The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-18
ROUND THE TICKER
Cotton.

New York.-Pleasant temperatures
followed behind the big rains; light to
moderate rains Alabama eastward
through the Ca%rolinas Monday norm
ing, clearing elsewhere. Forecast Caro-
hnas probably showers, balance belt
generally fair, warmer.
New York.-Hutton: Until there IS
more definite news regarding the re-
taTding Of preparations fer the new
crop we do not think il advisable TO
follow he long side. Jay & Co; We
continue TO favor the buying side, be-
heNing that higher prices will be seen
later II.
ing Disappointing; looks like further
reaction-McElroy to c. & 7.
New York.-Averill brokers and New
Orleans buying, Liverpool and Waters
also buying.-Cleve. .
New Y~ork.-Unless South sells, hedges
or spots, expect market will recover
from yesterdays reaction: old contracts
continue to unsettle market from time
TO time.-Hubbard to Reese at s:25.
New Orleans.-The weather map
shows dry and somewhat colder wealth
er in the western half of the cotton
belt, but the eastern half again is wet,
lively light.1S. & @.
- ACbAA VhASlhb bhy lAA
causing advance. Dry goods reports
show better demand at higher prices;
rains over A~tlantics; reports storm
damage increasing. Rumors of hitch
In peace negotiations denied. Map in
dicates clearing of weather Fenner,
Calling e. Beane TO Wells & Gustafson.
New ~York.-Room all short; Wall
street buying; looks higher.-S. I. Hub
bard, Jr, to Reese.
New characterization idea over
census Thursday, discount futures al
ready too great; dry goods report bull
ish; general rains east river. more bad
weather toward Saturday. London says
no truth in rumors of hitch.-ClaTk to
Cotter & Turner.
New Orleans.-Houston wires: 1.-THE
spot situation is dead. Practically
nothing doing the last few days
Shepard & Gluck.
New ,York.-Little reactionary mar
ket; understand Livermore still has the
line he bought last week; think about
$4,000; he n getting much help from
public buying,-Cleve to Cotter & Tur-
ner,
New Orleans-Support slow owing to
reaction idea prevailing over Thursday
census report; may somewhat
further, but don't expect decline of
consequence; think July-October pur-
ehase.-Clark.
New York-Market sold off on SELL
ing by Averill and professionals in abb
sence of support,-Cleve to Cotter and
Turner.
ANew Orleans-Ferris, Texas wires:
The weather Is perfect and plows
are starting everywhere today. Spot
owners are offering plenty OF cotton
but there are no buyers.-Shepard and
Gluck.
New York-Ticker says English labor
situation so serious J, II, Thomas left
London by aeroplane for Paris to CON
fer with Lloyd George.-Hubbard to
Reese.
New YorkSThe market was narrow
and rather easily Influenced by orders
either way. There was some pressure
on talk advancing ocean freights and
scarcity Of tonnage. On the whole trade
seemed to find several encouraging fea-
lures in the early news. Reports that
Southern growers had been buying
October here on the ground that they
were below cost of production attracted
some attention.
New Orleans-Demand falling off
spot traders selling freely.-Fenner to
Gustafson.
Chicago-Selling of corn has become
quite general. The technical position
Of the market has been weakened by
NV -NNiiNihAdNN ouNdllOCo duu Ildlly vi
the larger holders willing to take profits
at present high prices.
Gram.
Memphis receipts: Corn 6, oats 9 and
hay II cars.
Hog receipts: Chicago, 90, 900: Omaha.
5000; Kansas City, 5000; Sioux City,
1900; st. Joseph. $500; st. Louis. IA, 900.
Chicago.-Iseceipts wheat, $4,000;
corn, 202, 900; oats, 49, 600. Shipments:
Wheat, $4,000; corn, $4,000; oats, 1872
600.
st. Louis.-Receipts: Wheat, $4,000
corn, 1000; oats, ITO, 900. Shipments:
Wheat, $4,000; corn, $4,000; oats, Ill.,
Chicago.-An accumulation 5yof over
night buying orders responsible for
strengthen corn at opening. Volume Of
scale recently. There has been extern
sive buying on the part Of the public
for several days. The selling Is more
difficult to trace, Sentiment does not
appear as bulltsh this morning .-Wag-
ner & Co.
New York,-1t is noticeable that steel
and copper stocks are literally supplied
on all the spurts. These seem the log
lcal ones to avoid In current purchases.
United States Steel Is relatively well
held, The current. operations of the
corporation do not warrant a higher
price at present, though it's report will
be more than those Of Midvale and
Bethlehem. There is a strong Opposi-
ton in the United States Steel manage
ment to adoption of Secretary Red
fields plans. 1t is my personal opinion
that some compromise Is inevitable
Morse to Shepard & Gluck.
Chicago-There was considerable buy
Ing of corn because Of nothing definite
having been announced in connection
with the recent matter of packers look
Ing toward lower hog prices. f. S.. Sny-
der, of the food administration, wires
that neither the food administration
nor any other branch Of the government
has authority to fix a price on hogs,
but that the food administration may
and does limit profits on pork and pork
products, Country reports indicate that
the heavy rains over the greater part
of the belt will prevent farmers hauling
grain for at least a week. Farm work
is somewhat delayed and oats must be
put in, SO that the prospects of an
early heavy movement OF grain Is not
bright. Exports of lard and meats last
week total 1000. 900 pounds, or 20,000,-
900 pounds in excess of the previous
| week and comparing with only 20, 900, 600
pounds last year.-Wagner & Co,
LIVE STOCK MARKET
EHa -