The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-04-22
ROUND The TICKER
Cotton.

~ mighty prices are Indicated IN our
opinion. Carpenter & Co.-Until the
present crisis over Italian demand is
adjusted 1t would be wise to keep close
to shore.
New York.-The steady expanding
demand for goods both in this country
and in Manchester is proving a very
big factor to the constructive side. The
south maintained its selling policy
Fallon.
New Orleans.-Some better demand
spot cotton, and West reported large
speculative buyers. Think strength
largely represents adjustment futures,
and spots induced by stringeucy new
contracts. With this accomplished ex-
pect market will be less one-sided
Speculative long interest extensive, and
weather much improved.-EIis & Co.
Night Letter.
New Orleans features about
balance this morning. Political news
is fairly good and cotton goods accounts
are bullish. On the other hand the
weather could not be better and the
outlook is for fairly favorable weekly
crop review from the governpent to-
morrow.-Shepard & Gluck.
ChiCago.-American and European
trade buying was a paramount factor
in yesterdays market. 1t dashed ev-
erything else ruthlessly aside. That is
what 1t has been doing for a week or
more. Really nothing new happened.
There is probably a large long interest
in october. The South. it is noticed,
is a persistent and at times an active
seller on the upturns, and some think
that the longer a reaction is delayed
the sharper 1t will be when it comes.
Stocks are not large and exports moth
ing like u~sual.-Burke to Shepard g.
Gluck.
New Orleans.-Further advance dry
goods prices; advice from Paris limited
amount cotton allowed to Germany;
higher sterling rate liable cause fur
Their bullish action futures and spots;
there seems considerable reserve buy
ing power for reactions .-Clark to Cot
ter & Turner.
New Orleans.-New York again re-
ports a firm and active market for cot
ton goods. Paris cables say that the
Germans have accepted all the condi-
lions laid down concerning the YER
sailles conference will send dele
gates to it with full power to sign the
peace treaty, These delegates, how
sailles before April 2S.-Shepard &
Gluck.
New York.-weld looking for high
z pA1NCoH OuN "ShlN - vi 5SSN
break before ng.-Clevenburg to
Cotter & Turner.
New orleans.-At this level cratic
markets are to be expected. The short
interest has been much reduced and
for time being think sales on bulges
with view replacing on breaks advis-
able.-Shepard & Gluck.
New Orleans-Shepard g. Chuck re-
ceived these wires: Corinth, Miss.--The
weather In this section Is perfect and
so per cent of the crop will be planted
this week. 1t is said that there will
will no reduction in acreage in that
territory. Arkansas messages state
that planting Is progressing favorably.
One telegram claims that there will
be an increase In acreage because of
new land just cleared which Will be
planted to cotton.
New York-Some Western buying
creeping in; room short.-Hubbard to
Reese.
New ~Orleans-The better feeling in
the spot department Is having a good
effect on contracts and is preventing
the development Of selling power of
& Gluck,
New Orleans-Reactionary on better
and prospects favorable week
ly report tomorrow.-Fenner to Gus
tafson.
New Orleans-Spot brokers say that
there Is considerable looking around IN
their department this morning, but that
sellers do not appear anxious to trade.
Only q fair amount Of business seems
to have been done. Buyers are hoVing
difficulty In getting the grades they
require,-Shepard & Gluck.
New York wires: THE market is en-
titled to reaction, but we see no spe-
cial signs of 1t at present
New Orleans-Weather encourages
sentiment; willingness holders
to meet market and timidity bull spec
ulation keeping market healthy. Favor
purchases on good setbacks-White.
New York--Spot people say demand
little better and shows signs improv-
ing.-Cleve.
New Orleans-ReactIon idea encour-
aged by afternoon press news secret
plebiscite Germany to refuse terms
without discussion; trade argues some
delay; however, feeling as to success.
full ultimate issue still positive and
preference buying reactlons.-Clark to
Cotter & Turner.
New York-General liquidation catch
ing stop orders.-Hubbard to Reese.
New York-There has not been the
demand today that there a been for
the past several days and the liquidat-
ing sales have been more general. The
trade has been one of the largest buy
ers on the decline. but the market does
not like the appearance Of late devel-
opments Of the peace conference and
the easier technical position promotes
the tendency to take profits or liquidate
long contracts.-Pearsall.
New Y~ork-Demand not so keen,
good; think due for good re-
action.-Cleve. to Cotter e. Turner,
New York-Recent advance based on
idea high prices everything outside;
buyers lacking today; improved weather
should cause reaction: advise caution
following any advance,-Hubbard to
..