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

Cotton.
New Orleans-Ths weather n,., sbo,,,
considerable rain scattered ever tbe
Sottoh region but temperatures are
iairiy high. There is an area On nresse
ure TO the west Of the bell which seems
~ promise more rain. A few drops oi
ma nousy pfihg out talk OF q wet May
ahu us ERECT on the crop. The nlarket
y dolhg better on the report Thai the
llalIan delegates are returning Ia Ire
peace conference and the foTecast of
HnoTe ram for the cotton belt-Shepard
New York-Local sentiment bearish
Leeas rest but Europe asking offers
spots.-McElroy.
New Orleans-Latest Paris news may
cause some hesitation, but great ex-
pansion trade activity this oo1ntry in
reused competition spots, shipping
board promising more tonnage favor
continuance bullish current: market
Salplhg proposition. purchase on reac-
tlons.-Clark TO Cotter & Turner.
New York-Buying is scattered. SO is
ne selilhg no aggressiveness either
stiil reactionary.-Clevenbur to Cotter
d. Turner.
New Nork-Would like be bullIqh no.
count sentiment country, but believe
unless bad weather will see increasing
favorable acreage and crop report:
suggest liquidation long contracts and
wait deveiopments.-Hubbard to Reese.
New orlesns--shipping boards state
hlsnt OF more boats assigned to carry
COTTON and Italy reinvited to enter con-
ference offsets better weather news
Fenner to Gustafson.
New York-Quiet, narrow market.
traders expecting lower on probable in
creased acreage reports and favorable
weather.-Hubbard to Reese.
Chicago-The American Steel and
wire company IN It's weekly crop re-
port says Of cotton. Cotton planting
delayed by backward season. Very
rev reports OF reduction in acreage.
The reduction may. however. be much
greater than is reported. A number of
reports OF increased acreage and the
increased use of fertilizer; it may be
that the better cultivation Of a reduced
acreage with increased use Of fertilizer
VIII more than offset any reduction IN
acreage when it comes to counting
bales"
New ~York-Some buying orders com
ing in now from Southwestern spot
houses; offerings light and scattered
C~leHenburg to Cotter & Turner.
New Orleans-Fenner, Calling g.
Beane estimate average is per cent re-
duction-by states: Tennessee, IA:
North Carolina, II; Louisiana, 30;
south Carolina. 5: Alabama, II; Okla
homa, %: Mississippi, 10; Georgia, Is:
Texas, Is 2-3; Arkansas, none.
New York--Improving weather con-
ditions over the belt In connection with
a smaller decrease than had been hoped
for In the supplies being carried in the
South are attracting not a little atten-
ton in some quarters, yet on the whole
the spirit Of optimism as to the future
course of prices remains unchanged;
crop as the weeks pass will have con-
siderable influence n especially great
is the surprise that recent private esti-
mates have placed on the acreage re-
n fertilizers. as compared TO
the claims Of the South.-Fallon.
Chicago-MarshRll Field & Co, in
their weekly review of the dry goods
trade, says: Current wholesale distri- |
button OF dry goods is running slightly
below the high figures of the CORE
spending week last year. Many more
merchants we're in the ~,arket and all
report excellent retail businesss Road
sales for the week exceed any week In
date and future delivery being consid-
erably above the same week Of 1918.
Collections are very satisfactory.
National Ginners' acreage report
14.6 per cent decrease. BY states:
Alabama 1, Arkansas IS, Georgia -,
Louisiana IA, Mississippi Is, North Car
DINA IS, Oklahoma 20, South Carolina
10, Tennessee 16, Texas IL. Percentage |
April so was 50 per cent.
Grain.
Memphis receipts-Corn 20. oats g.,
hay Is, feed Is and flour 20 cars.
Hog receipts-Chicago 8 5000, Omaha
II, 500, Kansas City $4,000, Sioux City
5000, st. Joseph 1000, ST. Louis 5000. |
Chicago-Receipts: Wheat $50, 900,
Wheat 262, 900, corn $50, 900, oats 1885,
900.
st, Louis-Receipts: Wheat Sc, 0QA,
So, 900, oats 2l6, 900. Shipments:
Wheat 5000, corn $4,000, oats 104, 900. |
Rock Island, Ill. wires: Weather cold
and disagreeable, Sevehty-five per
cent of corn ground yet to be plowed.
refuse to sell corn.
Kansas City wires that Texas Is try
ing to resell corn in their market.
Chicago-Demand for cash corn and
from the East over Sunday was
moderate. Local receiver claims his
sales of corn to New England Satur-
day were at the highest price on the
crop, or S1.90 for Number 3 yellow
track Disadvantages & Co.
Chicago-Corn and ats opened high
err on talk that the farmer Is holding
corn, and further that bad weather in
the Northwest and corn belt. Eastern
for cash corn slow over the
Ticker says opening up
turn in corn n oats due to bad
weather.--Wild,
Chicago-The American steel and
wire companies weekly crop report |
Spring wheat seeding is going
rapidly and will be completed not
far from schedule time, Germ plant
ing Is starting In many sections. Rainy
and wet soil have intertered
with planting and development OF oats
crop. Wagner g. Co.
New York-The MARKETS impetus Is
enormous and the fact that the stock
exchange will be closed tomorrow will
a respite for the streets mechanical
difficulties which will be welcome.
Prospects Of the early call OF the new
must be considered bullish.
II will furnish hope for early railroad
relief and a modification OF the tax
program for 1920, The market looks
higher.-Morse.
Visible supply changes; Wheat de-
VI, S2l 900; corn increase, 664, 900;
oats, decrease, $4,000.
Total clearances: Wheat and flour,
Ts4, 900; corn, none; oats, 101, 900.
than Saturday; general trade
top s2l,o5; bulk Of sales, S20.75 to $21.
Chicago One cargo OF $50, 900 bush-
els Of oats being ordered out Of South
Chicago elevators this morning -Wag