The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-04-08
ROUND THE TICKER
Cotton.

RNAA 10 NAA "HkANR @AAA AAAhAA4 ANAAeAA 9@1AA
market, Political news is not as favor
able in tone, on the whole. as II Mas
yesterday. but II is without any dis
tinctly unfavOrabie features, It is
claimed that Lloyd George will nave
another statement to make today
Shepard & Gluek.
New York.-Cables are certainly a
great surprise this morning, being 20
points worse than due. Manchester had
evidently bought enough spots to carry
her through the two weeks OF suspen-
sion beginning on 10th instant The
operatives now reject the 1874 hours Of
fered by the masters. leaving the sub
Ject in troubled waters. Then, too, the
news from Paris is not taken as en-
couraging. Warmer temperatures are
reported from the belt, but local show
cry conditions persist, Dry weather Is
much Decentralization to s. & G.
New York-very good scattered de-
mand; no pressure, looks as should
rally.-Clevenburg to c. & T.
New Orleans.-Dlstinctly unfavorable
turn foreign news; weather better than
expected, inviting reaction, but expec-
tation bullish weekly report tomorrow
checking beRrish action; favor realiZ-
ing on firm periods.-CIark TO Cotter
& Turner.
New Orleans.-Selling is from traders
who do not like the Tumors that Presi-
dent Wilson is making ready to start
for home unless the peace conference
gets more speed up.-Shepard Il Gluck,
New Orleans.-Recent demand en-
~couraged by indications early compile.
ton preliminary peace draft; while con-
summation peace might and probably
would create further sentimental ad-
vance. we are not hopeful that ex-
pected large demand win Immediately
follow, and above all we doubt con-
tinuance prevailing high prices with in
fluences which created them now large
ly removed,-Ellis & Co. night letter.
New Orleans.-Fort Worth, Texas,
wires. After the general rains of the
past few days the outlook over the en-
tire state now is very flattering. It
Is rue that preparations are a little
late, but this in our opinion, is not such
a very serious matter. On the other
hand, the excellent season In the ground
makes prospects very flatering, You
may have noticed that West Texas has
had very fine rains and VI take a
hopeful view Of that section now, whilst
as you know. the last two years, es-
pecially during the past season, that
section of the state produced next to
nothing,-S. g. G.,
New Orleans,-It looks like a spell
of bad weather for the cotton belt. A
storm is just about to enter Texas while
to the northwest of the belt there is
much snow and temperature far be-
low freezing shepard & Gluck.
New York.-Spot houses absorbing all
offerings. Paris bourse strong expect
ing early peace.-McElroy to c. & T.
New Orleans.-Interest getting short
makes market technically strong, may
have setbacks from time to time when
should be bought.-Gluck.
Italy. Texas, wires: Weather fair and
warmer. Spot holders offering more
freely, little demand with price for
strict middling around March, New
York. Corn and other grains growing
nicely.
New ~York.-Easier on cables and
crisis in Paris; Mitchell moderate buy
er.-Cleve to Cotter & Turner.
New Orleans. -Reactionary sentiment
or unsettled political situation. Advise
caution.-Fenner to Gustafson.
New York wire; Local shorts are COW
ering in an oversold market causing
advance.
New Orleans.-Total foreign exports
today amount to 1853 bales against
10, 650-this day last year; for the week
thus far shipments are 5,239 bales
against 1884 during the same period
last year.
New York.-A spot man predicts that
within six weeks July will sell 300
points over october. He bases this
forecast on a belief that it will be found
much easier to bring cotton to New
York for delivery in theory than it will
be found in practice. New York reports
a clearance of 1850 bales to the con-
tinent and Mobile, 6,949 for Great Brit
ain.LPearsall.
New York.-Market has firm UNDER
tone: realizing sales being absorbed and
demand continues ~Gwathmey to Fos-
ter.
New York.-Weld and Gwathmey feel
very bullish and advise buying easy
spots.-Cleyenburg.
New Orleans Rallied on expectation
of bullish crop report tomorrow. Favor
realizing on rallies owing to foreign
news and increased disposition sell
spots at easier basis,-Clark to Cotter
& Turner.
Grain.
Memphis receipts: Corn, oats and
hay 8 cars each.
Hog receipts: Chicago 6 5000, Omaha.
Ia, 900, Kansas City 10000, Sioux City
1000, st. Joseph $500, st. Louis 5000.
Chicago-Receipts: Wheat 1000, corn
1873, 900, oats l6S, 900. Shipments; Wheat
22T, 900, corn $1,000, oats $50, 900,
st. Louis-Receipts: Wheat 1900;
corn 81, 900, oats 1873, 900, Shipments:
Wheat $4,000, corn $4,000, oats 1875, 600.
Chicago.-B. w. Snow says OF the
government report: Wheat condition
Is by far the highest April average ever
returned. The government, however, in
figuring the indicated crop has appar-
emily worked upon a basis of an average
abandonment OF acreage. AS a matter
of fact, the winter killing this year will
be shown in the May l report to be
very much below the average, and to
that extent the government indication
today Of S37, 000, 900 bushels is below the
actual promise. Wagner & Co.