The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-07-07
ROUND The TICKER
Cotton.

~ w ~ HNutaN At ahN aANA GENUINE
IN complaints Of too much rain here
and there in the belt and the teeltng
that the crop is not getting the wealth
er IL should. in order IA come back 10
something like an average condition
Shepard & Gluck.
Alexander Eccles & Co cable from
Liverpool. Better feeling regarding the
strike, but no definite settlement in
sight at present.
New York-Contineut good buyer,
Mitchell, spot houses sold on idea re-
action due as weather not so ad.-
Hubbard to Reese.
New Orleaus-Liyerpool better than
due. Weather over holidays was not
favorable east Of river. Unless spot
demand develops think market high
enough.-Schnoider TO Shepard & Gluck,
New York-Thtnk higher, bu look
for reaction. went too fast Thursday,
Weld advising purchases reactions. this
bulge on professional buying; very little
outside business -Clevenburg.
New York-Market opened strong
with some buying orders over week
end and following strong cables, bust
ness quiet but o u very steady, north
sellers scarce -Gwathmey TO Foster,
New York-Cotton opinions; Carpen-
ter d Co 1t looks like a purchase on
all setbacks. King Farnum: Purchases
are advisable on dips, LowitZ: We can
only reiterate we are believers In much
higher prices. j. r.. Bennett: We can
see nothing but much higher prices and
advise the purchase Of October, Decem-
her, January and March cotton on all
depressionS.
New York-Liyerpool strong on pros
poets strike ACKNOWLEDGEMENTS to
Cotter Il Turner.
New Orleans Light to moderate
showers eastern half OF belt and South
Texas, heavy in localities South Texas,
especially in Brownsville section In low
er Rio Grande district. Cotton goods
firm, higher with tendency sim up
ward, large number foreign buyers in
market, goods scarce, Buying on i'm
portant depressions seems advisable
Weld says. Continue advise purchases
on weak market.-Boer to McFall.
New York-Gwathmey & Co; Sooner
or later we look for new record prices
for cotton
New Orleans Strength around thu
opening appeared due to the showers
In the belt. The only political news o
importance is the report from Weimal
that a bill has been introduced into thu
German national assembly ratifying The
peace treaty-Shepard q GluCk.
NtN tolh-.NO news except Uts
weather central belt over holidays, OF
way to 4Qc, hut should react from here
-Cleve. to Cotter & Turnes.
Liverpool cables: Very steady, loca
buying on more optimistic feeling re
garding strike, very little offering,
Austin, Tex.-Rained slowly near!
all night, very detrimental to crop.
New Orleans Higher owing unsatis
factory weather eastern belt and Soutl
Texas. with prospects more rain thOs
sections. more favorable English strik
news and anticipation Germany ratitY
ing peace treaty today or early thi
week-Beer,
New Orleans English consols opene,
52ls. down y. New York wires: Liver
|, pool principal buyer. Market thin, fluC
, tuates widely on small orders.-Bee
!, to McFall.
New Orleans Large exports indi
: Gated, stock on ~shiphoard all ports 10
. Europe last Friday this year 1890
/ vs.. $4,000 last year
Mobile, Ala.-Announced that six ste'
vessels OF the United States shippin
board ranging from 1000 TO 5000 dead
: weight each have been alloCated to Mo
: bile for first half OF July.
! New Orleans, lt:5O am.-Favor tax
= ing profits on long contracts owing at
I sence Of news concerning development
/ in ratification Of peace treaty by Ger
many. Think market high enough tC
. present. However, would rebuy on in
/ portant depressions II peace treaty
Z ratified by Germany.-Beer
New Orleans-San Antonio says
Crops look fine, about waist high an
2 still growing with daily showers, bl
= there is as yet very little fruit on Il
q plant, Too much rain causes niue
shedding, Unless rains stop, the Gu
turn will be disappointing '-Clat
& Co.
= New Circumstances weather show
Y Improvement, will gradually work higt
err. Liverpool cables strike settlemel
!. likely. which would be bullish VIII
to Cotter & Turner.
G New Orleans-While the contra
market is featurcless at the momen
/; 1t is very steady. There are few sellel
at the ring. Savannah quotes spots
D points higher at 33C for middling ar
Norfolk is 1875 higher at 327bc,-Shel
5, ard & GluCk.
New York wires; with this strof
provision and cotton market urgent
: suggest purchases Of either NoVemb'
or December oil,