The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-11
ROUND The TICKER
Cotton.

Cotton.
New York.-Members of the cotton
cotton exchange are signing petition
asking for a vote on a proposition to
make Feb q, the Saturday preceding
Washington's birthday, holiday.
Total average Texas rainfall during
January was 400 VS.. 3.15 last year and
800 year before last, and normal of
LIS.
New Orleans.-The market acts short
and trade buying again is coming In,
Leslie Keiffer wires from New YORK
that the market holds the largest short
interest in years. Liverpool cables that
feeling there is bulilsh in years. Liver
pool cables that feeling there is bull
sh and that Manchester reports are i'm
proving. Shepard & Gluck.
New York wires; Certificated stock
here only $500 bales. Never such an
opportunity for corner in history of eX-
change. Think shorts in desperate Sit
uation,
New Orleans.-Labor situation bet
ter; men likely to return to work i'm
mediate future, perhaps by tomorrow
pending adjustment of their claims
Beer.
New York.-Cables delayed on account
of storms breaking land lines leading to
cable stations. Most serious Interrupt
lions in New Brunswick and Halifax.
Regular service anticipated some time
today.
New Orleans-The situation remains
beclouded with sentiment bearishly In
clined which is attributed to decline in
securities market. There is no en-
couraging feature in spots, but the In
terest on both sides being down to a
| minimum, places the market in posi-
| ton to respond rapidly to any devel-
opment. but until there is some new
| feature developed think well OF SELL
| ing on advances.-Gluck.
New Orleans-One spot man says:
| "The Liverpool representative Of our
| firm cables: Please make us Offer -
| Shepard & Gluck,
New York-The English board of
| trade figures for January are very
| buish. The export Of yarns are IL
millions VS.. less than ten million and
cloths 413, 100000 against 22O, 600, 600 last
year. This was undoubtedly the stimu-
lus to Liverpool today.-Fallon to Shop
ard & Gluck.
New Orleans-Savannah clear 1878
bales. Total exports this day last year
were only 400. Galveston has on
| shipboard 1907 2l bales against 1888
this day last year. New Orleans has
66,567 bales on shipboard against A.
$50
New Orleans-Think chances in favor
market improving again; believe near
bottom for present Liverpool advices
selling trade buying. Exports will be
large from all ports today, 1900 from
| Savannah alone VS.. 1000 this date last
year all ports.-Beer to McFall.
New Orleans-Texas news says: Rain
over the state very little trade except
for special lots. Spots draggy, slug
gish; labor scarce, farm work backward
to very late start.
Liverpool-Local feeling bullish, bet
ter Manchester reports. 1t IS not ad.
visable to be short March May as spot
quotations raised over futures and like
" further advance also improved de-
mand spots.-Beer, Cowell & Co
New York-Liverpool only buyer
Mitchell sellin; professionals selling
CleVenbuTg to Cotter Turner.
New Orleans-Market continues un.
settled. We look for trading marke
| with purchase on breaks best policy
thing short interest increasing.
to Cotter g. Turner.
New Orleans.-Market acts disap
poiMtngy, weakening on liquidation.-
Clark.
New York-The Sun and Herald to
day says: while foreign exchange wa:
scraping bottom early last week, there
was a plethora of loose talk about Flu
rope cutting American purchases short
There We're even reports that British
spinners were going to ship and sci
back to us cotton out of their factor!
warehouses. AS a matter of fact W.
! shipped to Great Britain last week mort
than "a 1000 bales. This was nearl,
three and one-half times as much a.
| in tho nnrTpgnOniinp WpAl
of 1913. In American dollars that rep
resents something like $400 O00, 900. Brit
ish spinners may slow down their buy
ing of our cotton at any time they flnt
they have enough stocks to take carr
) of their business of supplying teXtil
goods to the world but SO long as the,
can sell at a big profit the finished
8 product into which they converted GU
raw material they will go on buying 1t
Clark.
New York-Times says passage G
. treaty. no Wseems assured, Steame
, Rimousld from Liverpool brought owe
700 bales of manufactured cotto
z goods. The market likely to rule ner
, Vous and be subject to action of stoc
market Trend appears lower. but DC
tober at the large discount looks at
tractive on setbacks.-Clevenburg
, New York.-Texas reports deman
dead: expect real break dry goods
I treaty only bullish probability. -McElro
| to Cotter & Turner.
= New York Small trading, loc5
! ders less bullish because reports fror
t goods market which expects sharp com
( petition from Europe in many line
Hubbard to Reese.
New York-Four ships arrived her
l so far this week with $4,000 bales co,
:, ton and wool fabrics.-Gwathmey
: | Foster.
+ New Orleans. -Anticipating continu
ance presence dormant domestic an
o foreign trade account money and pol
& ties believe Improvement Will prove onl
i temporary sentiment generally bearisI
Il -Newburger & Co. to Foster.
Grain.
r Chicago-Reports of export sales a
# repeatedly made, Apropos Of tn
: please note that cash rye in elevate
= here Is selling at seven cents und
c the may: that packers are consiste
= sellers of provisions in the pit. Al
% parently there Is some sort of fly
n the ointment, In other words. cor
Y modities are not being actually Sc
: abroad on large scale. This ia
= should be OF importance in the fin
'. outcome of prices.-T. &c NJ. to Cla
z & Co.
Forecast for grain belt states: Ge