The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-10-31
ROUND THE TICKER
nnkkaa
RVltuWs

Cotton.
New York-Sending out rumors of
strike ahating caused rally, but no Off |
cial news to this effecL-Clark.
Chieago-Heayy rains in Southwest
caused wheat to Spruut In the stack in
scattered sections. There is a lack Of
storage room as well as cars for move
ment and much wheat has been piled
IN the ground In winter wheat belt.
None o. This grain win be a loss, but
the quality viii suffer, Kansas, Mis-
souri, and sections Of Illinois and Ohio
report considerable wheat still in the
stack, owing TO a scarcity OF threshing
crews. Flowing and seeding continues
In Southwest where fields are not too
muddy, and blowing continues In North
west where possible. Wheat threshing
done In Western Canada Is estimated
al ~ 10 80 per cent-Modern Miller,
New orleans-Market rallied from the
bureau, slump on buying Of the dis
count and some rumors strike abate-
ment Washington says executive or
der fixing maximum prices for bitum-
nous ooal was signed today by Presi-
dent Wilsou.-Clark,
New Orleans-Spet INQUIRY somewhat
lessened Clark,
New Orlea ns-The condition report Is
a keen disappointment 10 the bulls, for
while Il is the lowest condition figures
on record. Il Is higher than expected,
showing deterioration Of only 81 points
for the month, whereas all private re-
ports show twice that loss at the least.
Shepard & GluGk,
New York wires: General opinion Is
too bullish for more than a temporary
decline, regardless OF coal strike,
Gwathmey brokers who have been
heavy sellers, 10Y biggest buyers
March and May talent inclined think
Japs responsible,-Beer.
New orleans-Spots reported steady,
about unchanged, little business since
Beer TO McFall,
New York-We are inclined to sX-
poet higher prices, Norden s Co: We
think purchases made conserVRtively
on reasonable declines would realize
favorable.
New York-Llverpool is hardly az
good as might have been expected this
morning, There Is no reason for weak,
ness in the market unless the result OF
profit-taking which should be only OF
momentary Influence, 1t Is possible that
labor difficulties may upset some mar
ket calculations, but looking at the fu-
ture rather than the immediate present,
! can see a considerable period Of very
high prices and believe that on all re-
| ACTIONS cotton Elpulu ne pOuknl.-
Thomson " MoKinnon to Clark,
Clarksdale, Miss wires Jake Fink
sold 244 bales OF cotton, basis mtddllnM
77ho; bales average Nover 600 pounds
this morning,
New York--Expeet collapse Of mine
strike; no railway strike probable
bears last weapon gone.--N. l.. Car
penter a Co. to Cotter n Turner,
New York Journal OF Commerce says:
4S.l against SOS last month; So per
cent picked against 81 last year.
New o~rlehus-An enormous amount
Of transferring, switching and straddle
trading Between the near and the as
tant months IL being done and at the
moment December stands under yes.
terday's close while May Is half a cent
over. Bulls are wiring their friends TO
buy the discounts on the late positions,
Sheppard & Gluck.
New York wires; Shorts In the near
positions seem largely covered and
longs are transferring to the distant
months,
New Orleans Mangum, Okla, wires;
The weather la fafr here and very little
damage has been done to cotton,~-shep'
ard & Gluck.
New Or~leans-Bureau Il good deal
higher than expected, liable increase
selling movement on the strike situa-
tion.-Clark.
New Orleans-Gwathmey wires from
New York: There mas been q renewal OF
heavy trade buying and short covering
in the late months on u~nfavonble
weather and very bulllsh spot adyicee
from all Southern points. The market
acts higher, Shepard a Gluek.
Grain.
ChieaEo.-With a deprecated dollar
cannot wee the logic OF making the
farmer stand the hrunt OF everything
and believe gradually we must he'
higher prices In grain. Would buy here
and on reaotlons.-Clement to Neral.
Chicago.-The impending strike o
coal miners may affect sentiment IN
corn, but inasmuch as the market IL
not s~peeulatively inflated we doubt u
there viii be any price decline. There
IL very little outside interest n local
operators are hesitating. As n conse-
quence the advance in the December
delivery TO the level OF the cash market
will be slow and orderly,-Thompsor
and McKinnon to Clark g. Co.
Chieago,--There Is only one side te
corn; 1t Is gradually hardening. Senti'
ment is turning TO the buying side,
Would only buy when weak,-obrien te
Mclrall.
Chicago.-Loean ana Bryan are buy.
ing December and selling May corn
Munsen to McFall.
Forecast.-Illlnols. Wisconsin, Iowa
North Dakota: Cloudy tonight and Sat,
urday, colder In Illinois tonight and
Saturday, Rising temperatures else
where Saturday.
Missouri. Cloudy tonight, Saturday
fair with rising Temperatures.
{, Minnesota, Nebraska, South Dakota
and Kansas; Fair tonight and Satur-
day; warmer.
Memphis receipts; Corn 9. oats IL
and hay 20 cars.
Hog receipts; Chicago $4,000, Omaha
1000. Kansas City 500, Soulx city 5000
st. Joseph 1900. 81. Louis 1000,
Chicago-Receipts; Wheat 10000
corn 14p, 900, oats 140,0 00, Shipments
Wheat 1000, corn ia, 900, oats 1850 OO
st, Louis-Receipts; Wheat 119, 900,
corn $4,000, oats liz, 600. Shipments,
! Wheat 90, 900, corn 2l,00O, oats 5000.
now JONEg SUMMARY