The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-02-20
ROUND TIE TICKER
Cotton.

Cotton.
New OrleaHs-Liverpooi has been a
buyer on this side thls morning. One
Cablegfam says: More business pend
Ing Manchester" Some brokers here
cain that the trade Is nov taking hold
Of contracts, finding present spot dis
counts between grades attractive
Shepard & Gluck.
New Orleans-Rains are shown in
the map practically from one end OF
the cotton region to the other. Com
ing on top of the previous rains Of the
week the SOIL in the western belt es-
peCially, is soaked.
New OrleRns.-The Ttmes-Picayune
SAYS; The export situation, though
still not what II should be, is steadily
improving. The American shipping
board promises more tonnage for
handling commerce and agents report
freer booking for March on foreign ton
mage at lower freight rates.-Shepard
& Giuck.
New York.-LiverpooI big buyer Of
March; not much for ssle.-Cleve TO
Cotter g. Turner.
New Orleans-The s~teadiness this
morning Is due to the wet weather In
the belt, The forecast calls for fair
and colder weather in the western half
Of the belt-Shepard g. Chuck.
New York.-Feature has been big
buying by Liverpool; cables say trade
interest good buyers in Liverpool mar
keti southern spot houses selling; good
deal realizing, but market seems to be
taking heart again.-Cleve to Cotter G.
Turner. y
New York,-Markee opened steady OIL
covering by yesterdays sellers and
heavy buying by Liverpool, following
strength of this market; some really
ing now evident, but tone very steady.
-Gwathmey to Foster.
New Orleans-Savannah and Mem
phis both revised spot quotations yes
terday, and in consequence the aver
ten designated spot markets Is t,026
points, as against the previous dis
count of 1,02l points. Low middling Is
off sol points. Norfolk is expected to
revise any day since good ordinary
there is only 500 points off. At Gal
weston good ordinary Is 905 points off,
and a revision Is expected there Also
Shepard & Gluck.
New York.-Not much business; trad
ers inclined to sell little, but acts very
steady.-Hubbard to Reese.
New York.-Very little outside SELL
ing, think market eventually do better.
Hubbard,
New Orleans-Augusta reports an i'm
proved trade demand. Shorts are the
more inclined TO cover because of the
double holidays at the end of this week,
Saturday being a holiday both here
and In New York.
New O~rleans.-A cablegram composed
Of all the private cables received here
from Liverpool this morning would say:
There liz more business pending in
Manchester and in consequence spin
ners are buying heavily, both spots and
futures, and have absorbed the floating
supply Of contracts 80 that the mar
ket now acts very short. There has
also been scattered continental buying"
Shepard & Gluck.
New Orleans.-Further realizing by
recent buyers occasioned by disappoint-
ment over continued apathetic spot de-
mand white: decline ought to be SUI
fielent for present; don't expect any
sustained recovery unless predicated on
improved demand spots.-Ellis g. Co,
Night Letter.
New York.-Liverpool large buyer;
understanding on ground too much adj
vance over night, not much outside
business; so much liquidation yesterday
think will improve from any reasonable
setback.-Hustace Hubbard to Reese.
New York-Hope deferred maketh the
heart sick. This applies to the hopes
that had been entertained about increas-
ing exports. They remain small, too
small to encourage taking the buying
side, with the passing Of days, OLD
crop proposition will lose It's impor-
lance and be replaced by the outlook
and discussion for the new planting and
this we Construe as bullish in its in
ADMINISTRATION to Shepard & Gluck.
New Orleans. - Strong Liverpool;
growing opinion in favor advance; bull
ish weather indicates higher markets,
Clark to Cotter g. Turner.
New York cotton opinions: williston
q Co,-The market has the appearance
Of a somewhat lower level and we sug-
gest buying on good setbacks. Hutton
a. Co.-There has been no change in the
cotton condition and trade demand Is
still very small. Until a better buying
will work lower. Jay g. Cove con-
tinue to favor the buying side, but ad-
wise purchases only on good setbacks,
| Carpenter e. Co.-There is nothing In
| sight to depress cotton prices and de-
clines such as seen yesterday should be
| taken advantage OF to buy cheap cotton.
Grain.
New York-Dow-Jones ticker says
wire houses report stock buying orders
coming In from all over the country
Hensley.
New York-washineton says United
States will get eight large German
steamers now at Hamburg, including
the lmperator.
Memphis receipts; Cora ., oats II
and hay ~ cars,
Hog receipts: Chicago II 900, Omaha
20. 900, Kansas City $1,000, Sioux City
81 slnoI rs '0o0'aG udesof rs '000'tl
900,
ChicaEo-Receipts; Wheat 100, 900
corn lis, 900, oats 1863 900. Shipments
Wheat 210,0 600, corn $4,000, oats 107, 900
st. Louis-Receipts; Wheat 5000
corn 2 6 5000, oats SIS, 900. Shipments
Wheat $4,000, corr $4,000, oats $4,000.
New York,-Big shorts in steel com
mon are nov convinced that they have
been wrong There is quite an increase
in outside buying this morning. Hens,
Icy,
Chicago.-Northwestern Miller's re
port said: Minneapolis flour output las
week decreased l9,tl6 barrels. Mill
made 107, ass barrels against ISL $50 II
1918, II there is any general improve
ment in the flour market Minneapolis
millers can not discern it. II mills ha,
to depend wholly on current order
they would not be operating rs heavtl,
as they arc, although this Is arount
only SIS per cent Of capacity.
Chicago Irregular market, but sal
bulKeS, accepting moderate pTolitS' yol
can buy corn on sharp breaks too 70
little turns,-king Farnum & Co. t
Reese.
New Iork.-Moyse and Holmes: TIL
only industry which stands out promi
nently MS having been able to max
It's reimbursement from war to peac
conditions with greater ranidity tina
all others Is the automobile industry
Investors are just beginning to realiz
: that the absorption Of the product {
the better grade Of companies is eve
more rapid than the output.
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