The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-12-02
ROUND THE TICKER
Cotton.

selling followed the crop estimate OF
IL, 900 bales from Jay & Co. and
more or less selling came on the mar
ket because of a small coffee failure.
Liverpool claims that the majority of
the spinners of American cotton in
Lancashire have voted for half time.
Shepard g. Gluck.
New Orleans-Galveston clears 81
b52 bales of cotton for foreign export
and Texas City clears 595, a total of
3S,147 bales thus far against total ship
ments this day last year of $685.
Shepard & Gluck.
New York.-Cables this morning
should prove highly satisfactory to re-
cent buyers. Wall street and trade in
tereSts Yesterday were buyers, while
the South was less free in hedge SELL
ing. The activity that developed two
days ago started on improved economic
conditions on the continent, but may
be intensified today by the improved
outlook for pacific relations between
Ireland and England Some improve
ment is reported in some lines In our
domestic centers, yet claim is made
that this has not been shown in mills,
more of which are curtailing .-Fallon to
Shepard & Gluck.
New York-Higher on advance at
Liverpool and improved tone in dry
goods market. Liverpool probably in.
Eastern troubles through acceptance
Of mediation of Armenia by President
Wilson. Removal Of all restrictions on
export Of coal by England was another
factor.-F. & B. to w. & G.
New Orleans. further i'm
provement likely, the ability to main.
tain advances rests on permanence OF
better trade advices, which just now
we doubt. While sentiment undoubted-
IU lAag MIST II would not follow
present Improvement too far.-Newbur-
ger & Co. to T. & r.
New York-Liverpool buying, but
plenty for sale; South moderate seller.
Look like trading notwithstanding
to Turner & Reid
Holyoke, Mass.-Four divisions OF
American Thread Co. will go on
schedule Of one day and two days a
week beginning next Monday.
New York.--he steadiness o the mar
ket late yesterday was caused by To-
cal shorts competing with new spec
ulative demand, especially or distant
months, Influenced by more adorable re-
ports rom the dry goods district. the
strength of Liverpool market added to
the reactionary feeling which has been
gaining ground lately and we find COM
mission houses more and more inclined
to bull de.-McFaddes to McFall.
New Orleans.-Bearish mill tahsgs
anticipated tomorrow. Returns will
compare with 1000 last year and 35S,
900 is 1918, were only 100000 last week
The reported better spot demasd ano
outside conditioss improving may G SalSt
further advance temporarily but likely
be sold on bulges for present: Senu-
ment more friendly to market but eau
tious.--Beer to McFall.
New York.-Sales print cloths here
late to the amount 100000 pledes
and some reports that 100000 of gray
goods have also been sold struck as
answering chord at the piece exchange
Print cloths reported hal cent pei
yard higher, it is figured to rise Of
2h cents a pound on raw cottos or
the basis of five yards to pound. some
here are advising purchases II cottot
in Liverpool The price there Is equa.
to about II cests here. According tc
one view, Europe already owns a gooo
sized percentage of this crop for, de-
livery Is March, May and July ana latel
on.-Journal of Commerce.
Liverpool cables: Understand spin
ners have necessary majority to WORK
on half time. This likely cause de-
cline.
New York.-Liverpool cables: Mar,
ket narrow easily influenced, seems
looking for some Improvement, may
70 dearer for time being.-Huooard te
Reese.
New York.--Liverpool bought. Some
short covering. Wall street locals ant
South sold.--Sanders to Clark & Co..
Greenville, S. c. wires several nearby
mills who have been on short time
have issued notices Of resumption OF
full time. Practically all reports fairly
substntiate sales goods past few days
Beer to McFall.
New MISUNDERSTANDING by longs
causing decline; more long cotton com
ing on market. Beer to McFall.
northumberland has taken off al
restrictions from coal export trade al
| to price, quantity or direction or eE'
ports and hope is expressed that thl'
move in the country's key industry VIII
accelerate return to prewar STATUS
Kofler to Clark & Co.
New York.-Cotton mills arund Gas
tonia, N. c., which have been CLOSED
couple Of weeks, now running again OF
mart time, A wave of economy is re
| ported spreading throughout the west
ern and business slowing down. Loca
sentiment Is more friendly to the mar
ket. Present prices discount much ant
] IL does not seem advisable TO De SNORT
l-Clevenburg to Clark & Co.
1av g. Co.. of New York, say croI
Investigations show 12,S90,O0 exclusive
of linters, which we make 575,OOO.
New York wire says that Nationa
| Ginners is out with very bearish Zig
ures.
Liverpool cables: Manchester report
| further cancellations.
New Orleans-This selling is the re
suit OF the kilograms from Memphi
saying that the National Ginners asso
| citation report on ginning and indicated
crop will be very bearish and that Their
are cablegrams on the floor of the ex
change there from Liverpool statin
that the proposition to spin only thre
days a week has carried In England
The export movement continues t
swell. New Orleans clears 25,326 bales
bringing the total movement for tn
day thus far up to 5S,474 bales agains
SS,S43 this day last years. e. G.
Grain.
Grain receipts: Omaha, wheat, AZ
Duluth. wheat 206: Winnipeg, wheat
| 1854; Minneapolis, 954; st. Louis, whea
33-42; corn, 26-l0; oats, q; Kansas City
wheat, 112; corn, 8; oats, s.
Chicago. Grain offerings very light a
| opening, Wheat receipts large. Liver
pool corn futures seven higher. Liver
pool wheat strong on short covering
with few sellers,-Wild to Shepard 4
Gluck
Chicago.-A very badly oversold con
| dition in wheat with shorts covering
caused the bulges, sales should be mad
on scale up. Commission houses sell
| ing May corn. These bulges shoul
be taken advantage of to sell.--O' BrieI
to McFall
| Chicago.-A badly oversold condition
by eleventh hour hears who place thci
| dependence on break to bank failure
and financial conditions, but who over
look big exports and small stocks wa
| cause Of the quick upturn in wheat
| 1t should be remembered that pressin
sales on breaks after such a large de
| cline Is very likely cause quick up
turns. % Brien to McFal
Grain belt forecast: Generally fai
| tonight and Friday, not much chang
in temperatures all over the grain bel,
fNht,ooo Tba ,,Itir.- 1