The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-24
ROUND The TICKER
Cotton.


New Orleans-The weakness Of the
foreign exchange and the fresh compli-
cations Ia European politics, especially
the attitude Of Hungary toward the en-
tente, are causing the lower prices in
cotton this morning Shepard & Gluck.
New York.-Very small, featureless
market; a little Southern selling being
wei Observation-Disclosures to Foster.
New York cotton opinions: Morris
Rothsehild a. Cove believe that the
possibilities for satisfactory returns on
the constructive side, George F. Jones
& Cove are inclined 10 the long
side on easy markets. but see little i'm
mediate prospects for a prolonged ad-
vance, Bond McEnany-Once peace is
signed. we think the whole world will
start TO reconstruct n therefore we
cotton.
New York.-Don't be tempted into
selling short on obstacles thrown In
peace settlement. European obstruC-
tors will get big shock IL they keep II
up.-McElroy to Cotter & Turner.
New York-Wah street selling on pol
itics, supposed for LivermOre. Think
market will do better now.-HubbaTd
to Reese.
New York.-Jap and Weld brokers
bought new October. but Liverpool sold
rather freely. No news except Hungary
Ihop to BolsheVism, and that's not bull
tsh,-Cleyeland to Cotter and Turner.
New York-The further break in ster.
ling exchange on Saturday led to some
buying in expectation Of strong cables
this morning, hence these will prove
disappointing as prices are only as due
Manchester adviCes as cabled by Lon
don are anything but encouraging. The
United States Is preparing to invade
the English markets. While the for
eign news Is thus gloomy, our owr
goods market continues to show in.
creased confidence with the steady ex-
pansion Of characterization to Shepard
& Gluck.
New York.-Liquidation old contracts
leads traders to expect lower market
think they are wrong.-Hubbard &c
Reese at 9:l3 am.
ish.-Clevenburg to Cotter & Turner,
reports. Bad weather indicated entire
belt rain disturbance from Texas, but
political news Europe unfaYorable.-
Clark to Cotter & Turner.
New Orleans clears-for foreign export
today 1871 bales of cotton. This day
last year total foreign exports were
l 1888 bales.
New Orleans-Unfavorable politica
news from Europe and lack Of sustained
spot demand causing long liquidation
-Fenner to Gustafson.
New Orleans-The weather map Is
dry except for light rains in Wesi
Texas. Temperatures are rather low
in the central and eastern belts. Wha
looks like q pronounced storm area II
to the west Of the belt, just entering
Texas. This may mean rain for {
large part of this country Shepard &
Gluck.
New York-Ticker report 10000 Rus,
| elm nOlqhnuiEi nFnGuAd IN Hungary tf
support revolution started short sell
ing, followed by stop loss orders. Lit
tie evidence hedge selling.-McElroy L
Cotter & Turner.
New Orleans-Market without sup
port, confidence shaken by politica
news; greater easiness expected in pre-
MUM positions, but favor purchase new
crops.-Clark to Z. & J..
New York.-No cotton news, buI
market weakening under influence de
cidedly unfayorable turn foreign news
Weakness foreign exchange will seri'
ously affect exports. Labor and eco
nomic conditions abroad distinctly un'
favorable to any encouraging deman(
for some time. Can find no especla
confidence In bull side at present, un'
less planting season develops unfavor'
ably.-Newman Bros. a. Worms to Well'
e. Gustafson.
New York.-Pretty good class Of buy.
ing around y cents July. Think mos
Livermore's cotton been sold.-Cleve Z
Cotter e. Turner.
New York.-Liquidation more gen
eral, coming chiefly from Wall Stree
houses, The unfavorable foreign pc
litical news stu against market
Burke to S. & G.
Liverpool cables: Labor troubles i'm
proving"