The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-01-07
ROUND TIE TICKER
Cotton.

New luTk-The nrCgipltate decline OF
8 cents has created "a beurish sentl-
mont and with % "a not iUcOusldcrab.e
short interest. The South shows no
weakness ON the spots as yet, ana on
their action much wlI experimentation
To shepard q GiucN.
New Orlaans-The weather map Is
cold. some little rain is reported Ia
the western belt. but the eastern belt
is dry. The outlook is for colder wealth
or, as another cold wave has appeared
in the Northwest and is headed across
he country.
New Orleans-The market acts sold
out and Oversee d and is rising on its
own strength.-Shepard & Gluck.
Reese-Liverpool cables spot basis
here again brUken.-I4ubbard.
New York-Looks to me as though
some recovery would take place before
holiday. though market not broad
Hustace Hubbard to Reese.
New Orieans-A report is being cir
culatcd here that American and Brit
ish shipping interests will shortly have
"A conference at Washington for the
purpose Of stabiliZing ocean freight
rates for "A period Of from three to
six months. This would be a develop
ment Of the highest importance.-Shep-
ard & GIuCk.
New Orleans-Looks like strength
spots again making itself felt,-Fenner
to GustafsOn.
New York-Wall street and local
bears have started to cover, market
acts sold out entirely. Liverpool good
buyer II ly-Cleve.
New York-Tradc think after yes
terday's liquidation that high sharp
rally Is due, especially as holiday to-
morrOw.-Hubbard to Reese,
, V-tr - -
Gwathmey brokers good buyers, New
orleans sold market acts heavily
short-Clcye. to Cotter & Turner.
New Orlcans-Bettcr tone market
big people New York advise favorable
to turn or bullish technical conditions.
Clark to Cotter & Turner.
New York-Liverpool weakness due
to rcadjIstment in expectation of low
err freight rates followed by relative
strength, this market, with Liverpool
and recent short sellers, good buyers;
tone very steady ann not much fol-
sale-Gwathmey to Foster.
New Orleans-Holiday and census re-
port Thursday causing suspense, Sup
port bears controlling temporarily; may
be lower. but technical conditions bull
ish, Prefer buying scale down, Covering
rallies or permanent turn near.-Clark
to Cottcr 4 Turner.
Grain.
Memphis receipts: Corn 4, oats 6 and
hay + cars.
Hog receipts: Chicago, $4,000; Omaha
$4,000; Kansas City, 20, 900; Sioux City,
$4,000; st, Joseph, $4,000; st. Louis,
5000.
Chicago-Receipts; Wheat 1913, 900;
corn, 1925, 600, oats, 266, 900. shipments,
What Az O0Ur fnTn 80 nOO oats llO.
,, 600.
st. Lonis-R Receipts: Wheat, $4,000;
| corn, sc. 900, oats, &C, 600. Shipments;
wheat, 10000; corn, 5000; oats, s 6 5000.
Chicago-Baldwin, of Decatur, ILL.,,
wires: "'This cold weather following a
protraCted rainy spell puts our dirt
wagon roads in very bad condition
When IL farmer starts over them with
a loan of corn its like a soldier gaing
over the top among shell holes. Lots
of sickness in the farming COmmuni-
ties makes men timid about exposing
themselves to the cold weather Of late
This means less corn hauled to market
than most expected Wagner & Co.
New Nork-There is little in the
news this morning TO inspire strenu-
Gus market operations. 1t Is probable
that leading professionals will array
themselves on the bear sid because
of ~unfavorable outlook for the Stee
and copper industries, The feeling Is
growing again that treasury authorities
will no permit credit expansions sui
fiCtently large to admit of "A big bul
market, The outlook seems to be fol
Il narrowing down of the trading. -
Hensley,
New York Dow Jones reports Stude.
baker government business Cancelled
including, chassis order for Great Brit,
ain. Studebaker will sOon receive from