The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-05-27
ROUND The TICKER
Cotton.


New YOrk-Heavy foreign selling this
morning. good domestic trade buying.
Mil agents In Worth street YESTERDAY
predicted 40 cents for raw cotton. Van
derltp's speech last night regarded AS
MISUNDERSTANDING to Cotter d
Turner.
New York-Journal Of commerce.
heavy gain acreage: Mississippi condi-
ton much lower than last year; Louis
lana not much below season, three
weeks late.-Hubbard to Reese.
New Orleans-weather map is wet
except in the extreme western and
eastern edges OF The cotton belt. Rains
are heaviest III the more central por-
tons. On the whole weather continues
very unfavorable. New York says that
cotton goods yesterday were active at
advancing prices~Shepard & Gluck,
New York-Llverpool selling and lot
profit-taking; Japs buying, other buy
ing scattered natural reaction.-Clev-
enburg to Cotter e. Turner.
%Greenyille, Texas-Another heavy rain
last night; looks like more.
New Orleans-Spot men say that
sales last night al higher figures. Spot
situation firm; holders raising limits
n hard to buy at quotations,-Clark
e. Co.
New Orleans-The market is soft I'M
der liquidation as well as short selling
by traders who are playing for a reac-
ton. The latter are encouraged by the
somewhat better weather outlook. The
map shows a higher barometer nearly
everywhere. with prospects Of clearing
weather for at least a portion OF the
cotton region.-sfepard & Gluck.
New Orleans-Weather map indicates
continued unsettled weather in the belt,
particularly central and eastern. Indi-
cations are that rains in the west may
hold up for a day or two, but will con-
tinue east Of the river, and probabili-
ties are that another rain disturbance
Is coming on the west toward Friday
Kofler to Clark & Co.
New York-Markst declined on gem
eral realizing after big advance, but
think urgent selling about over;
weather southwest continues unfavor-
able.-Gwathmey to Foster.
New York-Ring was full of stop
loss and stop profit orders around and
under ale. Think further reaction due.
-Cleve. to Cotter g. Turner.
New Orleans-Decline In consols re-
fleets uneasiness over politics; don't
think liquidation over.-Fenner to Gus
tafson.
New Orleans-Decline in English con
soils explained by statement In after
noon papers saying: "A great triple al
lance OF railroad men, coal miners and
transport workers, including a million
and q half men, has prepared an ulti-
| matum to the government, The unions
demand immediate abolition Of con
| scription, withdrawal of all troops from
Russia, lifting Of blockade of Germany,
etc, A general strike Is threatened -
Clark g. Co.
New York-Heavy realizing, decidedly
less trade demand, brought reaction;
universally expected bureau be bullish
and, while market dangerous, viii prob
ably not break before that report
Hubbard to Reese.
New York-Vanderlip's speech IN Eu-
ropean economic situation bringing
heavy realizing.-Hubbard to Reese.
Fort Worth, Tex, wires: Weather
unsettled, looks like further bad spell.
New Orleans-Spot basis this morn
ing Is said to be 80 points higher,
Greenville, Tex, May 4: Reports OF
heavy hailstorms Sunday and yester-
day coming in. Claims OF considerable
r%epIanting viii DO necessary.--shepard
& Gluck,
New ~Orleans-The market holds up
well, considering the amount OF ltquida-
ton 1t has felt since the opening. Gal
weston clears 1892 bales. There were
no exports this day last year and thus
far this week total shipments were only
49, 500 bales. Southern spot markets
sold over 40, 900 bales of cotton yester-
day at advances which averaged more
than a cent a pound, The spot situa-
ton and the continued activity In dry
goods count more with seine traders
than does the weather for they re,
member that the 1900, 600 bale crop OF
1914 was made on just such a start
as the crop is getting this year.-shep'
ard M Gluck,