The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-04-10
ROUND The TICKER
Cotton.

Cotton.
New York-Weld advises buying right
now; good trade demand on the de,
cline .-Clevenburg.
New Orleans.-Some of the offerings
TINS morning are due to the quite gen
era! belief that the weekly statistics will
be bearish, and it is also claimed that
the monthly census figures on American
cotton consumption, due the first thing
Monday morning, will be unfavorable:
mill takings this week will undoubtedly
be small, whereas they will go against
fairly large comparisons, 2S3, 900 bales
this week last year and 1872 900 this
week two years ago,-Shepard & Gluck.
New Orleans exports today 1881
bales of cotton. Total foreign exports
this day last year were 5000 bales.
New York cotton opinions: Hutton &
Co.-The trade demand is still small,
and the opinion expressed in our advice
OF yesterday that any attempt to liqui-
date would cause a break, was borne
out later in the session, Any further
Improvement in prices is likely to be
an incentive to increase the acreage.
Carpenter & Co.-One of our spot
friends reports a very good demand and
goes further to predict large spot sales
within the coming week. Under these
conditions it does not seem to be safe
to be short cotton.
New York.-Map unfavorable west,
trade light, pressure not so heavy
Clevenburg to Cotter & Turner.
l.. New York.-South has sold spots on
advance past week to fill up buyers;
market heavy.-Hubbard to Reese.
New Orleans.-Liverpool better than
due, some desire to realize with tenn
porary lack of support caused break
and caught stop orders yesterday. Still
| fhtrl huNr ~ k.Aal9 CAnrnrl n
Gluck.
New Orleans-Heavy profit taking or
rise caused by weekly weather report
consider latter does not confirm recent
unfavorable private reports; covering
Of speculative short interest removes
markets chief source OF support ant
unless greater activity develops in spot
department expect further decline, Ell
lis & Co. Night Letter.
New Orleans.-Italy, Tex, wires
Spot demand improving here; offerings
slow; heavy rains this week will delay
farm work several days with so pei
cent yet untouched by pillow; weather
cool last night ."-Shepard & Gluck.
New Orleans,-Better Paris news
general rains central belt nay cause
initial rally, but map shows better con.
ditions than was expected, clearing
weather from west and would not be
surprised to see further reactionary de-
velopment market.-Clark to Cotter 8
Turner.
New York.-Local crowd sold mar.
ket down into more stops, buying scat
tered.-Clevenburg to Cotter & Turner
New Orleans.-Liverpool good; polit,
ical situation better: weather map yer!
Neutrality-suspicious. to Gustafson.
New Orleans-Liverpool wires: THE
feeling among prominent operators is
| y nraaUinoI h,a11fCh - nathan iuaH-
pool cabiegram says: Some straddle
and hedge selling but the market
steadied later on trade calling and the
strength of April. Shepard & Gluck
New York reports a broader ant
firm cotton goods market.
..- Grain.
Memphis receipts: Corn 10, oats Il
n hay II cars.
Hog receipts: Chicago, SO, 600; Omaha
5000; Kansas City, 5000; Sioux City
5000; st. Joseph, 1000; st, Louis, 10000
Chicago Receipts: Wheat. $4,000
corn, 1871, 900; oats, 1921 900, Shipments
Wheat, 261, 900; corn, $4,000; oats, 293,
600,
st. Louis-Receipts: Wheat, 40, 900
corn, 10S, 900; oats, 112, 900. Shipments
Wheat, $1,000; corn, $4,000; oats, 1871,
900.
Chicago-The grain belt weather fore.
cast is for unreasonable Temperatures
and probably causing some buying Of
grains.-Wagner & Co.
Chicago-A Central Illinois point
wires: Country continues to sell corr
freely. We are forced to withdraw
! bids today. Our purchases were very
, heavy. The weather will increase farm
, deliveries, as it stops field work. De.
mand very poor."-Wagner & Co.
C~hicago-Steps are being takel
toward relieving the car situation ant
it is expected a material increase will
; be noted in grain receipts, especially
corn, within the mex week or ten days
Country elevator men are anxious t,
move the cash stuff and all that II
needed is the cars. Wet weather owe.
the belt has been ignored today. Oats
have been inclined to follow corn
Wagner & Co.
Chicago-Yesterday was the first day
in some time that bearish news wa
given consideration by the grain trade
The highest prices on the crop were
made for corn early, but the advance
, encountered heavy selling by longs ant
pressure from hedging operation
against country purchases. Many OF