The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-12-19
ROUND THE TICKER
Cotton

Ntw York wires Trading is mostly
lHoleSsionaI Liverpool spot interests
sold early. Buying has been scattered
New Orleans Tho market is doing
h'tltr on reports from West Texas that
PlHNrrS are abandoning the fields on
account Of bad weather This is the
only section Of the belt where there ia
GluCk
New Or'eans.-The Federation Of
hr'tish Master Spinners has recon-
miaeUded to its members, who employ
leo,oO0 hands, grant to the operatives
OF a bonus of from 6 to 50 per month
Inr the first quar- or OF he new Year
Inc explanation OF this action is that
mug" profits have been made, while the
operatives have been barred hy agrcl-
mont from asking for an advance in
wages until next March II is evident.
therefore, that British spinners have
been earning enormous profits not with
standing the high price Of raw colt IN
ana the new rate Il foreign exchange,
as the granting Of the bonus Win
amount to about SGS0O,000
New York wires: Errors in Edge bin
were corrected yesterday by both houses
and viii be signed by the president to-
DAY and Immediately so into effect
New Nork.-During the first hour of
market the South sold, Liverpool bought
May and sold July; spot houses bought
New Hork,--In the present state of in
ternatlonal finances quotations at I.iv-
erpool are not taken as a guide. Fluctu-
atoms in exchange has a decided bear
ing on values there, but the very sub
stantal supnly Of cotton In this coun-
Try. VIII be determined by al trade con-
dltlohs We seldom have two bun mar
kets on the some proposition Unless
we are going to be confronted by anoth-
er crop calamity next year, | feel con-
tldent that the trend win he downward
--Ettelson to Clark 4 co.
New Orleans.-Census ginncrs report
tomorrow morning returns will run
against 1921 600 one year ago and H.
$4,000 in 1917. About $3.50. 100 expect
ed. sentiment mixed Favor buying
particularly on dourcssions discounts
preferred Beer TO McFau
New York wires: I.ivcrmore buvers
March started advance. Beer to Nc
FAN
New Orleans-Afternoon press SAYS
high cost OF living smash NAV follow
the breaking up OF the meat trust
Most telling blow yet delivered ia termed
Palmer's latest move. Some believe
that nigh cotton goods prices viii be
next in line Of attack,-~Clark e Co
New Yorl-Very quiet market; seems
pretty well evened up pending holidays.
--Gwathmey to Foster,
New York-January cotton should
sell higher than December before II
gives out, and March even higher than
january; this Is the only logical conc'u-
sion that can he drawn from the situa-
ton as It stands Slater
New Orleans-Higher, owing to bet
ter oHhles than due. General rains in
terror heavy in Texas Texas spot adj
vices bulll9h. distinctly better, spot de-
mand healthier
New York Cardoza. Waters. Bart
lett, JAY HartCorn, Keiffer, Cone, New
man, buyers; McEnany, McKenna,
Schill, PARROT, Wilson, Brooks, Hub
bard, Finn, sellers.
New York; Waco Tex, wires west
ern Texas say crop there will never be
picked and transient plckers are making
for their homes for the holiday, and will
not return because they are discouraged
owing to continued cold rains Beer to
MoFall.
New Orlea"- Stock on shlpboard,
Galveston, Dee. l6, was llh,O0O, against
40 600 last year, at New Orleans. Dec
IS, was 1876, 0O0 against Ct, 600 last year;
further large exr1rts indicated near
future.--Beer to McFall
New Orleans-Tr Traders market with
some evening UP before holidays. but
unless weakness develops in SPOT no
nermanert decline likely, buying on
breaks likely continue best policy
White to Cotter & Turner,
An actual count Of the cotton In Mem
phs, made Thursday by Secretary Hot
ter. OF the Cotton exchange, showed the
stock to be 221 1873 bales. which was
1851 more than the running count. I'M
sold stock was made HAAS bales which
compared with 19OO0 for this date
year ago