The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-01-16
ROUND TIE TICKER
Cotton.

dttiOns VIII further Tetard preparations
for the new crop.-Shcpard a Gluck.
New Enthusiastically rainy wealth,
er is predicted for the eastern halt OF
the cotton region. The stock OF cotton
on shipboard in the port is Increasing
again and now amounts to Sc 1886 bales,
against 47,S01 a year ago.-Shepard d
GluCk.
New ~York-Big mill demand at open
ing; short interest fighting hard, but
cant win.-McElroy to Cotter 4 Tur-
ner.
New York-Expect some belated
liquidation and more local selling,
which will probably carry us off, am
still bearish long run. but unless South
gives way we will get congested again
on short side; would not sell now
Hubbard to Reese before opening.
New Orleans-More opinion in favor
support rallies, discount positions May,
July, october considered near ultimate
views Of depression; indications bullish
mill takings tomorrow and bad weather
helping f~actor.-Clark to Cotter a. Tur-
ner.
New York-Hear there is better eX-
port demand and exchange broker says
indications point larger movement eN-
port next six weeks.-HustaCe Hubbard
to Reese,
New Orleans-Shorts want their
profits and the demand from them is
causing the rise. but the undertonc Of
the market is not good and it acts as
If it will quickly respond to any new
selling.-Shepard & Chuck.
New York-Less liquidation evident
and market improved on trade buying
and short covering TO Fos-
ter.
New York-Quiet opening, traders
generally expect rally, but so far little
support in sight,--Hubbard to Reese.
New York-Most bearish feature OF
generally bearish situation is holding
of cotton In South when European
chaos and deflation readtustment here,
seriously affecting demand when we are
approaching new season. Washington
advising unemployment becoming seri-
GUS; export situation disappointing; af-
ter severe decline market healthier, but
should be sold substantial advances
Newman Bros. & Worms to Wells &
| Gustafson,
New Orleans-Galveston clears, 7,435
bales of cotton, for England today
Total exports from an ports t1its day
just In from Galveston says that there
are 1900 bales Of cotton on shipboard
there today, which means large clear
ances soon.-Shepard Il Gluck,
Galveston wires; Spots are firm and
with any demand the market will i'm
prove rapidly"
New Orleans - Liverpool cables
There Is more demand for spots, but
not much doing" A local spot man just
Everywhere saw cotton bales in the
mud" Weather damage in Texas
threatened to cut the crop materially.
Cotton picked from damaged bales IN
New Orleans is bringing only 10 cents
a pounds ,-Shepard & Chuck.
New York--Been wrong for two years
and going to stay wrong Sell on all
good bulges.-Jim Riordan to Cotter a.
Turner.
New York-Pearsalls says: The
French commission continued to trans
fer short hedges from March to May,
The talk is that II still haS a great
deal Of selling to do, If the market
shows steadiness for two or three
days" said a local spot man, the trade
would buy with more confidence
New York-Hard market to trade in:
almost nothing for sale at times and
next minute you can't give 1t away
Cleve.
New York-Liverpool and spot people
been good buyers; Mitchell buying
some; Wall street and Southern sell
ing on advance, but tone improved
liquidation must be pretty well com
pleted on yesterdays slump,-Cleve tC
Cotter d Turner.
New Orleans--It is said that a Liver
pool rate on cotton out Of New Orleans
Of $3.50 per hundred pounds may be
had this morning, for February sailing.
This is Webb compressed. Such a price
represents a drop Of rs cents a hundred
from The last quotation.-Shepard q
Gluck.
Grain.
Hog receipts: Chicago. $4,000; Omaha,
| $500: Kansas City, 10. 800; Sioux City,
1000; st. Joseph, 1900; st. Louis,
IL, 500.
Chicago-Receipts Wheat, 1923, 900
corn, 1886, 900; oats, 1876. 900. Shipments:
Wheat, 100, 900; corn. 1876, 900; oats, 248,
900.
st. Louis-Receipts: Wheat, 5000,
corn, 1877, 900; oats, $4,000. shipments;
Wheat, 1000: corn, &c, 900; oats. 86. 600,
New York-Morse, of Clark, Childs
g. Co, says: While there is little to
base belief In any great speculative
activity in the nea future, there may
be satisfaction in knowing that the
proper people are moving to control in
a sane way the flotation Of the next
government loan and the re-establish-
ment Of foreign exchange market.
Chicago-Plans are being perfected
for a reopening of the wheat market
when the new crop Is ready in the
summer A meeting of the elevator in
terests throughout the country, inClud
ing the food administration, exporters,
officials of the National Grain Dealers
association, Council Of Grain Exchanges
and millers TO consider with a con
gressional committee various nropOsi-
tions and to devise working methods
was held in Washington Yesterday. The
advisory committee Of the grain cor
poration OF the same question was
heed in New York last week.-Tribune.
Chica go-Argentine conditions I'M
proved, but loading at ports impeded
by labor troubles. Reported several
steamers have been ordered away from
Buenos Aires in ballast.-Wagner.
Chlcago-Eastern demand for oats
rather light. but receipts small and
country is not selling to arrive or CON
signing to any extent. Son complaints
Of car shortage from Central Illinois.
Some elevator men think farmers will
be anxious sellers II further corn break.
Shorts buying corn.-Wagner & Co.
New York-The rise in Liberty I'd is
caused by the proposal of Secretary
Glass to Chairman kitchin to extend
the convert. bility Of the first 3l2S and
second 4s.-%Josephthal.
Chicago-Corn market affected by the
slight renewal of military anxiety
abroad, steadIness Of cash corn, reports
OF some car shortage and chance OF
slow Argentine corn exports. The ny
cen problem Ia puzzling and locals are
less confident as to an immediate IAN.
collation. Feb. /. In past eight weeks
Argentina has exported around 5000 .0J0
corn, News on farm selling is mixed
New York says the East Is over
stocked with flour. Long distance
sentiment is bearish, A pit report of
81. so being paid by feeders in Oklahoma
helped to create the high point today.
Wagner & Co,
Dad NJaxxyr Co,r,S%o. rYy.-