THE NEWS SCIMITAR
PAGE TWlNTY-ON&
COTTON GINNED PRIOR
TO JAN. 1, REPORTED
WASHINGTON. Jan. I. Cotton
pined prior to Jan. 1 amounted to
I0.O17.OS9 running bales. Including 110 -173
round bales, 33.147 bales of Amer-
lean-Egyptian and 6.710 hales
Island, the eensus bureau announced.
Prior to Jan. 1 last year ginning were
10,773.883 bales, Including 145. Ill round
hales. 17,570 bales of American-Egyptian
and SC.849 bales of sea island.
Oinnlngs by states with comparisons
follow:
1911. IMJ 1917.
Alabama 630.459 750.985 482, 695
Arizona 47,267 29,519 14,651
Arkansas 715,163 849,150 858.321
California ... 41.161 46.757 37.266
Florida 17.615 26.688 46.408
Georgia 1,637.738 1,952.787 1,768,315
loutsiana 291,222 524,341 600.439
Mississippi ... 823.082 1,049,859 S09.0M
Missouri 48,288 51,045 44,749
N. Carolina .. 789,053 768,948 543,782
Oklahoma .... 791.644 641.750 881.117
S. Carolina ...1,408.692 1.396.715 1.146.830
Tennessee . . . 239,878 282.045 200,427
Texas 3,465.377 2,479,472 2,975.001
Virginia 21.150 20.171 16.265
ethers 4.002 4,581 3,711
. Pound bales.. 110,373 145,618 184,104
Total U. S. 10,017,089 10,773,830 10.434,868
Clnnlngs of sea island bv states were:
l-'lo.ida, 2,886: Georgia, 660, and South
Carolina, 3,174
WEEKLY FIGURES.
LIVERPOOL STATEMENT.
1920. - 1919. 1911.
Week's sales. 43,000 7.000 ll.ono
American .. 21,000 4,000 8.000
JVd. Spins. . . 108,000 49.000 78,000
American .. 80,000 40,000 65,000
Total stock.. 835,000 453,000 471.000
American .. 618.000 285,000 307,000
Week's rets.. 69,000 48.000 95.000
American . . 46,000 46.000 62,000
Total since
Aug. 1 2,043,000 1,340,000 1,696,000
American ..1,437,000 1,074.000 1,401,000
Week's expts. 8,060
SPINNERS' TAKINGS.
American.
Week, 1920 411,000
Week, 1919 303,000
Week. 1918 346.000
Season, 1920 6,412,000
Season. 1919 6,526,000
Season, 1918 6.456,000
INSIGHT MOVEMENT,
NBW ORLEANS. .Ian. 9 Hester's
figures on movement Into sight:
Week. Season.
1920 403.548 7,686,913
1919 353,257 7,040.296
118 334,160 8,090,635
COTTONSEED OIL.
NEW YORK, Jan. 9. Closing prices:
Today. Prev.
January 21.90fii22.25 22.0O22.50
IVbruary 22.05fc22.15 22.10fc22.20
March 22.52fc22.55 22.5222.57
April 22. 45('i 22.60 22.52fc 22.60
May 22.77i22.8l 22.7702I.M
June 22.76fc22.95 22.50 22.95
' July 22.8922.93 22.8022. 91
August 28.85O23.10 22. 90028. 10
Total sales, 10,300. Tone, strong.
POTATOES JUMP AGAIN.
CHICAGO, Jan. 9. Another big Jump
took place today In the price of pota
toes. Compared with 24 hours before
the market was up 25c to 40c a hun
dredweight at $4.75 for Northern
whites, almost equal to the highest
record ever touched in Chicago.
COFFEE.
NEW YORK, Jan. 9. Closing prices:
Today. Prev.
January 15.98rl6.05 16.43
March 16. 38016. 40 16.78
May I6.F8fc16.59 16.93
July 18.71116 73 17.13
September 16.52016. 53 16.95
Coming Sunday
COTTON
STOCKS. GRAIN. PROVISIONS,
COTTONSEED OIL. COFFEE,
SUGAR.
Correspondence with responsible
parties solicited who are Inter
ested In the above-named com
modities, for immediate or future
delivery.
Private Wires to Principal
Exchanges.
CORRESPONDENTS.
H . & B. Beer, New Orleans.
W. J. Wollman A Co., New York.
Clement, Curtis 4. Co., Chicago.
O. A. McFALL
TELEPHONE MAIN 2536.
No. 12 NORTH FRONT STREET.
MEMPHIS, TENN.
Long Staples
) Columbia-Cleveland Ulg Boll (fVYX
Write for my 1920 Catalogue, giving full Aif
jjr descriptions of all cotton seed and all flSBf
nnrs 11 iiiiIhI- -
. I
Liverpool Is Irregular, But Big
rorwardings Domestic
V Markets Steady.
Friday afternoon. Jan. 9
irregularity prevailed In the cotton
market today, but the undertone was
steady on the average and apparently
bullish sentiment was more confident
than that of opposite sort. The census
report on ginning to Jan. 1 came about
us expected, showing 10,017. 0&9 bales,
compared with 10.773,863 last year and
10,434, S52 two years ago. For the
period ginning was 615,405 bales, com
pared with 492,724 same time last year.
I'M i. ..... : taiied to nave much elfftct,
having been discounted by the private
one oi a lew days ago, and also because
it was neither very bullish nor bearish.
The Liverpool market was irregular,
but some of the Information from thai
direction was bullish. Traders seemed
to be lightening their load of nearbv
positions, but at the same time ab
sorbing the distant ones, evidently be
ing attracted by the wide differences
and feeling sure that they are destined
to be higher later. Anticipation of bet
ter business after the formal signing
of the peace treaty, scheduled for to
morrow afternoon, also was a factor,
while some uneasiness over continued
strike troubles perhaps" contributed to
the liquidation of near months. Big
lorwardings from Liverpool, American
80.000 bales, compared with 40,000 for
this time last year, showed that the
mills were getting the raw material In
large chunks. Silver metal also was
up half a pence, which helped trade
outlook. Finals for futures were 31
points up, the weakness being in the
Rears, Spots were marked up 5 points,
fully middling to 30.04d, with sales 12,
000 bales, including 7,400 American,
while receipts were 23,000 bales, in
cluding 19,400 American. Manchester
advised that cloths were strong and
yarns active.
Domestic markets started slightly
lower and a little pressure sent the list
down farther, March opening at 86.40,
dipping to 36 25, and then Improving
when good buying orders came in, en
couraged by advices telling of good
business done in spots at some centers
in the South. Most of the strength
was in the fall months, but there was
not much selling in any of them. Fear
of domestic political troubles causing
delav in treaty ratification by this
country tributed to the dhrly selling,
but bulls were encouraged by the spot
news and prospect for large spinners'
takings, exports for the day also being
rather liberal.
In the afternoon March reached 36.75,
but buying power became less aggres
sive at the advance and the rise was
checked. Movement Into sight was
403,648, compared with 353.267, an ex
cess of 50,000 bales, while spinners took
411,000, against 303,000, an excess of
108,000, making a relative decrease In
visible American of about 58,000 bales.
Spot news was Indicative of better
demand and a rumor from New Orleans
had It that a large exporting concern
had bought 6,000 bales in one lot, while
a local story had It that the same firm
had bought a large line In this market.
Such rumors helped to stimulate sun
port. Demand continues to be for only
certain kinds of cotton, which are get
ting very scarce and are firmly held.
Other kinds are draggy, but holders are
not disposed to turn them loose at
prices offered, feeling confident that
thv will be wanted soon.
Futures closed 11 to 55 points up, tone
steady.
New Orleans closed 20 to 40 points
up, tone steady. Spots closed un
changed, middling at 41c, and sales
were 8,664 bales.
In the local market sales were 1.600
bales, making 14,400 for the week. Quo
tations were unchanged, middling at
40c. . ,
Estimated stock in the hands of lo
cal factors is 136.000 bales, compared
with 213,000 last year and 165.000 In
1917. Llnters In stock are 45,000 bales,
compared with 56,000 last year and 14,
000 In 1917.
MEMPHIS COTTON.
Memphis cotton closed steady and un
changed. Middling, 40c. Sales, 1,600
bales. Week's sales, 14,400 bales.
Today. Prev.
Good ordinary 29.00 29.00
Strict good ordinary 31.00 31.00
Low middling 33.00 33.00
Strict low middling 38.00 38.00
Middling 40.00 40.00
Strict middling 41.00 41.00
flood middling 42.00 42.00
Strict good middling 42.75 42.75
Middling fair 43.50 43.50
Yellow tinged, 200 to 575 points lower;
blue stained, 700 to 900 points lower;
yellow stained 700 to 775 points lower.
DAILY COTTON STATEMENT
1920, 1919. 1918.
Rets, today, net. 3,073 2.128 1,385
dross 6,975 2,553 3,171
Since Friday .. 18,762 11,902 10,966
Gross 39,003 16.500 32,716
Sin. Aug. 1, net.. 340,988 344,168 360.229
Cross 624,796 611,443 723,573
Ships, today . . 6,796 1,839 3,756
tlnce Aug. 1... .502,039 378,876 587,139
Stock on hand.. 241,887 290,635 279,481
Rots. wk. ending
Jan 9, net .... 18,762 11,902 10,986
Gross 19,003 16,500 32,716
Ships, wk. end
ing Jan. 9 ... 35,658 12,794 31,729
DAILY PORT MOVEMENT.
Middling
T'd'y. Yes.
41.00 41.00
42.75 42.50
39.50 39.50
40.00
40.00
3S.75
.... 40.25
40.00 40.00
39.25 39.25
39.25 39.00
39.50 39.50
Tone. Ret.
N. Orleans, sty.. 10, 370
Galveston, firm. 10,697
Mobile, sty 6,764
Savannah 3,634
Charleston 843
Wilmington .... 457
Norfolk 774
Baltimore, nom. 4,656
New York, sty
Boston, sty 70
Philadelphia, sty. 235
Texas City 878
Pacific ports ..17.631
Total receipts . .
Total last year .
Stock.
497,598
256,952
23,511
313.S73
67,102
60,610
89.76-
6.750
69,745
4,089
11,066
273
508
TOMORROW'S ESTIMATED
1920. LastWk. 1919.
N. Orleans.. 6,000fc 6,500 6,054 3,210
Galveston ..12,000013,000 17,359 10,291
I IN
HI
DAILY INTERIOR.
Middling
Tone. Ret Td'y Tes. Stock
Mxmthli. sly .. 1.(7 40.00 40 00 241.117
St. Louis, sty... 1.711 40.60 40.50 8, 001
Augusta, sty. .. 1,731 40.00 40 00 118.413
Ft. Worth, sty 42.H 43 26
Houston, sty. .. 1,723 41.75 41.75 222.447
ljttle Rock. sty. 577 4S.M 40.50 S5.881
Dallas, sty 2.741 43.80 43.10 11,171
Total receipts today 22.547
Same day last year 11,850
Spot sales: Augusta 796, Dallas 1.514.
Houston 1,416, Little Rock 415. Fort
Worth 2.173.
NEW YORK COTTON.
NKW YORK. Jan 9. -Increased un
certainty as to prospects for early ac
tion on the peace treat) and lower IJv
erpool cables had an unsettling influ
ence in the cotton market at the open
ing today First prices were barely
steady, with December 10 points high
er, but other months were nine to 66
points lower, with March selling off to
28.25 and July to 32.90. Liverpool was
a good buyer at this decline, however,
while there was very little pressure of
selling orders from the South, and the
market firmed up shortly after the
opening with March advancing to 36.47d
and July to 13.254, or back to about
last night's closing figures. The cen
sus report showing 10,017,081 bales
ginned to Jan. 1, was about as ex
pected. Trading was not particularly active
but the market showed a firmer tone
later In the morning, owing to the
bullish spot news, continued large ex
ports, and private advices from Wash
ington taking a more optimistic view
of ptaoe treaty prospects. Liverpool
was a god buyer of early new crop
months and October led the advance,
sdling 25 points net higher, while
March sold up to 36.70 and July to
33.41, or 11 to 20 points above last
night's closing figures. The advance
met some selling, believed to be against
Surchasea of spot cotton in the south,
ut the offerings were absorbed with
in a few points of the best with the
tone steady around midday.
Trading was quiet during the early
and inidafternon with fluctuations
somewhat 1 regular. On the whole, how
ever, offerings were quite readily ab
sorbed and the market ruled very
steady during the middle of the last
hour, with active months about 13 to
18 points net higher, while October
showed a net advance of 33 points.
Futures closed steady at advance of
H to 60 points.
Close
Open. High. Low. Today. Pre.
Jan 38.05 38.30 38.00 38.25 38.14
March .. 36.40 36.73 16.25 86.76 36.50
May .... 34.80 35.23 34.73 35.15 34.97
July .... 33.05 33.48 32.90 33.43 33.23
Aug 32.10 ....
Oct 30.45 20.95 30.33 30.93 30.55
Dec 30.05 30.50 30.00 30.50 29.96
NEW ORLEANS COTTON.
NEW ORLEANS. Jan. 9. The fact
that ginning in the period extending
over ill last half of December was
larger than that of last year, 814,000
bales against 493,000, caused selling of
cotton on the opening today and soon
after the first call prices of the more
active months were 23 to 28 points un
der the finals of Wednesday. Support
was received from traders who thought
that the ratification of the peace treaty
tomorrow would have a constructive ef
fect on world business generally and
at the end of the first half hour of
trading prices of the old crop months
were one to three points under Wednes
day's close. October did not share In
the initial decline and at the end of
the first half hour of trading stood at
a net rise of 25 points.
The large mill takings for the week,
411,000 bales, against 303,000 this week
last year and 346,000 this week two
years ago, carried the market to new
high levels for the day. At 1 o'clock
the trading months were at net tgalns
of 22 to 40 points.
The reported sale of 5,000 bales of
spots by a local house to Japanese in
terests Increased the demand. Toward
noon prices were 2 to 25 points higher
than the closing quotations of Wednes
day. Spots closed steady and unchanged;
ordinary, 27.00; good ordinary, 29.00; low
middling, 33.50; middling, 41.00; good
middling, 43.00. Sales on the spot, 6,879;
to arrive, 1,785, Delivered on contract,
600. Of sales 5,300 were on hedge basis.
Futures closed steady at advance of
20 to 40 points.
Close
Open. High. Low. Today. Pre.
Jan 39.50 39.90 39.65 39.90 39.60
March .. 87.60 37.98 37.47 37.93 37.70
May .... 85.50 30.08 36.47 35.96 16.75
July .... 33.76 34.20 33.70 34.14 33.94
Oct 30.80 31.00 30.56 30.95 30.55
Dec 30.25 29.85
LIVERPOOL COTTON.
LIVERPOOL, Jan. 9. Cotton, spot In
moderate request; prices higher. Oood
middling, 31.29d; fully middling, 30.04d;
middling, 28.79d; low middling, 26.24d;
good ordinary, 23.29d; ordinary, 22.29d;
Sales, 12,000 bales, including 7,400
American. Receipts, 23,000 bales, in
cluding 19,400 American. Futures closed
Irregular; January, 27.62d; March,
25.94d; May, 24.38d; July. 23.09d; Octo
ber, 20.90d; December, 20.31d.
Close
Today. Prev.
.Taruary 27.62 27.94
February 26.10 27.14
Alarch 25.94 26.24
April 25.23 25.60
Mav 24.38 24.60
June 23.75 23.96
July 23.09 23.26
August 22.40 22.51
September 21.70 21.74
October 20.90 20.94
November 20.48 20.60
December 20.31 20.28
Contracts closed irregular at decline
of 34 to advance of 3 points. t
LIVE STOCK MARKET,
MEMPHIS, Jan. 9. Hogs Receipts
light; higher; heavy, J14.2514.75; me
dium. 114. 00)14. 50; packer sows, 111.00
12.50; plgB, fat, $12.0013.00; Blockers,
60 to 80 pounds, 110. 00011. 00; 80 to 125
pounds, 111.00012. 00.
Cattle Receipts light; steady; steers,
Bhortfed, heavy, 111. 60012. 50; light
butchers, 18.50W10.00; thin common 18.50
(08. 00; choice light stockers, 17.0007.50;
butcher heifers, 17.0009.00; fat cows,
$7.00g9.00; cutters. 16.5006.60; canners,
14-4005. 50; veal calves, good, 112.000
14.00; light and poor, 17.00 0 8.00; heavy
spring, good and fat, 18.00 010.00; poor
and thin, 15.0006.00; bulls, fat, 17.000
8.00; medium, 15 60 0 6.50; milch cows,
medium, 150.OO75.00; good, 1100.000
150.00.
CHICAGO, Jan. 9. Hogs Receipts,
28.000; 15o to 25c higher; bulk, 114.650
14.90: top, 114.96; heavy, 114. 60014. 85;
medium, 114.70014.90; light, 114.250
14.95; pigs, 113.500 14.50.
Cattle. 6,000; firm; choice heavy
steers, 118.75&20.00; medium, 111.260
18.75; common, 19.000115; choice lights
114.25W19.25; common, 18.25014.25;
butcher heifers, 16. 50( 14.75; cows. 16.50
018.75; canners, 15 2506.60: calves,
116.50017.75; feeders, 17.50 012.50; stock
ers, 16.50010.50.
Sheep-Receipts, 8.000; higher, laimhs
117.25019.65; culls, $1 3.50 16.75; good
ewes, 19.00011.75; culls, 15.00 0 8.50.
ST. LOUIS, Jan. 9 Hogs .Receipts,
16,000; 25035c higher; top. 115.35; bulk,
I15.1O015.3U; heavy, 114.86015.16; me
dium, 115.00015.30; light, 114.40015 30:
pigs. 11 1.50f(j 15.00.
'at tie Receipts. 4,000; steady; 25c
higher; choice heavy steers, 116.000
18.00; medium. 111. 00016.75; common,
I9.0010.T5; choice lights, 113. 50017. 00;
common, 18.00012.85: butcher heifers,
I7.0016.00; cows, 17.00 0 12.50; canners.
15.1006.75; calves, 113.500 17.60: feed
ers. 18.60 012.00; stocked, 7. 00010. 50.
Sheep Receipts, I.U0U; steady to
strong. I.ambs, $ 16.60fr 1 9.00 ; culls, 18.50
016.00; yearling wethers, 112.00016.25;
( hoice ewes, 17. 50010. 25; culls, 14.000
7.00.
KANSAS CITY. Jan 9 Hogs, 5.000;
10c to 2."c higher. Bulk, 114. 6u4j 14.85;
heavies. 114.10014.10; mediums, $14,600
16.00; I, his. $14.10i14.85, pigs. 112.500
14.75.
Cattle, 2.800; steady to 15o higher.
Choice heavy steers. 117.00818 75;
medium, $13.50fi:i6.90; common, 110.750
13.10; choice lights, 113.10017.90, com
mon. l8.25-ai3.00: butcher heifers, 16.75
fj 14.35; cows. 16 65012.40; canners. 15.26
6 65; calves. fl3.0otfil5.50; feeders. 17.75
013.15; stockers, 16.00lrl0.65.
Sheep, 1.500; strong to 40c higher.
I,ambs, f 17. 251 18.75; culls. 110.50017;
yearling wethers, 113.50015.75; ewes,
$8.25010.60; culls, 54.00?iS.OO; breeding
ewes. 18.00Stl4.oo; feeder lambs. 114.50
ti 17.000.
LOUISVILLE, Ky.. Jan. 9. Hogs:
Receipt. 1.000; 25c tj 50c higher; 120
iKiunds up. 115 00 : 90 to 120 pounds,
113.75; 90 pound down. fll 75; throw
outs. tl2 75 down.
Cattle: Receipts. :'O0, quiet, steady.
Heavy steers. 112.600 1 1.00. beef steer?.
$8 60i1.50; heifers. 18.O0Jil2.0O; cows,
$5.(i0fi 11 00. feeders. tl.Ou'y 1 1.00; toc-K-sra.
IT.MtJ 10.00.
Sheep: Receipts. 60, steady. Lambs,
114.00, shea. 17 00.
FROM WALL STREET
Trend of Prices Irregular in
Listless Opening, But Cer
tain Oils Are Strong.
NEW TORK, Jan. I. -The Irregular
nuige of prices at the listless opening
of today's stock market continued to
express tile mixed views of trader
Several of the high-priced oils were
strong, while those of less prominence
recorded moderate reactions. The same
uncertain course was followed bv mo
tors and accessories. United States
Rubber was slightly lower st the out
set, but soon strengthened on the 12'.
per cent stock dividend declared fa
terday. Steels and equipments moved
within a limited area and rails were
occasionally quoted.
The monotony of the noon hour was
relieved by a moderate, but general re
bound of steels, equipments and oils.
The early losses in these group were
fully restored, while specialties, includ
ing U. 8: Realty, added to their previ
ous gains.
LAST SALES.
(By the Associated Press.)
Allis-Chalmers
51 i
93 ty
56 V,
140
118i
101 1,
68
IMU
91
97 V,
63 h
4Vj
170
120
321,4
98
132
98U
65
36S
37K
sita
2l5i
62
13
168
221
81
78H
5
11014
8l
1104
33
213 '-i
24 V
51
25
ml
26
98
80
41
42
38
27
21
M
46
102
22
108
U
220
92
122
125
114
184
106
77
53
30
270
91
12
7
76
197
69
116
-04
40
American Beet Sugar ex.-div
American can
American Car & Foundry
American Hide & Leath. pfd. (bid)
American Locomotive
American Smelting & Ref'g. ...
American Sugar
American Sumatra Tobacco
American T. & T
Anaconda Copper
Atchison
Atl., Gulf & W. Indies
Baldwin Locomotive
Baltimore & Ohio
Bethlehem Steal "B"
Canadian Taciflc
Central Leather ex-div
Chesapeake & Ohio
Chicago. Mil. and 8t. Paul
Chicago, H. I. & Pacific
Chlno Copper
Colorado Fuel and Iron
Corn Products
Crucible Steel
Cuba Cane Sugar
Erie , '
General Electric '.
General Motors, ex. dlv '.
Goodrich Company
Great Northern, pfd.
Great Northern Ore Ctfs
Illinois Central (bid)
Inspiration Copper, ex. dly
Int. Mer. Marine, pfd
International Paper
Kennecott Copper
Louisville & Nashville (bid)
Coca-Cola
Maxwell Motors ........
Mexican Petroleum
Miami Copper
Mllvale Steel
Missouri Pacific
New York Central
K. Y., N. H. and Hartford
Norfolk and Western
Northern Pacific
Ohio Cities Gas
Pennsylvnala
People's Gas
Pittsburgh and West Virginia ...
Ray Consolidated Copper
Reading
Rep. Iron and Steel .'
Sinclair Oil and Refining
Southern Pacific
Southern Railway
Studcbaker Corporation
Tennessee Copper
Texas Co
Tobacco Products
Union Pacific '
United Cigar Stores (bid).. ..
V. S. Ind. Alcohol
United states Rubber
United States Steel
Utah Copper
Westinghouse Electric , , ,
Willys-Overland
American Tobacco (bid)
Atlantic Coast Une (bid) '
Gulf States Steel
Seaboard Air Line (bid) . . .
Sloss, Shef. Steel & Iron
United Fruit .
Virglnia-Caro. Chem '.'.'
A. I. C.
R. D. N. Y
Tex. Pae ""'
GRAIN MARKETS
Moderate Selling in Early Ses
sion Brings Moderate Set
back in Grains.
CHICAGO. Jan. 9 Selling on the
part of seasonal traders who were en
deavoring to anticipate a break In
prices not unusual at this time of the
year had a bearish effect today on the
corn market. Opening prices, which
ranged from He off to c advance, with
May 11.36 to $1.86 and July 11.34 to
31.34. were followed by a decline all
around to well below yesterday's fin
ish. The close was weak, Ug to 1c net
lower, with Miv II :i",l. tn tt ru ......
July 11.31 to $1.38.
v.ui3 wcaneneu wicn corn. After
opening unchanged to higher,
Including May at 84 to 85c, the mar
ket underwent a moderate setback.
Provisions were lifted bv the strength
of the hog market.
In late rallies, May lard and ribs as
cended to tlte highest levels yet this
season .
Close
Open. High. Low. Today Prev.
Corn
Jan. ... 1.41 1.41 1.4tt 1.49
1.40
1.36Vti
May . . . 1.3614 137 1.35 1.35
jury . . 1.34 1.35 1.33 1 33
33 1.34
(late
Mav . . .84 If
15
78
.84
.77
.84
77
.84
.78
July ... .7814
Foru
Jan. . . 37.50
May .. 39.00
I.ard
39.00
40.00
24.65
25.60
21.00
21.30
37.:
81.1
39.00
39.10
24.45
25.45
37.00
38.20
23.92
24.95
20.47
20.70
Jan. .. 24.05
28.97
24.95
May . . 25.05
Rlha
May .. 20 60
July
20.57
20.85
20.85
21.25
Cash corn. No. 2 mixed, 11.54; No. 2
yellow, unquoted: No. 3 yellow, 11.51
S1.64.
Oats, No. 2 white, 87U3'ic; No. 3
white, 86087c.
Rye. No. 2, 81.83 (g 1.85 : harlev.
$1.4301.58; timothy seed, $?. 00 13.00;
clover seed. $46.0052.00; nork, nominal;
lard. $24.45; ribs. $19.2D20.00.
KANSAS CITY. Jan. . Cash wheat
about unchanged; No. 1 hard, $2 82r
3.03: No. 2. $2.80si 3 00; No. 1 red. $2.72
g2.73; No. 2. $2.702.72.
Corn Unchanged to 1r lower; No
mixed. $l,H6l.il ; No. 2 white, $1,140
1.55: No. 2 yellow, $1 68r1 .54
Oats Steady to c higher; No 2
white, 88Htfr89c; No. 2 mixed, 8789c;
No. 2 red. 90c.
Rye $1.75.
ST. LOUIS, Jan. 9 Corn.
No. 3,
$1.53; No. 3 yellow, $1.56wl.57.
Oats, No. 2, 91c; No. 3 white, 89Urd
$9c
SUGAR
NKW YORK. Jan. 9 Raw sugar
strong: centrifugal, 13.04c; granulated,
firm, 15.20016 00c.
THRIFT WEEK WILL
BEGIN0N JAN. 17
Representatives of banker, real es
tate men. Insurance men. ret.iil mer
chants, the Ch imber of Commerce and
the Y. M. C. A., met in the board of
directors room of the Union and Plant
ers Bank and Trust company Krdav
afternoon to plan for the observance
here of thrift week, which is to be ob
served throughout the nation durin?
the week of Jan. 17-21. The purpose
ef the undertaking Is to promote a
spirit of thrift and to draw attention
of the public to certain lines of Invest
ment that every family should make
provision for. in view of the welfare of
the individral and the nation.
Bach day of the wek l to he desig
nated for a special purpose. On Thrift
Sunday, the ministers of the city will
be requested to call attention to the
Importance of thrift In their addresses,
There wiil be 6 "Make Your Will" day,
"Pay Your Bills" day. "Own Your
Home" day, "Life Insurance" jay, and
other especially designated days.
KICKID LAD IMPROVES.
Billy CMnshaw, ll. Trenton. Tenn .
who was kicked in Die bv
mule Wednesday, continues to improve
at the Baptist Memorial hospital, where
aa was taken, following In gaiahap.
ROUND THE TICKER
Cotton.
New Orleans Markrt working high
er. owing reported large pot sales here
today, some of cotton bought was cot
ton (hat was delivered on January con
tracts, showing there la an outlet for
fcamt. Of the 121,000 on shipboard
here, asainst 37,000 last year. 83.000 for
Kuropean ports other than Britl.sh
against only 70.000 last vear. of which
62.000 were for Mediterranean porta,
against none last year Beer t'i Mc
Kall. New Orleans (islveston clears 37.580
bales of cotton for export. Penaamla
clears 8n. making 33.400 thus far.
against 32.004 this day last year
New Orleans Rallied on rumors sev
eral large spot deals pending, large ei
lprts. Galveston clears 3,000 bales. -Kofler
New Orleans Adverse legislation, un
settled political outlook and bearish
glnners' momentarily discouraged buy
ers. Easiness may continue, hut fun
damentals against sustained declines
Newburger & Co. to Foster.
New Orleans Favor buying cotton,
looks higher Large spot sales Liver
pool. 12,000. Steel strike settled Rati
fication peace treaty In Europe tomorrow-
at 4 p.m. Cotton goods strong and
higher Beer to Mi-Fan.
New York-Market U so very dull
and trading so mixed very hard to ex
press opinion Looks like trading mar
ket for present. Prefer buying side on
dips Owathmey to Foster
hw T.ftrk -RresMent'i letter appsr
enuy makes deadlock on treaty wor.e
marrketPr,bJy,e!:L U.f. " l dT""
.. ., , Zlm "i uvibm purcnases
etbacks Cleve to C. T.
New Orleans -With spots In good
nemand we continue to advise pur
chase on good breaks Weld and White
to Cotter & Turner.
New Tork wires: Bmall business.
Heavy on confirmation glnners' figures
Harding s speech In Boston again on
lines of conservation, gradual return
to normal conditions. Beer.
Liverpool cables. "Some continental
buying, chiefly October. Little for sale
'ater Manchester, local trader selling
possibly on disappointment no Im
provement position molders' strike.
Nome liquidation near and bears ham
mering. May Improve.
New York Business smallaer here,
bears hammering Weld,
i Msns.--I addition reported
sale 5.000 to Southern Products Co.
here today understand other eople
dickering for large line of 2.500 bales
Looks like reul revival spots demand
here Beer to McFall.
New Orleans census consumption
reilOrt fOI- I e, Hlnlw.r H.te T .. I. .. ..
ably be bullish. Beer.
New York TMnU Ik... I.
slsed short Interest in Wall street and
wu professionals as sentiment has
been working against market all this
week using adverse news to hammei
markct Strength In spot situation md
continued trade buying gives market
good undertone.-McFadden to McFall.
New Orleans. Sterling 374, up V
marks 188, down 2 points; francs 11.20,
up one centime. London silver 78d
up d.
New Orleans reported firm. Some
people doubt sale of 5,000 bales hero to
day. We hear from reliable source
transaction was made Large exporter
just In from market reports a distinctly
better demand for spots here. Beer to
McFall.
LONDON Iron molders who have
been on strike 16 weeks, have rejected
a settlement negotiated by their lead
ers. New Orleans Definitely announced
that Kuropean peace treaty will be rati
fied tomorrow at 4 p.m., when all war
restrictions in Kurope, except with U
8., will be lifted. Will probably create
a bullish feelln gabroad next week
Beer. Oram.
Hog receipts: Chicago, 21,000; Omaha.
13.000; Kansas City, 4,500 Sioux City
9,000; St Joe, 8,000; St. Louis, 16.000.
Chicago Receipts: Wheat, 83,000;
corn. 321.000; oats. 321,000. Shipments;
Wheat, 129,000; corn, 103,000, oats,
234,000.
St. Louis Receipts: Wheat. 50.000;
corn, 61,000: oats, 68,000. Hhlpments:
Wheat, 44,000; corn 47,000; oats, 46,000.
Chicago Iowa wants to sell corn but
oars are very scarce.
Chicago Grain bulls conservative.
Car shortage apparently so acute that
It Is partially cancelled as a serious
factor. While interior corn belt bids
are strong the question of securing
shipments overhangs the markets.
Hoover's Kuropean estimates are
friendly to all grains, but one local es
timator believes the U. S will wind
up the crop year with a wheat surplus
of over 100,000,000 at least. Enough rye
and oats export business proceeds to
sustain these markets. The corn and
oats news is firm, but much conserva
tism exists -Wild,
Chicago The high price of wheal,
rye. barley and oats preclude the pos
sibility of much decline In corn and until
there is a much easier tendency shown
we must expect declines to he short
lived, it looks as though the foreigner
would be right here with his buying or
ders on any break. The local contingent
are Inclined to work for a downward
reaction in corn. -T. & M. to Clark &
Co.
Chicago. St. Iuls wires only 27 cars
of corn there today. Most advices
show no chance of increasing receipts
In near future. Hoover out with anoth
er review of world's foods. Says the
Americsn surplus la sufficient, hut only
by a narrow margin -Wild to Hhepard
& Uluck.
Chicago Central Illinois reports show
outside markets outbidding Chicago ;!
to 6 cents for corn and 2 to 3 cents for
oats. Wild to Shepard & Oluck
New York. With the exception of a
possible authorisation for a credit of
$200,900,000 of $300,000,000 for the relief
of starving people of Europe, Gov. Har
ding, of the federal reserve board, sass
there is no probability of further gov
ernment loans to finance exports
Clark & Co.
Chicago Good demand for domestic
oats Business restricted by uncertain
ty of shipping condition. Bids for good
mixed lots are here.
Stocks.
New York -Steadiness in Liberty
bonds and Victory notes on days ot
heavy selling regarded a good Indication
of buying power that It is comprehended
by those who are engaged In operations
for short account. Baldwin Locomotive
spoken of as being on way to much
higher figures. Buying of United States
Steel common regarded as significant
Talk on copper stocks bullish The
Willys-Overland company has declared
usual quarterly dividend of l'5c a sluire
on the common stock, payable Feb. I,
holders of record Jan, 20.
MONET.
NKW YORK. Jan. 9 Mercantile pa
per. 6: sterling 80-day bills, 3 69V,;
commercial 60-day bills on banks.
3 69; commercial 60-dav hills. 3 69Vt;
demand. 1.71; cables, S 74.
1'rancs. demand, 11.16; cablet, 11 14,
Guilders, demand. 27: cables. $7,
Lire, demand. 13.45; cables, 13 42.
Marks, demand, 199: cables, 200
Government bonds heavy; .ailroad
bonds Irregular.
Time loans strong: 60 and $0 days and
six months 7 per rent.
VISIBLE SUPPLY.
NKW ORLEANS, Jan 9. Hester's
figures on visible cotton suppiy. with
comparisons:
1920. 1919
American 4.44.'., 90 3 til 511
Other kinds l,289,Ooo 1,202,000
Total all kinds 5,734.980 4.653.J31
VARIATIONS DURING WEEK.
American '7,880 49,13
Other kinds 11.000
Total visible "4.120
Decreas". "Increase.
NO INDICTMENT
FOR JEWEL THEFT
"Void" was n.ark.-d on (lie Inttlctmei f
against V II Stevenson, accused of
breaking the glass of the iewelry Fton
of Joseph-Myers. Inc., North Main
street two w-ks ngo. tack of witnesses
to Identify Sievenson hs the man who
broke the window of the store with a
hatchet and run away with a tray of
diamonds prevented the returning of a
true bill.
It win. sinied following Friday's
grandjury session that invesiiguil .n of
Stevenson's connection wi'h th- affair
during the time Intervening between
uow ana toe nexi verm.
Cole-Mel Co. r
; III esesaasaeaaa.-eaaa8t
MISCELLANEOUS
SAVANNAH, Ga., Jan. 9 Turpentine
firm; $1.76; sales, 202; receipts, 81; ship
ments, 303; stock, 14,016. Rosin firm;
sales, 207; receipts, 620; shipments,
1,599; stock. 48,077. Quote: B., 117.00
ST 17.10: B. $J. F., $17 10'ti. 17.20; G , $17.15
017.26; H.. fit.2sV17.15; I., $i7.10l7.30.
K., $18.50011.65; If., $19.35; N, $20.30;
Wg., $20.25; WW., $21.25.
KANSAS CITY. Jan. 9 Butter,
creamery, one cent lower; extras, 57c:
firsts. &5e: seconds. 53c; packing un
changed, 40c.
Hggs and poultry unrhsnged.
Potatoes, firm, $4.25414 76
CHICAGO, Jan. 9 llutter. higher;
creamery, 5363c.
Uggs, higher; receipts, 1,503 cases:
firsts, 71c; ordinary firsts, 6688c; ut
mark cases Included, 64 70c.
l'onltry , alive, lower, springs, 27c,
fowls, 2630c
NKW YORK, Jan. 9. Butter, quiet:
creamery, firsts. 60(j65c
Kggs, firm; fresh gathered firsts.
U&82c.
Cheese, irregular; average run, 30ij
mc.
Poultry Live, firm; chickens, 34c;
fowls, 3638c; turkeys, 40c. Dressed
steady and unchanged,
OiUCAOO, Jan. 9 Potatoes, strong
arrivals, 17 cars, Northern whites. $4.75
pei cwt ; Western Kuasots, Jobbing,
$5. 50.
ST. LOUIS, Jan. . Poultry and but
ter, unchanged.
Kggs, 65c. .
NKW YORK, Jan. 9 Copper, firm:
electrolytic, spot and first quarter, I9V4
i pc .-. Iron, firm and unchunged.
Antimony. 10.26. Melal evchange quotes
lead, nominal; spot and Ian , 8.50j9.no
Zlnce, strong; Kest St. Liuls, spot, 9 32
9.47. At tandon, standard copier,
spot, 117. 12s Kd: futures. 120. 2h
6d; electrolytic, unol. 123; futures.
125. Till, spot, 372. 6s; futures,
374, 12s d. Lead, spot 46, 17s 6d.
futures 48, 10s. Zinc, spot, 59; fu
tures, 61.
PORT WORTH Tex., Jan. 9 Cattle.
Receipts, 1,600; strong. Beeves, $8.004t
12.00.
lings Receipts, 1,800; steady to 10c
higher. Heavy, $14.7514.K6.
Sheep Receipts, 150, untested, tambs
I1I.M91I.I0.
BOND CLOSING
NKW YORK, Jan. 9 - Prices of Lib
erty bonds at 2:56 p.m. today were.
3Us
99.80; first 1. :..u , second if,
first 4!s, 93 30; second 4',is.
third 4is, 94.56; fourth Cis.
Victory 34s. Victory 4s,
91.92;
92.41;
92. 6C.
99.00.
DOW JONES SUMMARY
NBW Y(KK. Jan. 9. -Union leaders
csll of steel strike
1'nltwJ Htates Rubber company de
clared stc k dividend IJ4 ir cant on
common stock in addition to regular
quarterly dividend of I per eeftt Divl
di nds puysble Jan. 31 to stock record
Jan. 15
President Wilson and Rryan split on
peace treaty. Wilson wants people lo
vote on Issue, while Hryan f;iv.rs coin
promise
Board or estimates to consider appli
cation of traction companiee (or l-cent
fare today.
Bankers heer arranging to ""St -000,000
Italian government bonds uini. i
arllten bv Italian banks.
Ratification of peace treaty sched
uled for Salurrtav In Paris
Swift & 'o. year ended Not I earned
19.24 a share on flock, against 818 41
In preceding year.
Average 20 Industrials I07.i"i4, otf 31
Twenty rails 71 r.o. off .11.
United Statei Weather
Memph
Tenn.. Jan. 9. 1920.
a.m. Low. nigh. Rain.
7
Atilene II 1 M
Atlanta W M 62 .12 !
Birmingham 42 42 ts
Cairo 24 22 II .66
Chattanooga -48 41 60 .42
Cincinnati 10 !'i 34 86
Corpus Christ! ...36 36 .00
El Paso 24 20 30 .00
Port Smith 22 22 34 .14
rjalveaton '8 34 56 .70;
Hatteras 58 51 ."-j
Knoavtlle 60 13 52 .14
Little Rock 26 ll 34 1.16
Louisville 32 II -'A 1 In
Macon 0 60 ,08
MEMPHIS 30 30 :; 1 ts
Montgomery 54 54 70 1 22 j
Nashville 34 34 52 1 !"!
New Orleans 4 4 71 .26 '
Oklahoma City ... 12 19 24 .84
Parkersharg 34 14 M 1 t
rensacolll 60 60 2S
Pittsburgh 36 M 58 .81
Raleigh 60 M M I
San Antonio II 51 ::i .00
ghrevenorl 28 2s 42 .26
Mp-'.ngflrlil, Mo. M 14 J2 .70
Kksburg 36 36 72 1.00
Expert
COTTON
Salesman
Bailey-Ball-Pumphrey Co.
Third Floor,
Liberal
Advances
MONEY
Dockery&Donelson Co.
COTTON FACTORS
48 South Front Street.
SLEDGE & NORFLEET CO.
Cotton Factors
MEMPHIS MARKETS
(Quotations represent prices from
Jobber to retailer.)
Grain and Feedstuff!.
( ia ts--White, dray lots. II 07; mixed.
tl Oh.
chops Per ton, lesa than car lots.
167.00.
CornHacked, in dray load lots, Nj.
2 white. 81 80; No. I mixed, 11.79.
Mill reeds pray load lots, ton, bran.
$48 00; shorts. gVay. $69 00
Hay Timothy, less than car lots. No
1. $39.00; No. 2. $36 00; alfalfa, choke,
nominal. No. 1, nominal; No. 2 nominal
Fruits.
Lemons Per box, $4.0O(i4 50
oranges- Honda, H.0064M; Califor
nia, $4 50ft4 75.
Bananas- I'ountl, 7(i7Vic.
Urieu Fruit Evaporated apples. 138
II Ho; peaches, 24V4425c; prunes, lb.,
nominal: apricots, nominal.
Cocoanuta Sack lOfl, nominal
(irapcfrult - New Florida, $4 -'54(4 50.
Apples Barrel stock, Jonathan, $10.00
4i 1 1 On; Wlnesaps. $9 OOfc 11.00, York,
I7.SO0I.I lahoe, $(io0nn: Ban Da
vis, 7.K)4i 1.80; box, $l.l5tj$.V0.
Cranberries -Bsnei, $1000411050.
Provisions.
Dry Salt Meats llegular. 20fc20c;
exinis. 20 ' 20 jO.
SiiKar Cured Meats Standard hams.
iiaiic.
Baoon Fancy selected, totiiSc
Lard Pure hog lard. 26'j28c; best
compound, lbs. IlwlsUc; snowdrift.
114. 00914. M: cottcdene, $13.nvfi 14 .00;
Crtsco, $1 l.tSfl 12.00; cooking oil. lb, 28c.
Dressed Hogs 10 to 60 pounds, ib ,
lltJIOc: larger sizes, one cent lower.
Cottonseed Products.
(Merchants Exchange Quotations 1
' tude oil, basis prime, f. o. b. in i lis.
20c; hulls, loose, carlots, $8 OOjj.
9.00; meal. 7 per cent, Ion. $'9.50.
Groceries.
flour Band. 24-lh -ae's. $12 508'
14 00; self-rising, $11 95 6 13.50.
Meal -Cream, bags. 100-lb. sacks,
$3.90; .".'i. lb sacks, $3 95 5-tb. sacks.
$4.Io, 10-4. sacks, $130. burlaps, 20c
extra; standard, 40c lower
SugarStandard granulated cane,
loo; clarified. 19c.
Hlce Il.ad, pound. 13Vrhl4e; broken,
9'4c
Coffee Arbuckle's roasted, case,
Memphis basis, 42. 20,-, rousted, bulk.
per lb. nominal; green common ordi
nary, 10 lie; .lava. II048!.
Produce.
Egg Kresh candled. 65tf 69c, storage.
:,o as;.-
' n . r Kreh creamery, rd prints,
11011c; country butter, 4045c; retio-
s.it.-d. 60fj62e.
Cheese - Cream prints. 35'u36i
Poultry Due ifnc: hens, alive.
'7'n2sc: dressed. 3'(r34c: roosters. 14
18c; geese, Zlftftr; turkeys, live, 40
III diessed. 5A4Tc.
Rabbits- Doirn choice No 1, $,1259
3 5"; No " i 50)2 no
Hides and Wool.
Hides No. 1 green salted. 26fd26o:
rartlv cured. 2311 24c. green, 27 ilc.
r'ao aged culls, half price, dry flint, 36
'a 37c drv salted. 34ifr35c.
No 1 horse hides, $6."0!7.u0; No. 2
horse hides, $C uO'jt'.OO. glues and ponlcn
belt price.
Shrepaklna, BOclMS.00; shearings. 25
'.i5'ie. sk'ns. 75cj$1.5; dry culls,
half pi ici
Nu 1 tallow, 8IJ10c, No. 2 tallow.
Cheap
Storage
Falle Building.
Low
Interest
Memphis, Tennessee.
10T AMI to
SOITTH FROHT T.
HEM PHIR,
I ?! I ...... . n K r i . - .
'-.l. ., P! ,.,'- K 1 1 1 he fl U. I
I 14.00: (loliien Seal. 14.008 5.00, -
i wool Tub washed, 6575c: clear
i:i. .is,-, no,)!;.-,,, light burry grease, tt
tj 10c; hard hurry grae, 25IOe.
Vegetables.
i Beans Navy, per lb., ic; Lima, tier
lb., 14'it15kc.
PeasCalifornia black-eyed, per Ib ,
Onions -Sacked, 100 lbs.. 18 5O7.00;
Spanish, crate, $3.25; California, cwt.,
$6 50.
Potatoes Cwt., all varieties. $4 759
6.15.
Peppers Hamper. 13.50.
Cucumbers Hot house, $2 00tj2,50 per
dozen
lettuceCalifornia, crate, fl.lt.
Celery Bunch, Michigan, none; Cali
fornia. $1 2511 1 50.
Cauiiftawer Crate, $J.00tf3.26.
Tomatoes Lugs, Texas 4s, $3.50; Oil.
ban. $5.
Sweet Potatoes-Bushel, $1.2681 50
Carrots- Bushel basket. 82.00
Cabbage Northern, cwt., ft.OO0l.ttl
Texas, 36.50.
Lgg Plants- Dosen. 12.003 00
LOCAL SECURITIES,
Quotations sic unofficial, being se
cured from the most reliable sources
and are based on the last known salo
and bid.
BANK STOCKS
Bid Asked.
American Havings 400 450
Bank of Com. A Trust Co.. 300 307
Central-State National 110 115
Com. Trusl and Savings ... 260 Ho
Depositors' Savings 100 105
First National 210 210
(iuaranty Trust Co 140 150
Liberty Savings 160 180
Manhaltan Havings 600 600
National City Bank 140 168
North Memphis Savings ... 250 260
Peoples Savings 140 150
Security Bank Trust Co. 10 fu
Stale Savings ISO 27
I nion and Planters 220 22S
MlSi KLI.ANKOP8 STOCKS.
Exchange Building Co. ... 104
10C
Memphis Terminal Corp. . 25
Hernando Insurance SO
(layoso Hotel 6.7
Phoenix Cotton OI) Co. ... 180
Win. It. Moore I). Q. Co.. 260
30
85
90
171
276
14
100
CITY BONDS.
Mempliln Schools 4s 80
Memphis School 44k. 1821.. 98
Memphis Kfdg. 44s, 1938.. 91
MISCKLLANEOCS bonds.
Memphis Water 4s 16
Memphla L A. P. Co. 5e 83
Equitable Qaj Co.. 5s. 1921. 18
Linden Station 5s 9
Memphis S( Ry. 5s 75
Uayc so Hotel 5s 96
Am Bag Co. Cs. 20-yr...'. IS
Nineteenth Century Club 6s 95
Memphis Terminal Ss .... 95
S. Memphis I.and Co 103
COCNTY BONDS.
Shelby County 4s 83
Shelby County 4V?s 15
Shelby County 6s. aeoording
1W
90
89
19
100
77
91
100
100
10V
1UI
4
It
110
100
II
Ml
111
91
II
to maturity 114
Lake County, Tenn If
LEVEE BONDS.
Miss. Levee i V 96
Miss. Levee 5s 110
Miss. Levee 6s, 1124 ...... 107
Yazoo -Miss. Rfd. 4s St
Yaioo-Mlss. Rfd. 44s. 1949 96
Yazoo-Mlss. 6a 108
101
MEMPHIS CLEARINGS. 1
nee ranees
1
Friday. Jan. 9
Thus far this week
Pre! ions week
Same time in 1919
Same time In 1911
I ;. 627.93.;
36.151. 36T.t
23.iM.717.lf
22.5S2.877.
15.M0.I26