The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-05-03
ROUND THE TICKER
Cotton.

New York Carpenter; This is no
market to be short Of. Hutton & Co
With the favorable weather conditions
existing We see little incentive In the
market TO take the lonG side Hirsch &
Co: We lieve the market should be
bought on these recessions.
New YOrk.-The trade in goods con-
tinues most encouraging, with Fall Rtv-
er millers running on fun time and
manufacturers Indifferent sellers. Liver
pool and trade interests continue good
buyers sterling exchange being
strong was a helpful feature to exports
which are expected TO show a decided
increase this month on larger freight
room allotted by the government.-Fai-
Ion.
New York-Gifford sold, followed by
Howard Wilson; looks as II some more
liquidation may be coming Hubbard
to Reese.
New York.-Narrow market; Liver
pool sold; traders expecting further re-
action.-Huhbard TO Reese.
New Orleans,-On the opening there
was selling on the better weather con-
ditlons yer the belt. Since then the
market has recovered because Of bull
ish feeling concerning the spot situa-
ton. New York reports a plus correc-
ton in exports for the season OF 24,S21
bales, This brings total American eX-
ports thus far up to 4,O2S,S $40 bales
against 3,497 500 a year ago and $751;
Sgl two years ago.-S, & q,
New York.-McElroy wires; Only
weekend profit taking and short SELL
Ing on good weather,
New Orleans.-Week-en6 liquidation
on more favorable crop prospects held
market in check, Market may work
lower temporarily, but would buy on
breaks a. spot demand is good. Sales
would be larger II ship space could be
secured.-Shepard & Gluck,
Montgomery. Ala-Conditions in the
southeastern part OF the belt are bet
ter thar In the balance OF the belt.
Good stands there nave been procured
and chopping has commenced, but even
in his section the season Is still about
10 days late, while in the balance Of
the Atlantic and Guf states 1t is about
two weeks late. On account Of the
mild winter there is quite an Apprehen-
sion of damage by boil weevil, which
is intensified on account of the late
ness Of the crop, Labor Is plentiful to
cultivate the crop, We assume that
about so per cent Of the acreage in
tended for cotton, has been planted,
OF which about 90 per cent has come
UP to n fair stand. The demand from
domestic spinners has somewhat in
creased in volume, their stocks being
rapidly depleted and orders with them
are more plentiful at better prices, They
are, however, still pursuing the hand
to-mouth policy, buying cotton only
when they have effected sales for their
product.-Weil Brothers.
Grain.
Broomhall cables: Argentine weather
has been distinctly favorable for tn,
picking OF the new crop. Foreign de-
mand has improved to some extent
but offering In liberal supply. Clear
ances are expected to continue to en-
large, providing loading conditions re
main satisfactory.
Chicago-Corn market broke on sale
OF Argentine corn to this country, Re
ported that exporter has sold Jul!
around $l.6S against purchases of Ar
Zentine corn.-Wagner,
Chicago-Raymond News Bureau
says: Selling In corn has beer mostl,
In way of realizing, On the oats bulg,
there was good selling for profits
Wagner & Co,
Omaha-Lot OF corn sold out Of her
late yesterday to Iowa industries.
Chicago-Deliveries on May con
TRACTS today were 90, 900 bushel corr
l6, 1000 bushel oats and 5000 rye,
Chicago-A Southern cash grain han
dler says effect OF the persistent raj
will delay corn planting. but says no
to forget that our largest oat crop wa
made In the face Of continued rain.