The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-13
ROUND The TICKER
Cotton

New York-Huttou buying May, sup
posed 60 be ldvCruora covering. tteFe-
New Orleans-Spot dealer reports
better demand from New England mills.
says his firm sold 1000 bales yesteT-
day out Of interior stock.
New Orleans-Apparentl Liverpool
Is not worrying over rec mt Claim az
burdeusOmc stock there uecessitaIng
placing embargo on imports Of cotton.
as prices Of spots there yesterday were
advanced to the highest level reached
this season II the truth was known
England is not worried over stock
there as much as she is over future
supplies. otherwise would not be tos-
teTing increase In the growth Of staple
within the British empire, something
which she has been doing the past 50
years without any apparent success
Bevr 10 MCFal
New York-Journal Of Commerce
calls attention to increasing arrivals Of
cotton goods and decrease exports OF
same.
New Orleans-More optimistic view
Of secretary Of treasury on financial
situation should create better feeling.
Market, however, liable to remain I'M
settled pending outcome or labor con-
ference, with market technically
healthy would advance on any favor
able news.--White.
New York-Recent buyers heavy sell
ers on theory advance too sharp mar
ket not following Liverpool on idea
advance there unwarranted by eX-
change differences. Hubbard to Reese
at opening.
New York wires: Liverpool and Wall
street bought early Gwathmey brokers
and locals sold on weakness stocks
Wall street and Gwathmey covering
| Livermore apparently covering. tRu-
mored Llvermore bought 80, 600 bales
| this morning in New York Beer to
| McFall.
New Orleans-Iarge buying came in
| following the receipt Of a Cablegram
| from Liverpool saying Huge business
Manchester at full price" There Is
| also some baying on prospects Of con-
| tinued unsettled and colder weather for
the belts. & G.
New Orleans-Secretar Houston is
out with a very cheerful view Of the
| European financial situation in which
| he expressed the belief that all prob
! lens will be settled satisfactorily
New York Hear fight between big
! stock market interests composed, and
worst over that section Wall street
cotton shorts covered on this.-McElroy.
New York-Natural advance Liver
| pool owing TO no imports, allows strad-
| dlers to pay advance here wort hold
| All commodities unsettled --MclGlroy to
| Cotter & Turner
New Orleans STERLING up 2 cents
| Fall river reports good; Manchester
| cables report demand large at full
| prices. Weather unsettled and colder,
also causing buying ,-Fenner & Beane
| to Gustafson,
New Orleans.-Some of the buying Is
| being done by shorts who are afraid
| consumption for January will be bull
| ish.-S. & G.
| New York.-Think short interest
| week now covering discounts are so
heavy checks short selling this pres
| ent advance due last weeks covering.
Good market showing weakness. No
| demand Hubbard to Reese,
New Yort.--Market opened firm fol-
| lowing Liverpool strength. Some scat
| tered short covering and Liverpool
buying, but offerings full at advance
| and some selling on renewed weakness
stock market--Gwathmey to Foster.
Fall River wires Good spot demand
here and 10000 bales were sold to mills
yesterday"
New York,-Imports dry goods in
| creasing, treaty outlook discouraging,
market continues sale.-Carpenter &
Co, to C, & r.
New Orleans-New England mills re-
porting large business in spots, with
signs returning confidence market like
ly do better. although railroad labor
outlook discOuraging ,-Newburger &
Co. to Foster.