The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-05
ROUND The TICKER
Cotton.

OF THIS KIN OF cotton thlnk ~ cents
a cinCh. The acreage this section will
be considerably larger than last year,
as practically no winter wheat was
planted on account Of the rainy sea
son. Labor Is getting more plentiful, y
Shepard g. Gluck.
New Orleans.-The freight handlers
strike Is causing some selling. Spot
houses already ~are complaining that
they are unable TO handle incoming
cotton .-Shepafd q Gluck.
New York-Weld &, Co.: 1t looks as
II bull speculation was coming in and
higher prices are indicated. We advise
waiting, however. for setbacks on
which to buy.
Liverpool.-There were large de-
mands for piece goods from Calcutta,
South America and Egypt. Print
cloths were in demand from practically
all quarters. and there were evidences
of considerable speculative buying.
New York.-We believe that October
cotton Is a purchase at this time. Cot
ton cannot go down as long as the
foreigner is willing to pay the price,
Liverpool is the bull market just now
New York and New orleans simply
follow.-Slater to McFall.
New Orleans.-Rumored longshore-
men strike here, may interfere will
exports. January is now on a tender
able basis, weakening that position
somewhat, Think time to put OF
breaks,-Beer to McFall.
New Orleans,-Texas spots: Slightly
better demand owing advance in fu-
lures; demand may continue If futures
hold.-Beer to McFall
New York.-Liverpool this morning
Is sensationally strong and a govern
ment statistician says there is nc
prospect of any considerable fall in
prices of commodities for several years
to come, and speculation having again
entered the cotton market on a con-
siderable scale. the short interest here
will, no doubt, be forced to cover OF
this upward swing.-Ettelson to ClarB
& Co,
New York-Professionals selling
commission houses taking profits
some southern selling, Liverpool mod
crate buyer.-Cleve to Cotter & Turner
New York.-Dukinfield cables market
firm, active demand strength due
chiefly to strength Egyptian futures,
which are 200 higher.-Hubbard,
New York,-WouId take profits; wise
longs. only sellers; short interest re-
ducedNMcElroy to Cotter & Turner
. New Yrok.-Liverpool bought July;
local realizing on March; sentiment bull
ish. with larger traders taking profits
Hubbard to Reese.
New Orleans.-Lower owing heavy
realizing and some short selling after
opening by traders who think market
high enough for present pending further
developments in spots in the SOUTH
Beer to McFall.
New Orleans.-Market continues re-
spond to strength fundamentals; offer
ing small incentive sales except or
technical theory: continue favor pur-
chases al | reactions,-Newburger tc
Foster.
New York.-Japanese interests good
sellers March.-Hubbard to Reese.
New York.-Market strong IN Liv'
erpool buying following their big ad-
Observation-Disclosures to Foster.
New Decentralization clears $1,000
bales; futures reacted on easier stock
market and higher call money rate
Such realizing reactions are normal, but
the strong spot situation remains the
leader.-Kofler.
New Orleans.-Better spot demand
Spot people say Liverpool bidding fol-
low middling. Demand for lower grades
developing. Spots so to 100 up.
Liverpool cables: Opened strong an(
excited, With n6dNy Duyln6 dCNuliluidlSN
over weekend from all quarters later
eased on scattered long liquidation
chiefly Manchester,
New Orleans.-The census bureau re.
port on ginnings to Jan. is due Fri.
day morning. Comparison will be will
8, 403, G84 bales to Dec. 10. To Jan. ] last
year there were ginned 1918, 1863 bale:
and to Jan. | two years ago the tota
was 1O,434,S52. Last year the crop OF
Jan. /. was sos per cent ginned anc
two years ago it was 92.S per cen
ginned. Theer is only one more semi
| monthly report. 1t looks like a bullisf
report. Thursday will be a holiday II
| this market and the ginning figures ar
due the first thing Friday.-Shepard q
Gluck.
New Orleans-Early sellers turne'
buying, causing advance. Good under
tone again; Liverpool is the guidini
star; traders fear another rise N values
there tomorroW.-Beer to Neral.
New Orleans.-Liquidation continue
but there is also short selling in tn
market. bearish traders were quick. Il
note the fact when January neared
| tenderable basis. Spots are said to b.
half a cent a pound higher and It 1
claimed that a good business has beef
done today.-Shepard & Gluck.
Grain. v
Memphis receipts; Corn 0, oats |, ha,
81 and alfalfa meal IL cars.
Hog receipts: Chicago 81, 600, Oman;
800, Kansas City Is, 900, Sioux Cit,
5000, ST. Joseph 1900, st. Louis 24,OoO
Chicago-Receipts: Wheat $1,000
corr $50, goo, oats 345, 900. Shipments
\ Wheat l19, 900, corn l7i,00c. oats $4,000
st. Louis-Receipts: Wheat $4,000
corn 1853. 900, oats 1884, 900 Shipments
Wheat 49, 900, corn 5000, oats l26,OOC
Chicago-Waterloo, Iowa; No relic
| en- ear situation. Railroads making bl
| promises. Cash corn and oats zee to |
| higher.-Wild to Shepard & Gluck.
Chicago-Leading local professional
good BUYERS of rye. RumSey compan
sold 800, 900 July corn at $l,32; loca
crowd bought 1t.
Forecast: Illinois, Missouri. Wiscon
sin-Rain OF, snow tonight and Tuesday
much warmer. Minnesota. Iowa, Ne
braska and Kansas-Rain or snow to
night, Tuesday fair and somewhat cold
er. nakotas-Fair tonight and Tuesda.
colder.
Chicago--Commission traders ne
large, but demand is following tn
bulges. Eastern houses are recent buy
crs corn @Babcock.
Chicago-Two hundred ears corn an
100 pats Is distinctly light for two day
receipts .-Babcock to Clark & Co.
Chicago.-Primarv receipts: Whea
1880. 900 VS.. 1,217,000; corn. l,1l2,0OO "
S16. 900; eats. $4,000 VS.. 500 0Oa, ShiT
ments: Wheat. Gal 900 VS., $4,000; cor
FSj, 1000 VS.. $751; 600; oats, S2i 600 VS., 74l
900.
Stocks.
New York-The early enthusiasm WI
short lived. The street Is looking f
comparatively easier renewal rates, N
normal by any means, but a rate col
siderably lower than last weeks +
newal rates. Until the money stu
ton clears and something like norm
rates possible ! think YOU will fiji
bulges win not hold.-Bache,
Chicago-1Cinclair All COMPANY h
raised price Kansas. Oklahoma. Mort
srn Texas and Burk- Burnett crude
%. cents. making 1t So a barrel. I'll
lis the highest price this kind Of
ever brought.
New York-All copper metal increa
~, 1t,arIpis cont a mound On lpmpgi