The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-02-18
ROUND TIE TICKER
Cotton.

New Characterization, Spain. "a
bles. The estimated consumption CT
American cotton in this country this
season is 225 600 bales, n shipments
ments. All mills are working short
time and several will probably cease
work altogether. Shepard d Gluck.
New York.-Would recommend tax
ing profits on cotton at this price
Miller d Co.
New Orleans.-The market is up
again on the same factors hat put il
up yesterday. Il mainly because OF
a better general feeling. Shorts do not
like the threat of more rain. New Or
leans exports 1861 bales today,
New Orleans.-Liverpool much bet
ter than due, and that market absorb
ing a great many contracts. With
continued good spot demand shorts
must cover and market due for higher
levels, but would take profits on bulges,
C. w, Shepard.
New Observation-Disclosures effect Of
meeting here Of Southern farmers and
bankers to secure reduction OF acre
age, seems largely responsible for to-
days rise, recent shorts have been
best buyers; terminal position weak
ened and after more than 3Fg cents
advance during past week, sharp re-
action at n time would not surprise
us,-Ellis & Co. night letter.
New York.-Hutton q Co. I'VE be-
lieve that any attempt on the part Of
longs to liquidate will find little sup
port" WillistOn & Co; The feeling
is growing more optimistic and We con-
tinue to favor the long sid on set
backs"
New Orleans.-Covering movements
under way in futures and spots; con-
tinued bad weather, large disturbance
coming on west; indicated trend high
er with scalpers reactions.-Clark to
Cotter & Turner.
New York.-Heavy outside realizing
will probably ease it off, but think ad-
vance not over; however, am inclined
to buy only on good setbacks now, be-
cause the short interest is largely elm
inated .-Hubbard to Reese.
New York-Liverpool good buyer
March; other buying is by. Weld,
Mitchell and. uptown professional
crowd.-Cleve to Cotter & Turner.
New York.-The labor situation on
this side is improving, while less is
heard of that abroad. Liverpool has
been a steady buyer, with Wall street
have arrayed themselves on the buy
ing side. Emphatic efforts to material
ly reduce acreage encouraged by the
statement made by the assistant sec
| rotary of agriculture is receiving daily
| IlIOIG dllGllllOlL anu ptOhuIilA6 Iph lSAA
effect on Values.-Fallon to Shepard &
Gluck.
New York.-Waldorf operator bidding
for July after call, but seems more
cotton for sale.-Hubbard to Reese.
New Orleans.-The map shows con-
siderable rain along the Gulf coast,
and for some distance inland in Texas,
Louisiana and Alabama. To the west
Of the belt is an intense storm. which
threatens more rain during the next
As ours.-Shepard & Gluck.
New York.-Armistice renewed, with
embargo continued until peace; this
may cause some liquidation from dis
appointment, but strong bull clique Is
active.-McElroy to Cotter & Turner.
New Orleans.-The fears vof trade
s~tagnation which prevailed in the early
| part of the present month have appar-
emily given place to a more Cheerful ha
| course of New York stock market yes
terday. Another constructive influ-
| ence was the removal of the ban on
trade with the Turkish empire, open
ing of the Dardanelles to commercial
traffic and the granting OF the ,privi-
lege of trading with the Black sea
| ports. These concessions were, no
| doubt, largely responsible for the be-
lief hi became current that all en-
| bargoes, ven against enemy countries,
would SOC be removed.-Times-Plcay
une.
Dallas wires: Brisk demand for spots
here"
New York-Some realizing from Wall
street caught lot of stops at &c for
| July.-Hubbard to Reese.
New Orleans-Dallas reports good de-
| mand; some sales here NC higher;
quotations likely advance; reaction SELL
ing in futures; prefer buying on dips,
tendency bullish.-Clark to Cotter. &
Turner.
New Northumberland Augusta fur
Their widened low grades today; details
not received. Savannah will tomorrow.
This more Strengthening local contract.
-Hustace Hubbardit to Reese.