The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-12-16
ROUND THE TICKER
Cotton.

4 Si4 and fear Japan squeezing January. |
II January will likely advance TO level OF |
lniddlng spots before option expires |
4 November and December did the trick |
N and January expected 10 perform in |
same manner This is why we favor |
Z buying discounts as shorts in distant |
4 deliveries are likely to Hquidate at any !
4 iime.--Beer to McFal.
II New York.-No particular news; |
bankers say underlying conditions ei- |
ieeting exchange practically unchahgeu,
decrease winter wheat acreage may
point to increased cotton, market COM |
ID ment bearsh TO nonCommitta!.--CleVe |
F. 10 Cotter g. Turner.
II New Orleans Galveston clears to- |
Il day 1896 bales Of cotton coastwise, |
either for New York or New England |
Il POINTS,. & G.
Il New Orleans Better feeling in for |
eign exchange, but no definite swing |
vel. Sentiment more bullish as ad- |
vance progresses, n aking weaker tech |
Z meal position White to G. & 4,
New Oreans-Bankers tips are thai
there Is likely 20 be steady improve |
4 ment in sterling exchange. This in turn |
Z is likely TO lead TO larger spot demand |
and could cause a bullish turn In the
market Ths distant positions are too
i low and offer the best buying chance. |
1 Clark Co.
/ New York-McFadden good buyer
\ Juty; Neld SOFA OCTOBER l'lNefpooi
/ continues to buy
Il New Orleans Persistent ruu1ors
4 large quantity Of cotton will be de-
manded or January contracts by sew
i Srai firms IN this market, october and
December went to premium on mid
i dnng spots January hkely do likewise
eventually; strength Of December in
! fluenced some covering by January
shorts yesterday afternoon Resulting IN
E sharp advances near close Labor and
nshles ,o,',or,ia H., ip,
,,rs,,'s,,,st II, ,ai, 'S
ions remain divided hui longs have
best OF technical features OF situation
\ Beer 10 McFal
Nov, yort Tho to,,,,. o,,o.ts - 60,
ton which had A bulHsh influence on
the American cotton markets yesterday, |
naturally, had the opposite effect on
Liverpool-Slater to McFall
New. York The market Is evidently
oversold; however, It is no time to bull
the cotton market; professionals catch
shorts and run them In. The very fact
lhat discounts prevail indicate an un-
nsAltly market ana tar IRON one that
shoulo oe bonght'--Poole to McFaH.
New oriehns,-New York kilograms
ssy mat Liverpool has been selling
MAJ s snn o my Snly n mat market,
,ottnn nCtahoti 20 %, '.aueIS ait asalhat
hnver ~ Mn, 60 hr Wv "a tlpuci ~
,nasi 49, ~ AZ" nnItnilll'hey WEES that
a. "' swung lor Ieacuoh'
-
new orieans-lmproved foreign ex
beIiHf bettccrh s ,r sn' a dp encouraging
sellers firm' continue favor purchases
NJ setpacks'-NeWburger Co TO Fos-
ter
new orleans, spots reported quiet
/ higher ~ Inv o'%ply Ny, S vt ~ points
nhsn,r " I'm ohs' view YORK Cotton ex,
SSns1 WIN DE closed on Christmas and
NsW rear Gays only.-Beer to McFan.
New York.--Wcld buying December
strength nears causing furry short
covering, Houston reports better spot
uemahd'--CleVe to {, n T,
New fork.--livermor trying buy
March here Kelfer sold 1000 NAV
New orleans,--Reports that the Edge
ii Dill has passed congress Is bringing N
Il new buying This bill allows further
II extension OF credits to foreign coun.
uies ny American bankers 5 & q.
III New York,--Wa know a local snot
man VINO IS wondering II II Ia possible
Iof lhls future market TO be liquIdated
n New York.--A Tsxas ,o,,snoraa ~
per cent Of crop still in field.
New Orleans. Iool,a u,te tho ,,.o,
& ests which are boosting Innunrv nr,
supporting also the March noaitian al
IDENTIFY with the Intention 10 briny
Il closer Ia Jnnnar,, ~ n,I w uiuhB "
attraction If delivering Gotten Oh janu-
cry cohtraets,-k otler.
III Grain
IL -
II Smcago, reported exporters have
Il taken million oats Clement to Me
FAN
Eli Chicago, Both grains have e,saa nse
from the top on pressura fr oaoeI Ill "ai
H professionals, the strength In the atoch
market Is attracting some attention M
me nustmg there has been. based on
mora 70 Wv, rr ,u,eNviopInehts OF much
ohnnsn VIII oe S N foreign eN-
o"su'se--" uu 10 shepard n Gluck.
ne ,,n+ps NV, iork reports Do loads
s Wua ~ & w H ~ w r'ahce VIA guits-
"
Chicago New York MESSAGE hero
werl,s .yVt NV oa,s ana slf-milion wheat
Il over ona n,tliipT ~, " rla1Ve Yesterday
sltions. Exnor,ers 70 " nn, ,ns ~ NJ 20 20
quantity Babcook to Clark & ca '"'
Washirsto, ~.
tbs hSmsae a WI ~ a vote o. 10 TO 3
he GaIijynn h,i ,a Eoll'llttee tabled
bihi,ion van pui repeating wartime pro-
Forsn..,, ..,.t., 80, ,,
souri,, par, s sIond ',. VI ana Mis-
dsy, si,ch,, v'ouuy tonight and Wednes-
yta,,. o'sneN warmer tonight Balance
nssdav nn, ally, 'alt tonight ana We'd
tmsos S' "o' lhueh chahse In tempera-
MI
thicago,-Corn firm on scattered
N.hn. ia.,o, n tb ouNlhg Trade some
~ snnt ~, o."n ~ soSleraay ana broad
~, Sell'Illlen' TESS heaflsh ana under.
i tV,iv StlosE, oais v good demand from
ss,r r pioI p,,lta aha prices advanced
s.nS frVVlsiohs highsr with hogs
Z Co TO Mccall '"''-~o''meht curtis
oats, q, and hay IS cars.
Hog Receir,s -fhicoso co noo, 49,,
ha. p soo, Kansas Citw pss' SHU, S SIa1i
W. nn0 y, "' I"a Wy dSVVV' SIOUX
Il 10000 "a
chicayo Roo,ict.. u,,.. e-onn
u