The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-05-09
ROUND THE TICKER
Cotton.

New Y~ork-Journal OF Commerce
says: There are those who fear that
as the new season approaches there will
be more or less heavy selling by the
South. Some leading spot interests are
understood to be looking for at least
a temporary decline, but ii was the old
story In the last hour yesterday. con
tracts suddenly became scarce and
shorts became alarmed and in TRYING
to cover put prices back to about
about where they were at the close
Wednesday.
New Orleans-Liverpool is much
higher than due on futures and has
done a very good business in spots
New York reports a reduction Of rs
points in Liverpool freight rates from
this side, but this report can not be
confirmed here. Such a reduction
should have a depressing influence on
Liverpool.-Shepard & Gluck.
Tuscaloosa. Ala, wires: Entirely too
much rain here.
The official forecast for the western
half Of the cotton region calls for gen
orally dry weather, fair to cloudy, with
the exception of showers in the Pan
handle Of Texas and in Western Okla
homa.
New Orleans-Houston, Texas, wires:
Dry weather is needed. 1t is going to
be hard to keep fields from getting foul
and every day of wet weather puts the
fields in bad shape,-Shepard & Gluck.
New York-Few May notices out this
morning. Spot houses and Liverpool
buying a little.-Hubbard to Reese.
New York-Heavy rains yesterday
with forecast for more today are fea-
lures which promise higher prices,
Freights are lower by rs cents, also IA
voring the market, yet it looks tired
and selling yesterday came from diff
ferent quarters, ever II prices were bid
up at the close. Wall street, the West
and even spot houses and Japanese in
terests were sellers.-Fallon to Shop
ard g. Gluck.
New Orleans-Doubts concerning out
come final formalities of peace pact
have resulted in better technical situa-
tion, With peace a certainty and the
~unfavorable weather, market Is better
purchase now than for some tines
j, White to Cotter & Turner.
New York-Quiet market; South
bought some on rain.-Hubbard to
Reese.
New Orleans.-Good cables and wet
weather are putting the market up.
cotton for England.-Shepard & GlucR.
New York-Higher on cables and wet
map; trade light; no particular feature
majority still inclined await better reA
misunderstanding to Cotter & Tur-
ner.
New York.-Little doing; locals sold
account lack buyers; think will i'm
prove If rains Atlantics; otherwise
doubtful; rumor now food commission
consider it important.-Hubbard to
Reese.
New Orleans-Too much rain, but po-
litical tension checking bulilsh enthu-
siasm.-Fenner to Gustafson.
New Orleans-Some buying due to the
large exports for the day. On the
board thus far are foreign c~learances
of 6 ,256 bales against 21,571 his day
last year. Galveston alone clears 30
be very large.-Shepard & Gluck.
New Orlcans-Greenvillo. Miss,
wires: Biggest demand in years at
fancy prices. The demand is coming
from the east and from Liverpool,
weather bad, with rain for the last
three days" Another Greenville dis
patch: Memphis is trying to buy g.
900 bales of cotton here; want the
cotton bad shepard & Gluck.
New Orleans-Macon wires: Many
complaints east account rain causing
grassy fields, labor scarce, making sit
uation serious; crops already two weeks
~late.-Fenner to Gustafson.
New York-Very narrow and dull, but
acts very steady; seems to be pretty
good buying of new crops, tone steady.
-Gwathmey to Foster.
Grain.
Memphis receipts: Corn ., oats 81 and
hay 3 cars,
Chicago.-Receipts: Wheat, 5000;
corn, $4,000; oats, 1875, 900. Shipments:
Wheat, $4,000; corn, 2Ol 900; oats, S1O,-
600.
, st. Louis.-Receipts: Wheat, 1873, 900;
corn. 5000; oats, 1872, 900. Shipments:
Wheat, 1O2. 900; corn, 1000; oats, 49,
900.
~Chicago-Last selling in corn is based
on weakness of hogs, which are so
cents below yesterday.
Chicago. Corn opening 364c lower
on the government wheat and rye re-
port Of yesterday. Locals sold at open
ing and covering by shorts appeared
on the break.-Wild to Shepard &
Chuck.
New York.-A. G. W. subsidiary lines
have been sold for SIS, 900, 900, accord
ing to good information.-Clark Childs
to Shepard e. Gluck,
Chicago-Locals expect another liberal
break In corn today. The United States
may raise a surplus Of 400, 900, 900 win
ter wheat and rye, to which 24O, 900, 900
to $40, 900 900 spring wheat can be add
ed. Northwest rye flour is cut so cents
per barrel and some Of the flour
prices in Northwest are reduced. Fore
asst is mixed, but better weather is
indicated, About rs per cent of the
Northwest spring wheat appears to be
seeded.-Wagner & Co.
Chicago-Total clearances-Wheat,
S39, 900; corn, none; oats, 0 1000; flour,
10000; w. and F., 1851, 600. Hogs, 75c
lower.
Chicago-Corn rally Is on demand
from shorts and some buying on firm
ness of cash corn. Modern Miller says
winter wheat in sections will be ten
days ahead Of normal. Spring wheat
acreage may decrease five per cent
Wagner e. Co.
Chicago-Some shippers reporting a
better demand for corn over night with
sales OF 20, 900 bushels reported. Sales
Of lash oats were $4,000. Chicago cash
corn and oats look about unchanged
so far.-Wagner.
LIVE STOCK MARKET.