The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-12-31
ROUND THE TICKER
Cotton

-.
ing reports from retail dry goods es.
tahllBhmepts showing extraordinary
good business during the holiday period,
As Soon az people are q, little more
cheerful II will become apparent that
ron goods, = Ette,sop to Clark s. Co.
National Gfnners issues circular esti-
mating ginning past period 81. 900 bales,
against $4,000 last year and 303'OoV
same time two years ago, ~
New 0rieans Weakness OF Liver.
pool probably, due to continuation OF
the recent reversal of straddles, II
Is generally Understood Liverpool strad-
dlers are heavily short Of contracts
long interest s n their Market Slssp The
general situation continues bearish and
WE would advise purchases only on
good breaks.--Shepard.
New York.--The Daily News Record
says business men, financiers ana
economist are almost without excep-
ton optimistic as to THE outlook for
1891. Boston advices say 1t Is believed
that distressed stocks Of cotton yarns
have been fairly we'll liquidated.
Ion to Shepard & Chuck.
New York.-Fall River mills talk Of
reopening on Monday. hoping for bet
ter times. Associated Press cables re-
port England as taking gloomy view
of prospects for 1921,
Now Orleans. Spinners' takings win
not he filed until Monday, Jan. 3.
New York.--Liverpool was a buyer
and with room covering caused later
iump In market which carried prices
hack to last nights level. Private ca
bles say continued liquidation, poor buy
ing power no demand for spots and
undertoue easy--Fenner & Beane.
New York-So far demands have
only heen made for 400 bales out Of
the 1000 issued yesterday; all were
stopped by Hayden, Stone & Co.
Fenner & Beane to w. & q.
New York.--(iovernmen auction wool
yesterday Boston half million pounds
carpet wool quickly taken: bidding
to Reese.
New York.--Market small and mar
row short covering for over holidays
both locals and from New Orleans, their
market closed TODAY is cause of advance
Mitchell again helping market up with
the assistance of some other local bulls.
Market running into some fairly large
selling, orders at present.-OVerton TO
Neral.
New York.-Less desire to sell on
part of traders who are becoming i'm
pressed by changing tone for the better
amongst financial people.-Hubbard to
Reese.
New York-Those who expect to see
a resumption of demand soon that will
provide work enough for all the mills
will he disappointed, as most mer-
chants are agreed that conditions pre-
Guide any likelihood Of such.-Journal
of Commerce. s-r..
New Orleans -Spinners' taking past
week due Monday next Returns will
run against 900 last year and 324,-
900 in 1918; previous week were 256, 600
vs. 100000 last year and 299, 900 year
before last.--Beer to McFall
New York--Mitchell, Rosenberg, Wat.
erS and Liverpool buying: contracts
rather scarce.-Clevenburg to Turner &
Reid.
Gram.
Chicago. markets opened lower
on further profit taking and lack of
support from large interests late yes
terday. Russelis News says the British
commission reduced wheat prices two
export interests are slow with the Brit
ish waiting.-Cromwell to Shepard. &
Gluck.
Chicago-The commission demand is
fair in corn. Selling is mainly by local
traders, and a mixed trNa in wheat.
feature being the lack of important buy
inG.--Babcock to Clark & Co.
Grain forecast Probably rain or snow
tonight; Saturday colder.
Deliveries Wheat $4,000, corn $4,000,
oats $4,000.
Argentina cables: Weather cloudy;
rains in Argentina induced a fair
Exporters bought moderately; move
ment of feed rather light.-Rosenbaum
to Reese. Nr.t
Chicago reports 100000
bushels wheat taken for export; 49,
COO bushels corn, 100000 bushels rye.
Deliveries on December contracts so far
this month: Wheat 1,741,000 corn l.
1879, 900 oats tS5, 900, rye 1000, barley
299, 000-C. c. & Co. to McFall.
Chicago from Indiana. nli-
nois and Iowa indicate a slightly bet
ter movement next month. A local mil
Ter is especially inclined to believe in
higher prices. He Is getting more de-
mand for flour. Although both foreign
and domestic buyers do not wish large
quantities, there is a better feeling.
Wheat is becoming harder to buy, al
though $4,000 bushels hard winter and
As. 900 bushels No. Northern were sold
here for export.-Tribune.
. Chicago.-Cash corn starts about
three cents lower. Minneapolis cash
wheat cents higher Cash corn Chi I
cago now 2 to &c lower figured on
basis of May-C. C. & Co. to McFall.
Chicago-Reported IS, 900 bushels corn
sold to go to store. ~
Minneapolis-There is a good demand
here for cash wheat. Four cars Ca
madam sold 20 cents over our Decem-
Der. .-,.s rEf' IS
Chicago.-Big shorts in December
wheat and oats getting out of Decern-
Der by buying next month futures and
ha sto Mt
Chicago.-Wheat firmed on reports of
rain in Argentina and buying by locals.
Cromwell to Shepard & Gluck.
..>, 49,. Stocks, -,A'-.
New York. To-day ends a year of
probably even greater than that which
followed the Civil war. The high prices
Of commodities and securities will
doubtless. not be duplicated for many
years. as conditions everywhere are re-
turning to normal, which will mean re-
duced earnings per dollar investment,
II Is our opinion that further reduc-
ton in dividends may be expected dur
ing the next month. Probably in most
cases Industrial stocks have declined
sufficiently to have greatly discounted
the elimination of such distributions SO
this particular factor may not have
much influence on market fluctuations.
Reinvestmerit buying. should make its
appearance for few days and have
a tendency te.stiffen, Neutrality-suspicious.
lev to Shepard & Chuck
New Ycrk--Herald says: Another new
high record for, number of individual
shares traded in during a single SEES
sion was established yesterday when
424 separate issues appeared -on the
tape. The previous high record was
AIS, established few days ago, Rail
pools, as have practically all indus
trial pools, crawled into their holes aev-
eral, weeks ago and literall, pulled the
holes after them for period OF hiberna-
ton until the liquidation should be
over. Yesterday there were evidences
about the. commission houses that some