The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-02-04

New Observation-Disclosures cables:
"The board of cotton control has re-
moved all restrictions on cotton, begin
ming today, and mill owners Will now
be permitted to run their machinery as
they desire"
New York says: Fail prices on dress
goods have been reduced by mills from
30 to 60 per cent per yard.
New orleans.-Liverpool rather indif,
strike not completely settled. Would
take profits on long cotton today, as
think some downward reaction is in
order.-C. w. Shepard.
New Orleans.-The market is ad-
vancing on the continued rainy weather
In the belt and the removal of restric-
tons on English mills.-Shepard &
Gluck.
New York.--SteadyIon Liverpool buy
ing, traders expect further advance,
outside buying lacking.-Hubbard to
Reese.
New Orleans.-The market hesitates
In the absence Of any very broad spot
demand. Spot brokers say weather
are inclined to realize on all bulges.
Liverpool reports some continental buy
ing, and one cablegram says that Man
chester is becoming more active New
York kilograms complain of the lack
Of outside support.-Shepard & Gluck.
New York.-Locals, Orleans, Geer
selling; think South. Mitchell moderate
buy r.-Robertson & Co. to Hancock.
New Observation-Disclosures, Tex, wires:
Since my last wire to you of list instant,
we have had a 24-hour rain last week,
starting on Tuesday, and this week we
had rains on Monday and Tuesday, es-
pecially heavy at Corpus Christi and
that immediate vicinity. Around Vic
toria and to the coast we have had
rains three nights and a part of three
days, and It has been raining all this
morning is heavy driving rain from the
east, 1t is beginning to look like we are
In for a late planting season, being at
least 4 to five weeks late now, and no
farm work done at all, and 1t will be
four weeks before farmers can get in
the fields II we do not have any more
rains from o on, The bankers and
merchants in this section are assisting
kthe holder in not selling at these prices.
and the farmers themselves are pretty
well heeled for holding. There is much
talk of largely reducing the acreage
here, and should prices not advance
materially from this level 1t is goodbye
to the South Texas early movement
Shepard & Gluck.
New Orleans-New York says that
outside realizing is responsible for the
NNSiAAASr III HltSbdbc GldllIlS LAlhb blb
bulls been taking their profits, another
massage that the South Is selling
Shepard & Gluck,
New York-Break due commission
house and Southern selling: locals good
sellers on the rally; considerable profit
taking caught stop orders market not
Fvery broad,-Cleve.
New orleans-Renewed reports of
labor troubles among the mills are be-
ing used against the market. Heavy
selling resulted from the report of a
strike among 5000 hands at Columbus,
Ga.-Shepard & Gluck.
New Orleans-Reacted on bear pres
sure on expectation better weather;
looks oversold again; favor buying such
turns. Good spot inquiry.-Clark to Cot
ter n Turner.
New York-Reacted on bear attack
when profit-taking appeared.-McElroy
New York - Hutton and Uptown
buying. Ell Springs brokers also buyers.
Wall street crowd now bullish.-Cleve to
Cotter & Turner.
New York-Market fell because South
sold enough on advance to supply
shorts; merchants here from country
only buying In small quantities, 80 mills
are not receiving orders for goods; adj
vance now of 3 cents equivalent 8 cents
last seasons. T. Hubbard to Reese.
New York-Weld says yes, would buy
now; jerks says would sell 1t on every
b~ulge.-Cleve.
New Orleans-There Is more spot In.
quiry, In view of which expect steadieI
market-Ellis & Co, to Reese.
New Orleans-Continued bad weather
further firmness market likely. pnrticu
larry d~istants; there will be reactions
but dispositions and tendency changed
to purchase reactions,-Clark TO Cottel
& Turner.