The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-10-28
COTTON MARKETS
Indicate Rush for AC-
4 tual on Other Side Con-
tinueS Urgent.
Tuesday afternoon, Oct IS.

Tuesday afternoon, Oct. rs.
Higher prices were recorded again in
be cotton market, and it was chiefly
reflection Of the sustained rush Oh
be part OF spinners for the actual.
liverpool was strong and finished at
liz gains, especially on the near
honths, which reflect the spot departs
kent. Private cables aplenty were re-
hived, telling of the big business mills
Re doing and the scramble for spots,
Ahich apparently is accumulated to
pine extent by labor troubles on THIS
ode which are expected to check the
low of raw material from our ports.
On this side the water there was
bore weather which was not favorable
md growing evidence of the scarcity
the kinds of cotton wanted, while
he holders r maintaining their pol
Ny of exacting every cent possible for
khst they have to sell Advices from
&tany sections of the belt continue to
Emphasize the effects Of the recent
Prolonged spell of bad weather, al
&1ough this has been In a large meas
Ire taken into account by The traders
The map this morning showed that a
lad wave was on the northwestern
Adge of the belt. with strong promise
freezing temperatures N the pan.
Handle of Texas, upper Oklahoma ana
Hossibly Northern Arkansas tonight.
lower down and eastward rains were
Promised, to be followed by colder, the
8uslook was a mixed one, for some con
lend that the cold weather Will stop
he rains and that frost Will DO less
harm than continued rains. The wealth
If was a factor, but apparently the big,
lest one was the evidence OF continued
lush for the actual.
Liverpool was due to be 6 to 5 points
o. but came much better than that
Ind as the session advanced Increased
he gains, especially on the near months
Finals were irregular and from loo &c
points net to the good. Spots Were
slarked up a points, middling OF z4,Soo
%hile sales were 10, 900 bales, Including
500 American. This advance in spots
Tor the two days has been rapid, buiI
lot more so than in the nearby posi-,
Hons. Imports for the day were 24,Oo'
BALES, including 20, 200 American. Man
hester is enjoying fine business ant
Today reported cloths and yarns in goo'
emand.
First prices in the domestic markets
we're firm and higher in response to tn
Aables and weather news. Decemne
8tarted at 36e, up SO points from tn
@revious close, dipped 10 points Y
s. 90c and then worked upward with
nut meeting much resistance. Their
vas nothing spectacular about the rise
n later in the day western operator
were credied with doing a big part Q
he buying, while some Of the Easter
Ind Southern traders were thought t
be against the rise. The bulge in tn
AFTERNOON was attributed TO an effor
10 discount the additional rise in spo
brices In the belt. December sold u
sas high as SO. 76c, which was 1903 point
Dver previous close for that positio
@Aand to within a short while OF the clos
little reaction vas noted.
In the spot department prices wer
generally higher, and everything OF tn
Kind of cotton wanted changed hand
when holders would accept offers. Sale
we're restricted only by the amount IL
sale.
Futures closed 105 to So points u
tone steady.
New Orleans closed 66 to So poin
higher, tone steady. Spots were mark
#up to so points, middling to 3Sc, al
SALES were 1853 bales.
Liverpool is due to come 13 to
points up.
In the local market quotations we
elevated another 100 points, middling
#39c, with sales reported 1850 bales.
Demand is about the same as 1t HI
been, with anything with staple or p'
wanted without much regard for pric