The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-10-16
ROUND THE TICKER
Cotton.

New Orleans BAD weather, chance
cold wave and frosts coming on
Northwestern quarter next ~ hours
may cause rally IN market, but general
feeling Is that it will pause around S5
cents and liquidation increase on bulges,
-kofler.
New York-Only side expect continu-
Gus advance and all records broken
McElroy 70 Cotter & Turner,
New York-Spot houses sold hedges
freely on opening, making traders fear
further hedges coming; after the weeks
advance sentiment bullish but not ag-
gressive,-Hubbard to Reese,
New Orleans.-Weathcr developments
and spot news likely govern market In
immediate future. Looks like spot de-
through the month. Favor taking a
scalpers position for presently by hny-
ing on good dips, selling on sharp
bulges, Sentiment bullish but cautious,
traders waiting TO see II trade demand
viii continue.-Beer TO Neral,
New York Paris dispatch says
that Japan has informed the French
government Of the date when Shan
tung viii be returned TO China This
Is considered bulltsh on the cotton
market,
ANfN VI hs-AAlkGltI fANh nuN GONAOl
on breaks,
New York. -Poarsall says; There was
a good deal Of Southern selling this
morning, The opinion Is that the buy
Ing has heen of a good character,
New Orleans Exports large today
Galveston clearing 1854 bales and
savannah ll,7G0, This day last year
total exports We're 1876,
New Orleans.-Stesdy waiting mar
Ect, II could develop some good raj
lies on spot news, which Is stlll bullish
and to the effect that spot demand
continues active. high basis paid and
after hours, could he raised 4 cent or
more,-kofler to Clark a Co.
New Orleans.-A good hpot demand Ia
reported in this market and II is said
that a large business has been done
~ fun board quotations, which means
Is cents, or a. little better, for middling
Kitten, Tex, wires that cotton has
sold there on the basis Of 37ltc for
mtddltng, Texas kilograms continue to
complain Of damage by excessive rains
and an increasing number are talking
OF snrouting In the bolls,-Shepard a
Gluck,
New ork,-Renewal Of demand on
continuation OF cold wet weather south
west met by some Southern hedge SELL
ing and free realizing by recent buy.
ers; tone steady-Gwathmey to Foster.
New York,-Any further good reac-
ZION would buy as we expect higher
Gwathmey to Foster.
New Orleans Texas wires continued
bad weather particularly In west caus-
ing more critical conditions; see no rea-
son expect decline,-Weld & White TO
Cotter & Turner.
New Orleans 1t Is rumored that one
result OF the world cotton conference
y that foreign s%pinners, representing
their delegates here, are perfecting ar
rangements TO buy 5000, 900 bales of
cotton In this country.-S, a. q.
New Orleans While talk Of reaction
from the advance IL increasing, the
market gets constant support from the
weather In the belt and prospects Of
more bad weather to CONFESS. 4 O..
Waco, TeX.rWe have a norther here.
II is raining all over the state.
Neutrality-suspicious. passed n resolu-
tlon ordering department Of agriculture
10 make a new survey Of cotton crop
conditions by Nov. =.
New Nork,-Charlotte wires spot de.
mand much less urgent; many BUYERS
withdrawn; offerings freer.-ClevenburR
to Cotter a Turner.
New Orleans,-Reported slight sleet
at Ennis, Tex, shows that the cold law
ers are working further south, although
tne cold wave Is not of a form to push
right through the belt, West Texas.
Oklahoma, viii feel II most, while over
the rest Of the belt rainy cold weather
VIII be the result.-Kofler.
New York.-New England buyinr
freely since morning advance; local
traders selling for reaction Hubbard
to Reese.
Dallas, Tex, wires: Continuous rains
damaging enough; can not confirm
snow. Spinners' demand puts our Of
ferings higher basis.
o Worth, Tex,--Route along the
Denver road through Panhandle OF
Texas found good crop, but picking
greatly delayed by wet weather; also
grades will be lower when picking Is
resumed; dry weather needed, rain fell
here this evening and cloudy, threaten
lng, weather tonight, W. Ray to
Gibbons.
Ennis, Tex, wires: Light snow fall
ing; heavy rains throughout this terri
tory.
New York.--Good demand trade and
Wall street; south sold; cables bullish,
weather bad unusual spot demand CON
tfnues, particularly good grades: crop
advices bad, especially Txas; outside
slight congestion on bull side; high
prices likely with natural reactions.--
Newman Bros, to G~ustafson.
New York,-Neil's circular Oct. Is es-
Inmates crop II, zoo, 900, including lint
ers. Tattersalls circular Oct. Is saw
BUSINESS during the month greatly I'm
proved; %spinners, weavers fortified DO
sition; turnover larger than output ma
chinery; reports India not doing share
purchasing, indications India coming In,
prospects are very good China and nu-
merous other outlets; reduction working
hours, shortage Of operatives having Sc
rious effect on spinners doing very sat-
isfactodyi most counts demand exceed
supplyt--Weld to Gibbons.