The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-10-10
Grain.

Chicago-Obrien says: Packing inter
ests say the agitation that has caused
break In hogs and provisions will most
probably cause very higher prices again
next spring, Think January lard good
purchase.-Clement Curtis to McFal.
Portland, Ore. wires: julius Barnes
OF the United States grain corporation
speaking here last night said the crop
shrinkage has altered whole phase OF
wheat situation OF the world, price Is
fully equal to guaranteed price; to at
tempt to reduce price would stif1e pro-
duction which was never more necessary
than today in all commodities.
Chicsgo-Country offerings Of new
corn are q little more general. but ask
ing prices are 2 to 9 cents above the
bids.-Babcock to Clark & Co,
sChicago-Message from Omaha says
this cold, clear weather is Just what we
need for corn.
Chicaxo-Ticker says: Technical po-
as the big shorts have covered and mar.
ket is not in a position TO Withstand
n great selling pressure.-Wid.
Chlcago-R. l. Mansfield wires from
Springfield, H.: Farmers are apprehen-
sive that present prices OF grain and
hogs may not hold. They are talking
$l2 hogs. Find country trade generally
Dearlsh.- u co,
Grain Belt Forecast-Illinois: Rain
n much colder In south, fair and much
colder in north with heavy frost In north
and central portions tonight, Saturday
fair. Missouri; Fair and much colder
with frost tonight freezing tempera-
lures In west and central; Saturday, fair
and colder. Balance. Fair with kill
ing frost and freezing temperatures to-
night; Saturday, fair and warmer.
New York-Washlngton issuance OF
permits for exporting shipping through
port Of New York stopped by order to-
day from Director General Hines on ac-
count of strike OF longshoremen.
Memphis receipts: Corn 4. oats 4 and
hay II cars.
Hog receipts; Chicago $1,000, Omaha
1880, Kansas CITY 1900, Sioux City o.
600, st. Joseph 1000, st. Louis 5000,
Chicago-Receipts: Wheat 2S4. 900
corn $780, 900. oats 245. 900. shipments
Wheat LOG. 900. corn $4,000, oats al 900
st, Louis-Recelpts: Wheat ISL 900
corn 10000, a 5000. Shipments
Wheat l23, 900, corn IA, 000, oats 60, 900
Chicago-one Eastern house has beer
good seller December pats. Receiver,
report considerable increase in country
offerings of ats.-Babcock.
New York-Herbert Hoover, in a
speech here last night, said United
States has a food surplus OF 20 milllor
Constitution e. Co, to McFall.
Stocks.
New York.-The stock market is
awaiting the coming supreme court de-
cislon In regard to the taxable status
of stock dividends. A favorable de-
cislon Is likely TO be followed by i'm
portant developments which may Justify
the apparent extraordinary prices al
which some stocks are now selling -
Bache.
New York.-A continuance of the
market tactics Of the last few days
Is expected. Specialties are under poo
operations for higher prices. The rails
will be well taken on moderate re-
cessions. The short interest in the
metals is stili of substantial proportions
The bull trading position seems to offer
the best opportunity for profit, Rea-
sonable returns should not be refused
In view OF the tendency by speculative
pools to- rcalize,-Efnancial News,
New York.-One of the leading mem.
bers OF stock exchange speaking OF the
petroleum situation said that many in
dustrial corporations nave already de-
cided to change their fuel from Goa
to petroleum. Union Oil was regarded
with strong favor by a large number
OF important financial and trading In.
terests.
New York.--No news TO account fol
enormous trade In steel. 1t is enera
impression that there has been larg,
outstanding short interest. BelateC
ones apparently found offerings scare,
and came into competition with invest.
ment demand Bahcock 10 Clark g. Co