The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-31
SOUTHERN LEA CUE SCHEDULE COMMITTEE IN SESSION
ROUND THE TICKER
Cotton.

palgS anu savannah clears a,bic. o.
S2.24l
New Nork-Bull traders bulHsh. some
outside selling, bulls argue there can
be no decline at present discounts
Hubbard To Reese.
New orleans Financial conditions
abroad continue disturbing influence,
unless spots show marked weakness we
do not look for any decline Of Consc-
quencc.-White to Cotter & Turner.
New York-Total sales of print
cloths for the week at Fall River We're
about 100000 pieces. Curtailment fig
ured about $4,000 pieces, Operations
are being continued steadily in prac-
tically all of the cotton manufacturing
plants in Fan River.
New YoTk-Look for a narrow market
to continue for a while, trade inclined
to look on and wait developments Spot
holders who have been carrying their
cotton unhedged have been putting out
hedges reCently.-Overton, of McFadden,
to McFall.
New Notwithstanding toward close
on fear of weakness in foreign mar
kets over Sunday Clark
New York-Speculation in cotton
goods has been definitely checked. Buy
ers are now only buying for their i'm
mediate needs.-Slater to McFall.
New York-Final break in peace
treaty discussion bearish, but expected
other outside conditions continue bear
ish, but contracts apparently firmly
held, however; think would sell hard
spots.-Clevenburg to Cotter & Turner.
New Orleans-Texas news says:
Weather favorable past week, but still
too wet to pillow. Sentiment bullish ow-
ing to lateness of preparations and
shortage of labor.
New York-Small market, largely a
local affair. South and Wall street
are selling.-Hutton to McFall.
New Orleans-In the face of unfavor-
able foreign financial situation, senti-
ment in cotton remains conservatively
bullish owing to steadiness of spots
and discounts in future. However
caution is advised in buying for the
present.-Beer to McFall.
Chicago-Marshal Field & Co. in Their
| weekly review of the dry goods trade
| say: Current wholesale distribution Of
| dry goods has been very large ant
| much ahead of the corresponding Weel
Of last year. Orders from statesmen or
| the road are of greater volume both
| for immediate and future delivery. Gus,
| toners were in the house in larger mum
! bers, all reporting active retail bust
ness. Collections are very satisfactory
Grain.
Chicago.-Peanuts from Asia, Lima
beans from Madagascar, butter from
| Denmark. wheat from Canada. corr
| from Argentina, ManChuria and Mexico
oats from Manitoba have all been Of
! fered to the United States.-Babcock
Chicago.-Although believing that re.
serves are more than ample for future
! demand. it is not to be disputed thai
| available supplies are insufficient fol-
| immediate needs. 1t is therefore ad
Visable to modify ideas of lower prices
and recognize the fact that values Of
| spot grains are well above the deferred
deliveries.-Thompson & McKinnon.
Chicago.-New York wires that 300,
600 oats worked for export late yes
terday.
Chicago .-Argentine corn crop max
ing good progress. England will dis
tribute it's Argentine corn purchases a.
necessary and will not raise their corr
maximum, which is $2,75 per bushel
basis of $3.50 Observation-Disclosures & Co
Chicago,--The delivery of 10000
lard on January contracts this morn
ing has not had any marked effect
There is a feeling that the local stock
of lard will show an increase of abou
10000 If realized 1t will give u
3l,000,O00 against 100000 on Jan. Ii
and $4,000 900 on Jan. 81 last year.
Rem to S. & G.
Chicago.-There are estimates o
about $4,000 corn delivered after tn
close.
Chicago market feeling com
mission selling, corn easing with oat
under local selling and absence support
-Babcock TO Clark & Co.
Grain pelt forecast: Illinois, Mis-
souri,, Wisconsin, Minnesota, part cloud
tonight and Sunday rising temperature
North Dakota South Dakota, Nebraska
Kansas, fair and warmer tonight ant
Sunday.