The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-12
CHICKS REPORT MARCH L5-NEGRO HEAVIES READY
ROUND THE TICKER
Cotton.


bullish and encourage fresh buying
shepard & Gluck.
Another Liverpool cable: Things
strike"
Columbus, Neb.. Says: Situation has
completely reversed Itself the last few
days; turned away 20 to SO cars, which
could not handle Elevators all through
that territory full Of corn and they are
anxious to sell.-Wild to Shepard &
Gluck,
New York-McFadden selling March.
seems to be coming from many differ
ent quarters; Weld only consistent buy
er-liubbard e Reese,
New Orlearis-Early buyers were
quick to take their profits and the mar
ket fell off under their offerings, The
easy tone Of foreign exchange appears
to have had the effect Of preventing
new demand.-Shepard & Gluck
New Orleans-Certified stock New
Orleans Jan. s was 16,415; certified stock
New York Jan. 5 was 1880 VS.. 1866
Dec. 81.
New York-The German revolution
players all tried to cover at the opening.
tt was a disastrous revolution for them
even If II never happened.
new 1 OIk-NOUNlHutu llNuiddllbli Vi
nears causing decline, no fresh buying,
some Wall street profit taking on old
contraGts.--S, T. Hubbard, Jr., to Reese, :
New York-Slater says: While still
very bullish on cotton for a long pull
think just now on hard spots old crop
months may be sale for a turn.
New York-London cables say the
British cotton yarn markets strength
is undated Prices touched new high
records last week. Cotton exports are
keeping up in a way that promises to
make January shipments up to the most
bullish forecasts.-Slater to McFau
New Orleans-Strike Bombay, India,
cotton mills will reduce mill production
and strengthen goods market. Texas
news Basis slightly higher. Expect
low grade receipts to continue. Farm
work considerably behind. Dry weather
needed-Beer to McFan.
Liverpool cables: General feeling is
that railroad strike will soon be settled
amicably.
New York-Extremely difficult mar
ket to Judge at moment; personally
think advisable liquidate long cotton
and watch a while as the ease with
which selling nears cause collapse Sat
urday has made deep impression
Hubbard to Reese.
rumor of revolution in Germany, expec-
tation Of bullish census consumption
report Wednesday, bullish dry goods
and mill reports could cause advance
on rebuying Of contracts that had been
spilled on the ruTaor, but then the po-
litlcal situation appears so insecure that
confidence is affected and selling in
vlted on bulges.-Kofler to Clark & Co.
New York-The cotton bears are not
Af Eppuytvr AnpNtbi,1O a hnIt
the reported revolution in Germany un-
til the evening, newspapers appeared,
but they certainly profited by the yarn.
The recent reports of plans to ship a
large amount Of cotton to Germany
made the cotton market particularly
sensitive to a canard about a revolu'
ton in that country. --Wellman to Nc
Fall.
New York-Market sold off on
liquidation by holders March contracts,
Liverpool selling and locals who bought
early.
New Orleans.-From Bombay India,
100000 workers in the Bombay cot
ton mills have gone on a strike.
News comes via London. This
might have bullish effect on Liver
pool and our markets, as the large de-
chester. our mills and Japan, and some
see in this the explanation for the re-
cent purchases Of large blocks of cotton
by Japanese concerns operating In this
country, However, others claim that
before going to this bullish interpreta
whether the strike is not of an I'M
favorable political character as recent
news alludes to some unrest in this
quarter.-Clark & Co.
New Orleans.--A New York dispatch
says: There have been almost Sensa-
tional advances in the cloth goods
market Prices are up from one-half
TO cent yard and some of the big
buyers have been in the market for
hundreds of thousands of pieces of
goods which has bulled the market to
prices beyond anything every expect
ed. "-Shepard & Gluck.
New Orleans.-The market is falling
in sympathy with New York, where
there Is considerable effective hammer
ing going on.-S. G.
New Orleans.-Exports thus far on
the boards today amount to 24,10S
against 5.591 this day last year.-Shep-
ard e. Gluck.
New Orleans Saturdays sellers re-
bought, causing advance, which met
liberal realizing. Sentiment more d.
vided.--l1llis & Co.
New York,--Good tone and offerings
light, but market very small and thin.
Liverpool was very moderate buyer at
opening .-Gwathmey to Foster.
Grain.
Hog receipts: Chicago $4,000, Omaha
| 1880, Kansas City 5000, Sioux City
10000, st. Joseph 10000 st. Louis 81 900.
Chicago receipts: Wheat $4,000, corn
| 1000, corn 100000, oats 295, 600.
|
| corn $3.50 oats 100000 Shipments:
| Wheat $4,000, corn $4,000, oats $4,000.
Chica go-Wheat Director Barnes says.
| Farmers, millers and dealers, outside
Of the grain corporation, own 437, 900, O0C
| bushels wheat VS. 2q9, 900 600 a year
| ago Exports for last six months are
! SO, 600 900 less than a year ago Present
purchases, still to be shipped, largely
supply foreign requirements for a con-
siderable period"
Chicago--New York Produce exchange
office wires: The trade here is get
| ting much talk Of n strike In Argen-
tine and latest reports state it is
| spreading. '--Babcock
Chicago--Transporta conditions
are the big factories on both sides of the
| market The car situation is bad and
railway officials in the best position tc
| know say that while they are getting
| good promises Of a few more cars, they
| do not look for big jump in supply. As
| TO the movement of corn they say thai
all the corn moving is not coming t
| Chicago. Tribune.
Chicago-F'oreign political situation
and promises of increased supply O
cars were the selling arguments las
| week. Rumor of upheavals in Ger
many not true. Increased supply o
ears does not necessarily mean accumu
ations at Chicago, other markets be
ing relatively higher Depressions from
this level are not likely to be served
nor rInanent.-Babcock to Clark
Co
Forecast--Ilinois: Unsettled, warme
tonight, probably light rain or snow IL
north and east. Missouri. Wisconsin
Iowa and Dakotas: Part cloudy tonigh
and Tuesday colder Minnesota: Snow
and colder tonight and tomorrok. Ne
braska and Kansas; Part cloudy to
night ard tomorrow, colder.
Chicagoe-Cash corn demand littl
| irnnroyed Prices unchanged 10 lower