lettering factors, scarci1
> Of money alone would prevent resuml
ton of bull market, Because OF PR
10 vaillng gloom | think It Is fair TO a
=, sumo a good sized short interest HI
been created Technically the mark
could rally, II 1t comes take advantal
a Of it, Conditions do not justify hope
n sustained advance here-T, ]. Bro
y | nahan to Clark e. co.