The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-08
ROUND THE TICKER
Cotton.

New Tork-Weld's traveller says the
| ground conditions in Texas are excel
/ lent for new crop Cotton goods in
Wall street very strong --Cleyenburg.
New fork--Cone buyer Of March and
seller Of January. Gwathmey buyer Of
! March.
New Orleans Liverpool climbing TO
beat the band. Some believe this Is a
rush 10 get cotton by the mills. fear
ing traffic disturbance by threatened
I RAILROAD strike.-Kofler TO Clark & Co,
New Nork-Hedspeth antgambling
btu referred 20 house judiciary commit
| tee for an easy death-McElroy
New York-Washington office wires:
Understand arrangements completed
under edge law for gradual shipment
! Of million bales TO Germany through
Holland. Locals working for reaction
on theory Edge bill helpless until treaty
raufied.-McElroy TO Cotter & Turner
New York Moyse & Holmes: II looks
as though liquidation has spent its
forces and the bullish fundamental fea-
lures are coming again TO the fore
We consider the market purchase on
all deprcssions. jay & Co. The tech
nical position OF the market is greatly
improved and we favor purchases on
good setbacks
Liverpool cables; Liquidation seems
over. Trade absorbing contracts. Not
much offering.
New ork-StronE here; looks higher.
temporarily at least.--Weld to McFall
Clark & Co had this wire from New
York: The market shot up shortly after
the opening on the rumors that ar
rangements had been made for the ship
ment of a lareg amount OF cotton to
Germany on a credit basis Germany
has already taken from here since the
- q faf 1 tut I.,s
takings before the war averaged about
!, 100000 bales, so IL would appear that
II report is correct. arrangements are
being made which contemplate a supply
about half the prewar average, A num-
Der of local houses with foreign con-
nections says he thinks II very unlikely
that Germany win take more than
d-to-mouth amounts of cotton. and
doubts whether she is In a condition to
finance million bales even If extended
over years time. On the other hand,
man with foreign connections told
US earlier in the week that he could do
10000 bales for shipment to Germany,
If credits could be arranged.
New York.-The first January notice
was issued this morning, only one. 1t
was reported that negotiations were I'M
der way for $4,000, 600 loan to Bel
GUM
New York-German commission which
arrived here Jan has completed ar
rangements for purchase of l,000.000
bales OF cotton.-Hayden Stone & Co.
to MCFall.
New York.-Some Liverpool buying,
heavy realizing by recent buyers; trad
ers expecting further Liverpool buying
first hourHubbard to Reese
New York-Carpenter & Co: IL must
be remembered that a very large part
of this crop has already been sold at
high prices, some wen above 40 cents,
and that farmers are in an unusually
strong financial condition.
New York With no disturbing over
night news and following strong cables,
market opened firm on Liverpool buying
and local short covering. -Gwahtmey to
Foster
Grain.
Memphis receipts; Corn 10, oats
and hay q cars.
Hog receipts Chicago So, 900, Omaha
1900, Kansas City 10000, Sioux City
10000, St Joseph II 200, st. Louis, 49,
000
Chicago-Receipts: Wheat 1000,
corn 112oO0, oats 10000. Shipments:
Wheat 1900, corn 12S 900, oats 200, 900,