The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-01-06
ROUND TIE TICKER
Cotton.

New Orleans-Greenville, Tex, wires
Very little cotton being sold on the de-
cline. Basis still high, better inquiry 70,
Gay than for a week, especially so WIN
low grades. Farmers been unable TO 90
any blowing and won't before at least
thTee weeks, as ground too wet; farm
ers say planting will surely be late this
year.-Shepard & Clark.
New Orleans-Offerings were surpris-
ingly heavy In first call. Bears eVi-
IDENTITY are trying TO carry the reaction
further. There is nc news to account
for the selling.-Shepard & Gluck,
New York-Liverpooi cables trade re-
selling activity, unable make tenders
emergency contract, causing heavy re-
9uction spots; no demand.-Huboard 10
Reese.
New York-Weld advises buying now;
trade been good buyer here today
Clevenburg to Cotter & Turner.
New York.-Liverpool keeps on SELL
ing here.-Hubbard.
New Orleans.-Pfesent tendency n
efforts bearish and may cause tempo
raTily lower, but underlying opinion
publish, intention apparently to Improve
buying basis: favor conservative buy
ing policy scale down.-Clark to COtter
e. TURNER.
New York.-Atter the call further
liquidation of recent purchases in eyl-
denCe; traders not so contident.-Huo-
bard to Reese.
New YoEk.-Some large local traders
uneasy over the Observation-Disclosures.
New York.-The South and Liverpool
continue to sell and the very heavy
discounts are unquestionably indexes
Of the worlds belief in lower prices.
The whole European situation, political,
commercial and financial is anything
but encouraging to higher prices, We
continue to look for lower prices.-Fal-
lon to Shepard e. Gluck.
New York.-Readjustment mills to ci-
william trade and fear European radical
ism behind recent short selling .--McEl-
roy to Cotter e. Turner.
New York.-Jenks favors purchases
on breaks; good many stop orders
caught on this last decline; selling
professio ,-Clevenburg TO Cotter.
Montgomery-Offering are absorbed
readily for export account. Domestic
business for Eastern and Southern mills
has been on a decreased scale. The
demand from American %sptnners will be
gauged by the demand for goods and
the supply of labor at the mills. While
il is rather early to prOgnosticate any
thing with any accuracy, as to the
| prospective planting, as far as the area
or the fertilization Is concerned, yet we
may mention that thus far, possibly owr
ing to bad weather conditions, very
ing, etc, has been done, Meantime,
however. the return of farm hands from
the army will augment labor in the
cotton states to a considerable extent
The financial condition of the aErioul-
tural districts Of the South is better
I - -. IA - 49,. a.. AlA InaN NAnTN M
Cades. Cotton at its present prices
might be called comparatively high
but to the farmer even at this price
it has not brought any better results
than other agricultural products,-Wei
Brothers,
New Decentralization wires droI
in ocean freight rates OF so cents in,
Guiding ship ports as Liverpool ant
Antwerp.-S. Il G.
New York.-Liverpooi has lost 20 to ~
since opening and seems in a collapse
The South will be obliged to yield y
their holding attitude and every tresf
decline only emphasizes the hopeless
hess OF the situation. Lower price,
seem inevitable. -Fallon to 5. u e.
New Orleans.-The ceath< is an
nouneed of J. H. Hicks, ~Talladega, Ala
one of the most noted figures in thu
market.-Shepard h Chuck.
New York,-McGee says they are al
long and that market will close a cen
lower; liquidation been free and Liver
pool been selling; big bulls seem to b
letting market take care OF ITSELF
Cleve to Cotter & Turner,
New York.-Belated liquidation an
local selling in temporary absence an!
material demand cause weakness wit
spot markets refusing to meet declin
we expect eventually much higher mar
ket.-Gwathmey & Co. to Foster.