The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-11-30
ROUND THE TICKER
Cotton.

New orleans.--Reports that big spot
interests are taking hold upletly In the
interior are having their effect. The
offer OF New York banks to lend Cuba
$50. 900, 600 shows what the money mar
ket is. New York wires; Fresh spec
ulative buying is coming into the mar
ket. Liverpool reports Egyptian cotton
strong. IS. & G.
New Orleans.--Rumored 1000 bales
rendered Nov. 30 on December here this
morning and that notices were stopped.
F. & B.
New York.-Headquarter OF Ameri-
can Bankers association says: Accept
ances from all parts of the country have
been received TO invitations for con-
ference in Chicago next week OF repre-
sentative bankers and business men to
consider the formation OF S100. 900, 900
foreign trade corporation that has been
approved in principle by the associa-
ton.
Charlotte, N. C.-Large number Of
mills have resumed operations though
not on full time. Spot demand slightly
improved.
New York.-Do not think proposed
bill to stop speculation has anything to
do with advance. The market is MAX
ing the news today, due to reactionary
sentiment started yesterday, and they
are trying to dig up all the old bull
arguments Advance has also been
helped by short covering in the Egyp-
tian market. Prefer to give market a
chance to. advance, then believe II
should be sold.--Overton to McFall.
New Orleans.--Advance due light of
ferings more than anything else.-Beer
to McFall.
New York--Mills good buyers of con-
tracts today.-F. & B.
New Orleans--Stren of market
undoubtedly due to New York export
ing seven thousand bales to Europe to-
day, thereby reducing stock there to
only 10000 bales VS.. 10000 last year.
Beer
New Orleans.-Bearish traders are
now engaged in a desperate effort to
break the market. There Is no news
OF bearish import for them to work
on and they are simply trying to sell
the market lower. 1t looks as If 1t will
require constant and heavy selling to
keep Roadway on the downward move
ment.-Shepard & Gluck
New Orleans--Few December notices
issued here this morning were stopped.
There may be something doing in De-
cember before month expires. Rumored
there will be bullish Developments
Beer TO McFall.
New York.-Washington advices TO
the Times says that members of con-
gress representing the wheat and cot
ton states intend to confer this week
regarding legislation to relieve condi-
tons In the farm products market
drastic action on the part of the Egyp-
tian government to arrest the drop
in cotton prices and fix a minimum
Wire to McFall.
The loss OF cotton in LiverpooPs big
fire Is 1860 or less than three per
cent of the total stocks in warehouses
there.
New Orleans.-Chicago dispatches say
that Senator Capper of Kansas an
nounces that as soon as congress con-
venes he will introduce bill to stop
speculation in both grain and cotton.
Shepard & Gluck.
New Orleans.--Today ends the sixth
ginning period of the season, The cen
sus bureau report is due next We'd
nesday week.
Gastonia, N. c., wires: mills are
resuming full time. McFadden is buy
ing spots quietly in this territory and
Japanese firms are also buying. A New
York cotton goods firm wires: I'VE
cloths. shepard & Gluck.
New York.--Liverpool cables: Market
opened better but has since gone poor
on dullness of trade Manchester
Hubbard to Reese
New York-Fair, scattered demand
lighter offerings, Tone better. Alex
andria up 375 points today.-Clevenburg
to Turner & Reid.
New York.--Early selling based on
poor cables and Liverpool selling. Trade
was good buyer and Southern offer
ings much smaller New speculative
buying coming into the market and
Liverpool reports Egyptian market
strong. -Fenner e. Beane.
New York.-Local sentiment bearish,
but comparative few sellers slightly
better outlook for goods not generally
Hubbard to Reese.
New York. lower opening
here owing to fear further curtailment
England as Liverpool cable expected so
points stoppage Lancashire-F. & b.
to W. & G.
New Orleans.-Market stimulated by
reports of improving spots east belt
and mills resuming as well as more
favorable tone in dry goods markets.
Market short and continued improving
reports likely cause covering move
Observation-Disclosures & Co. to Turner &
Reid.
Grain.