The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-25
ROUND The TICKER
Cotton.

II
-
Cotton.
Gwathmey. New York wires. "L.ook
Tor increasing strength tn March
New Orleans,--It Is said that Texas
buyers are working IN this market and
lhat thousand bales Of spots were
Traded in after hours yesterdays.
* q.
New York.-Market probably viii
continue as trading proposition.
strength Of March and spots prevent
decline, while speculation is insufficient
{ / r. sFi0s about much Of a" adya"''.-T.
New York.--Nothing doing. March
shorts cover each day local traders be
lieve buying on declines: no outside
demand.-Hubbard 10 Reese.
New Orleans. Technical strength
near positions may force further i'm
provement. but money and political CON
slderauon offer buyers small encourage
ment-Newburger & Co to Foster.
New York.-Rumored Livermore COW
cred May, shorts apparently feared
March longs intend taking delivery then
squeeze May.-McElroy to Cotter &
Turner.
New Orleans--Have information,
probably reliable, that more cotton be
demanded on March New York than
can be delivered Charles Wells to Gus
tafson
New York.--The South sold on bal
ance and Liverpool was again a buyer
New Orleans.-Exports likely con-
unue large remainder Of week on
shlpboard compared with last year, Cal
weston, 1876, VS. $4,000; New Orleans,
$4,000 VS., S2.00o.--Beer
New Orleans--Advance in market due
to better feeling in sterling: strength
of near positions sustaining market;
shorts covering freely.-White to Cot
ter & Turner
New York-Strength due to large
buying of May by Gwathmey.-
burg to Cotter & Turner.
Liverpool cables: Small market scat
tered long liquidation at opening, la
ter much better tone on Manchester
buying. Trade fixing call sales
New Orleans-Higher sterling, ru-
mors of better inquiry for spots here
and in interior coupled with eXpecta-
ton for revival of debate on peace
treaty tomorrow cause advances in cot
ton. Rumored large Texas spot house
buying futures in New York.-Beer,
New Orleans-Galveston exports 49,
696 bales to England. Total exports
this day last year were 2,Sl6. Mil
| takings this week will compare with
only 10000 bales this week last year
Two years ago takings were $4,000
Shepard & Gluck.
New Orleans-The foundation for tine
seems to be this message from New
York: Senator Lodge will call up
| the peace treaty in the senate tomor-
| row and will insist that it be kept
there until final vote is taken.'-
Shepard & Gluck.
New Orleans-Rallied on technical
conditions and stop orders being
| reached at 80 cents for May. Absence
Of March tenders and discount or flu
lures under spots induced the covering
| mOvement.-Clark.
New Orleans-Market was technical
| ly congested for some time, Shorts
| were getting impatient over absence
| of results and this covering spell was
| hanging over the market for some time.
1t win relieve the congestion and make
| market more responsive to influences.
| Think covering bulge nearing limit
| Clark.
New Orleans-Spots reported steady
| if any change likely higher If futures
| hold advance Rumored about 600
| bales sold here after hours yesterday;
some inquiry this morning.-Beer to
| McFall
New York-Livermore reported to
have bought 10000 May.-Hubbard to
| Reese
New York-Mostly buying by shorts
! induced by early strength OF March'
also some fresh Wall street long buy
| ing being attracted at advance
| Gwathmey to Foster.
Grain.
| Memphis receipts: Corn s, oats IL
and hay q cars.
Hog receipts: Chicago $4,000, Omaha
| $500, Kansas City 5000, Sioux City
1900, st. Joseph 5000, st. Louis 1880
ChicagosmoaReceipts;; oo ny Wheat sS,oQo
| Wheat 10000, corn $4,000, oats $4,000
st. LOuis-Receipts: Wheat $4,000,
corn los, 900, oats 90, 900. Shipments;
Wheat $4,000 corn $4,000. oats $4,000.
Chicago-Openng in corn a disap-
| pointment to bears. Looks as II the
| 200, 900 limit removal comes too late IN
| the season. Chicago CARROTS come at
$1.S5, only fair.-Wild to Shepard K
| Gluck
Grain Forecast Generally cloudy to-
| night and Thursday; not much change
| in temperature.
! Chicago-Larger commission houses
| buying May corn and selling July. Also
| buying the May outright. Barrett and
smaller traders opposing any further
advance. Fair-sized general trade run
ming. -Babcock to Clark & Co.
Chicago-There is not big enough
long interest in oats to cause big
| liuuidating market The crowd is gen.
orally bearish. Would not sell on
breaks but good rallies.-C. C. & Co.
Chicago-Big demand for cash corn
| by Eastern handlers. They have been
big buyers here this morning. -Munson
to McFal
| Chicago-The removal Of limits from
corn is construed as bearish for the
moment, but good people say short side
Of May option s dangerous. Wagner.
Stocks.
New York-Labor calls upon the
president to veto the railroad bill and
some suggesting they might appeal to
the courts. The New York World says
there will be no strike by railway un-
| ions The bill doubtless Is not just
what labor hoped for neither does it
conform to all the financial interests
had expected. Nevertheless it was the
best possible under the circumstances
| and we think both sides will find 1t adj
visible to give 1t a fair trial.-T. & NJ.
| New York.-Those who are against
| the market are predicting an advance
in the Bank OF England discount rate
| tomorrow.---Sl Slater to McFall.
New Yorl.--Rally in the rails was
| used to sell elsewhere as far as pos
sible and the market shows a marked
downward tendency this morning. -
Childs to S. & G.
Making of new lows is not
conducive to promotion of confidence