The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-05
ROUND THE TICKER
Cotton.

OOGtOn,
English consols 50, W one-auarter.
Liverpool's half-year recount stock
there shows total SIS, LOCO, of which
American 4S1, 900. on July 81 was re-
ported 6li.00O total, OF which American
ISL, 600.
Liverpool cables: Some scattered long
BY Manchester; market very narrow;
nervous affair.
New Orleans-Think Hester's figures
about discounted for present, but mar
ket Wely to remain under the influence
OF gelopments in Washington con-
cerntng movement there to force a re-
ductfen in cost Of living which may af-
feet cotton ~unfavorably for time be-
ing. However, favor buying on any
further depression OF Importance, all ex-
ports and %spinners' takings first half
OF the new season will probably be
large at a time they were running light
last season. Meanwhile weather con-
ditions and trade developments have to
be reckoned with,-Beer to McFall.
New York-Lot commission house L.
quidationi longs discouraged over de-
pressing domestic situation; Rosenberg
selling, Mitchell best buyer; locals
against it.-Clevenberg to Cotter G. Tur-
ner.
New Orleans-Heavy liquidation due
unsettled labor; large earry-over, no de-
mand spots; looks lower, but have had
big decline.-Benner to Gustafson.
New York-New England heavy buyer
here; think market rally; lot heavy
buyers; general outside selling; some
trade buying II stocks steady will re-
cover.-Hubbard to Reese.
New York-Carpenter & Co: All talk
Of high prices is tabooed and when SEN
swings that way there is no
Ceiling how far it may drive prices re-
CARELESS of all legitimate influences. II
would appear that some convulsions of
nature like the annG August tropical
storms is needed to check further de-
c1nes, Hutton & Co.: The crop out
look is far from favorable, but with
outside conditions so unsettled the fluc-
tuations for the time being are likely
to be governed by news from this
source.
New York-The demands of labor the
world over are getting to that point
that commerce Is seriously menaced and
what the end may be it is impossible
to see. Even governments are threat
ened, not to say brow-beaten. With
such conditions the stock market was
seriously affected and with the efforts
Of our government to reduce the cost
of living, sentiment in all markets has.
been much disturbed. Diminishing ac-
ivy III NV bpObo liieA O 10 NAGlbiC
to the most obtuse. Weather conditions
are better. Sentiment in all markets is
now veerlng to the bear side and we
can see nothing but lower prices staring
us In the face,-Fallon to Shepard &
Gluck.
New Orleans-The announcement that
Germany may not buy cotton or any
other commodity direct but must OPP
crate through the reparation commits
sion formed under the provisions OF
the Versailles treaty, Is also an Import
ant depressing influence, having a ten
dency to restrict the exports of raw
cotton as we'll as manufactured goods
to former enemy countries.-Times Pic
ayune.
New Orleans-Market ran into nest Of
stop-loss orders causing sharp decline.
Market took extensive liquidation re-
markably wen, coming back strong.
Technical position improved by recent
decline, which seems to be about over
for present.-d3eer
New ~York-Doubt If rally holds; SEN
timent pessimistic in speculative circles.
-~Clevenberg to Cotter & Turner.
New York-Rallying better than ex-
pected on scattered covering and some
| Wall street buying; contracts became
scarce.-Clevenberg.
New York-Last break caused by lot
| JdpdIlSSe Sellhlb.
New Orleans--Map indicates partly to
fair eastern portion, increasing cloudi-
| ness western half, probably disturbances
northwest portion. Better weather Is
| not going to last more than a day or
two in ~east.-Clark & Co.
New Orleans-A sharp break in francs
| exchange has put the price to low levels.
This, together with u~neasiness over fur
Their probable developments in the stock
market, has caused selling of cotton
Shepard & Gluck.
New Orleans-It is argued in some
quarters that heavy liquidation is over
New Orleans-The market is steadier
and about a cent a pound up from the
bottom on realizing by shorts and a
moderate amount of fresh long buying.
Some reaction from the decline is nat
ural,-Shepard & Gluck.
New Orleans-Recent decline reflect
ed in larger spot sales Atlanta, 1900
bales. Demand may improve elsewhere,
Traders fear rising temperatures south
west, especially in Texas Exports
one-half from opening down, None-quar-
Grain.
Memphis receipts: Corn 9, oats 27 and
hay B cars.
Chicago.-Receipts; Wheat, $4,000
corn. 10000; oats, 701, 900. Shipments
Wheat, 2S5, 900; corn, 440, 0o0; oats, 5ll.'
900.
st, Louis.-Receipts: Wheat, 900, 900
corn, $4,000; oats, 5000. Shipments
Wheat, 277.00O; corn, $4,000; oats, 1885,
900.
Chicago.-o'Brien says: "Looks lik,
lower prices for all at opening. Som
pretty large lines short for both corr
a1l 1nAG would rofhnr h1tV prniu m.
day on good break."-Clement Curtis &
Co. to McFall.
Chicago.-Grain forecast is mainl.
unsettled, with probable thunder show
ers,
Chicago-The United States confront
a simple praaTem. Are the rail union
to run the United States and are thu
rail unions to be permitted the opinion
they form the key of things and cal
tie up the United States any time
Meanwhile the attitude of labor an
high costs shake every market. Trader
may be afraid of the long side in grain
cotton, etc. Many Chicago observer
think the government is alarmed an,
will cut the wheat price to $1.H.-Wag
ner & Co.
Chicago.-With sentiment extremel
bearish and traders looking at but on
thing-the high cost Of living-regard
less Vi All OlltT COIiulllOIis, ltlG HlpTtb
! sion in certain quarters Is that a chez
has been given to buying power in gen
eral.
Trade expects some news of Juliu
Barnes talk with the president on Wed
nesdRy or Thursday. Several big gov
eminent officials. conferred today il
I, Washington on plans to cure genera
cost inflation.-Wild to- Shepard I
J Gluck.
; Chicago-Raining' at Paxton an
Quincy, Ill, and G0odiand, Ind,
Chicago-Market broke on rumo
wheat will be $t,75, but Associate
Press has no news on his from Wash
ington.-Wagner & Co.
Chicago-There is a big broad de
mand for cash oats, Seaboard export
; ers prominent. 1t is believed that tn
stocks now in Chicago are already unde
!, contract.-Babcock to Clark & Co,
: Chicago-Sharp break in corn due {
efforts to sell by some of the locs