The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-12-05

'@N VI
estimate is much larger than generally
expected by at least 500, 900 bales, and
will likely influence further liquidation
and probably a lower market empora-
rily.-Beer to McFall.
New Orleans.-National Ginners' fig
ures reflect possible yield II. 100, 90, but
believe market will quickly respond to
any favorable political or labor develop
ments; our preference remains for buy
ing on all good breaks when had.-Syl-
van Newburger to Foster.
New Orleans.--Increased selling prob
ably the reflection of changing views
on the basis of larger crop ideas. As
airy tendency could become more pro-
nounced in the markets.-Kofler to
Clark & Co,
Grain.
New Orleans has on ~shipboard 81, 722
bales Of cotton and Galveston has 139,-
5oOi this means big exports in a few
Days. & G.
New lOrleans.-The Pacific coast
clears 1868 bales of cotton for export
and New Orleans clears 10. 900, a total
OF 25,663 bales thus far against total
exports this day last year of 2l,S72.-
S, e. G.
New, Orleans,-Believe there is a
large hedge, straddle short interest in
N BN1lhlpilS dllu IlltN are
also at so much lower level that they
deserve preference In the buying. On
any adjustment which is bound to come
IN time these discount positions are
likely to develop the greater advance
Clark & Co.
Liverpool cables: Large stock Of
better grade cotton in Bremen offered
ior resale at Liverpool owing to depre-
cation German marks. ThiS would be
liable to cause easiness at liverpool
Members of Little Rock Exchange es-
innate crop at 10, 695, 900 bales.
New York,-Ginners reports of today
causing a number in the trade to look
for larger government crop estimate
than expected several weeks ago.
Selling Is general, support light, Jung
to Mctall.
Chicago.-Our reports on winter
whoat show a loss OF 10, 300, 900 acres
or FL per cent, total acreage Is s3S, $780,
600. The average condition is $50 com
pared with 9S,6 last December and 10
year average of 1916, Condition is poor
In the Northwest, Southwest, South
east and mld-central sections, A large
area Of the central region Is infested
with hessian fly, comprising Southern
Michigan, Western Ohio, all Of Indiana
and Illinois n extended into Ken
lucky and Tennessee. Some sections
report entire fields destroyed.-Clement
Curtis to McFall,
Chicago-Important wheat states re-
port wheat plant deteriorated and In
some sections show prospect less favor
able compared with last year, Kansas
has spotted wheat stand with late
seeding and lack Of moisture. Growth
Is a and too much ain In scattered
sections. Oklahoma promises spotted,
Texas prospects, especially Panhandle,
district, good. Hessian fly report
! numerous from parts of Kentucky, Ten
nessee, Southern n Central Indiana
and Southern Illinois. Snow covering
inadequate movement retarded by coal
and car scarcity.-Modern Miller.
Memphis receipts: Corn 4, oats 6 and
hay IS cars,
Hog receipts: Chicago $4,000, Omaha
5000, Kansas City 1000, Sioux City
5000, st. Joseph $500, ST. Louis II, 900,
Chicago-Receipts: Wheat IS, 900, corn
III, 900, oats 143, 900. Shipments: Wheat
70, 900. corn 81, 900, oats 1875, 900.
st. Louis--Receipts; Wheat Sd, 600,
corn SO, 900, oats Sc 5000. Shipments.
Wheat s 900, corn 80, 900, oats 5000,
Chicago Increasing curtai'ment of all
Industries because of the coal question:
Is certainly not conductive to conf
denee on part Of investing public. This
Is not nee essarily a bearish Item in the
| NDTH IldI met lpI Nv IChbOI tldl llitI
is no broad interest in the market. IT
Is, however, a reason for expecting that
no new demand will appear. We do not
expect the market to show any def
mite trend unless p~urchance the move
ment from the country Is larger than
has been expected. & M, to Clark
e. Co.
Chicago.-O'Brien says; Premiums
are fast disappearing on corn. No, 4
corn Is deliverable on December con-
tracts. There will be plenty Of this
grade in store for January delivery,
Chicago.-This corn getting ready to
crack wide open.-Hood to McFall.
ChicaRo.-Northwest houses moderate
sellers of oats. There Is also selling
by one commission house which looks
like liquidation OF long oats,-BabcoclS
TO Clark & Co.
Chicago.-Graln men are disposed to
take the effect Of the coal strike and
shutting down OF the industries both
ways. A great many see much that Is
bearish in the shutting down Of the
Industries. A break In cash price should
reduce premiums ever December an
action Of the latter In closing Nc lower
reflected this sentiment, as May fin
ished one cent higher. Tribune.
Chicago.-Corn lower on cleaning up
Of shorts lately. Look like easier casl
prices, All states unsettled tonight and
Saturday. colder in north and west asst
urday.-Wagner & Co.
Chicago.-While country offerings OF
corn are increasing, the car situation
viii probably prevent anything Of rush
OF grain to terminal markets; at the
same time the demand for the grain
arriving is likely to he rather slow and
prices easy.-Wagner to S. & @.
Stocks.
New York-There is increasing evil
dence of daily buying Of railroads for
well informed interests. Short owe
ing continues in the industrial list,-Fi-
nancial News.
New York-Judge c, B. ANTS, as
sistant attorney general today stated
that reports reaching the department OF
justice indicates that the strike OF soft
coal miners is gradually breaking, he
said about so per cent Of the miners arc
at work and officials believe production
Of coal will increase.
New York-Dow-Jones says: Huge
offerings of commercial bills caused a
break in sterling during the early trad
ing to 3.S6A on demand, a new low rec;
ord. Franc checks made new low al
1923, off 4 centimes. Lire checks de-
clined s centimes to 1872. There was
also pressure on marks which declined
to 2.20.
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