The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-11-04
ROUND THE TICKER


Ginning IN shelby county To oct Is
was 5.6Vl bales, compared with 22jl3
To even date iu 1918
New Orleans spots. New orleans.
reported firm, probably shade higher TO
buy owing further advance In futures.
Some inquiry but not mitch doing as
yet Think near top for tho present;
favvr realizing ON long contracts. Gin
ulngS last period oct. is 10 Nov. /,
likely be larger than last wears s6S 900,
In 1917 was l.6I2 0O0 and ,32l .OOO In
lSl6.-Beer 70 Mcf3l.
New urleans-Advan, ing on prospects
OF freezing in western belt together
With strong spot markets; expect steady
market-Weld & White to Cotter &
Turner
New orleans Prospects Of freezing
weather in oklahoma tonight and much
colder weather over the belt general
" put the contract market TO the high
est levels on record on the opening
treezinE would be disastrous because
that state recently has complained that
bols are soggy from too much rain.
\ wet freeze would leave nothing be-
hind but bollies-Shepard & Gluck,
New Orleans-Reali4ing readily alb
sorbed by fresh demand encouraged by
hopeful outlook settlement strike and
prospect frost toniSht.--Ehis 4 Go,
Liverpool cables: "Sosne hedge sell
ING and long liquidation, less snap"
Savannah wires: IAN railroads en-
tertng savannah are enlarged on cot.
ton. Future bookings for Havre and
Hamburg are enormous,
Greensboro, Ala, wires: No chance
to buy spots here under 40 cents
New Orleans allying on the Off
all NuHaaa h. Na.a
or freezing for northwestern quarter OF
the belt also sudden strength In near
positions at Liverpool CLARK a Co.
New Orleans-The market is exceed :
lngly strong on good character OF
buying and small offerings London ca
bles quote silver at an advance OF a
whole penny. making the price e7 cents
per ounce, the highest price ever
touched This should make for firm.
ness in the Manchester and Liverpool
markets, Liverpool announces a plus
correction in its stock OF &c 900 bales,
$4,000 Of which are American, Shepard
e. Gluok,
Liverpool cables. "Quieter owing TO
closing New York market Some hedge
selling, long liquidation, Less snap 10
the market"
New Orleans-Liverpool reports plus
correction in stock there of &c, 600 bales.
Of which $1,000 American; other kinds,
10000, Liverpool stock today, American
5000 Vs, $4,000 on oct 81. Other
kinds, 206, 900 VS. 1876, 900 Beer to Ne.
Fail.
New Orleans--While bullish views and
sentiment still prevail and buying on
weather and spots still causes advance,
technical conditions are steadily get
ting worse and the market is poorly
prepared for any reverse II II comes
The strong rise IN cotton while mos.
OF the crop was yet unpicked has pre-
vented hedge selling against crop and
therefore the current buying Is mostly
Of speculative nature az there are no
hedges. to buy in against spot sales
The tilt to such a technical situation
usually Gomez from some development
on the outside a. surprise making a
scalptng attitude with realizing on
bulges advisable, ---Kofler.
New OrleRns-With present continued
spot strength and persistent demand
any material decline appears unlikely
Market has now reached level whers
WIDE fluctuations and erratic price
changes are inevitable, however the
trend is upward and beyond reactions
induced by technical reasons expect
higher must be had az Season pro.
gresses,-rLivan Newburger g. Co. Il
| Foster.