The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-10
ROUND The TICKER
Cotton.

for dry weather, except for showers in
Southeast Texas.
Cloudy and rainy weather is predicted
Tor the eastern half of the cotton re-
gion.
New York-President OF cotton ex-
change rules "a follows: That while
trading in old-style contracts must cease
by May /, but this does not vitiate right
TO receive or deliver cotton at maturity
OF contract. Hence, all you have to do
is TO await the delivery Of transfer no
tice, which must be issued to you by
seller during May.
New York-Higher on cables and buy
IN OF old by Liverpool; old shorts are
more uneasy than longs.-Cleve 10 Cot
ter d Turner.
New York-Bullish features are COM
ing tothe front and bearish ones fad
ing. The English Board of Trade re-
ports expansion In commerce. espe-
clally in cotton goods. and labor situa-
ton improving. Southern weather con-
ditions not favorable, with more rain
forecasted. Trade interests were buy
ers and heavy short covering INDUCED
IN by Wall street. West and South.
The heavy discounts on low grades
serves to create a feeling of confidence.
-Fallon to Shepard & Gluck.
New York-Liverpool and South both
good buyers on opening Hubbard
New Observation-Disclosures y 'Liv-
erpool not up enough for New Orleans
but about right New York. The mar
ket appears to warrant purchases on
good setbacks as the new contract will
adjust itself to spots eventually.-Shep-
ard & Gluck.
New York-Liverpool and Smith
bought, especially old, positions; met
considerable liquidation above 20 cents;
better trade reports make tone steady.
Hubbard to Reese.
Chicago.-Marshall Field e. Co. in
their weekly review of the dry goods
trade, say: Current wholesale distribu-
ton Of dry goods is running slightly
less than for the same week of 1919.
Road sales for at once delivery also
were less, compared with the same pc
Rod last year. Few customers were in
the house. Collections continue normal.
New Orleans.-Shorts continue to COW
err and to furnish a demand which the
ring finds difficulty in supplying
Shepard & Gluck.
New YOrk.-S. r. Hubbard, Jr., wires
from Fall River: Think cloth near bot
tom, provided cotton steadies,"
New York.-Order closing all old con-
tracts before May 1 uncovers fact that
mills North and South are bare and
protected only by call cotton, which
they must call beforehand,-McElroy to
Cotter & Turner.
New Orleans.-Bullish tenor financial
n industrial reviews and bullish
weather basis for advance, but after
good advance past four days reaction
probable; however, ravor buying on
them.-Clark to Cotter & Turner.
New Orleans-Market acts firm;
steady covering demand; better spot
news; looks like bullish trend market
gaining; think large reserve force Of
short interest available for eventual
further adyance.-Clark to Cotter q
Turner.
New Orleans-The market holds
strong, The very heavy rains in the
eastern belt Saturday and Saturday
night have caused some of the buying.
The conditions Of the soil and prospects
of far below the normal use of %fertiliz-
ers in the eastern belt are things which
are causing worry,-Shepard & Gluck,
New York-Market steady; if more
bad weather comes will do better
Hustace Hubbard to Reese.
New York-Cotton market feels psy-
Geological effect of recent sharp i'm
provement in securities. Trading not
very, large, but market keeps very
steady and expect much higher next 50
days.-Gwathmey to Foster,
Grain.
Memphis receipts: Corn 8, oats "a and
hay 10 cars.
Chicago.-Receipts: Wheat. Al, 900;
corn, 129, 900; oats, 16S,O 900. Shipments
Wheat, 5000, corn, $4,000; oats, 2O9,-
900.
st. Louis.-Receipts: Wheat 60, 900
corn, IS, 900; oats, 1872, 900. Shipments;
Wheat, $4,000; corn, 21,00O; oats, $4,000,
Chicago.-There was very heavy trade
in corn at opening with a p%reponder-
ance Of buying orders accumulated
over the weekend, and as a result
grain prices were higher all around
Wagner a. Co,
Chicago.-Speculative trading in corn
last week was the largest in the mar
ket's history. At no time in the old
days when orders for 1000 900 bushels
were frequent and thought large, was
he volume as great as that of last
week. 1t was possible to trade in mil
liens of bushels at one price, and it is
seldom, il ever, hat so much corn was
bought in by local and Eastern shorts,
particularly the latter. within such a
small range as was experienced on sew
eral days. The market passed from an
oversold to an o~verbought condition.
Tribune.
Chicago-U. S. visible supply this
week. Wheat, decrease $3.50, 900; corn
decrease 476, 900; oats. decrease 2t3, 600
last week; Wheat, 2,9S7, 600; corn, de-
crease 1859, 1000; oats, decrease 1,342, 900
Last year: Wheat. decrease 100, 600.
corn. increase 1929, 900 oats, increase
l,252, 900.
Chicago-Large local operator cred
tied with selling his long line of corr
and oats,-Wagner & Go,
Total visible; this week, wheat, 49,,
529, 600; corn, 4,007, 900; oats, Is, ass, 900
Last week, wheat, lis, 219, 900; corn
4,4S3, 900; oats, 1856, 900. Last year
wheat, S,949, 900; corn, II, PCS 900; oats
Is, 1879, 900,
C~hicago-Total ~clearances Saturday
Wheat, SIG, 600; corn, none; oats, none
flour. 10000; wheat n flour, 666,OOO,
C~hicago-Local broker Is offering
Argentine corn delivered New York A.
under May, shipment by steam March
April,-Wagner 4 Co.
Chicago-Country offerings of casl
corn and oats remain light, Easter
demand slow and nothing heard of eX
. port call-Wagner g. Co.
J Weather forecast for grain belt: Eek
cept for rain or snow over southeast
ern portion OF this district this after
noon or tonight. generally fair weathe
throughout the district during next 3
hours. 1t is probable that moderat,
temperature will prevail for seVera