The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-05
ROUND THE TICKER
COTTON.

After several years association with
the firm Of J. =. Mathis & Co, where
they learned the business Of handling
cotton from their father, J, X, and II.
r. Mathis have entered business on thir
own responsibility. The style of the
will buy cotton.
New orleanB.-Map shows two i'm
proved conditions, fair, warmer west
ern and central belt: also Alabama, no
rain; cloudy Atlantics. with rather
general rains heavier in coast sections.
English consSls y lower to 54A; lowest
In years.-Clark & Co.
New orleans.-Liverpool cables:
STEADY market with a decidedly better
tone: Much liquidation; moderate but
Chuck.
New York--Spot houses buyers. They
we're supplied by the South and profess
belt. ~
New York.-Local sentiment very
Dearlsh; not enough buying power here
70 sustain 1t for the moment: Weld
ADVISES buying all breaks.-Delaney to
Cotter & Turner.
New Orleans.-Market opened steady
ehough; out fell off Immediately after
the call. New York reports l~iotiidation
and there are rumors that big traders
ard Il Gluck.
New York reports strong advances
on some lines OF cotton goods. Bleached
cottons have advanced 2h cents a
YARD, making a rise OF 5 cents for the
week. or about 30 cents a pound.N
New Y~ork-Spot demand in Liverpool
- moderating with sales being only 5000
At a decline Of 35 points. Futures,
however, are rs to 81 points better tia
Que. The check given to speculative
ACTIVITY in the security market Ia being
rejected in other markets, the dry
goods eenters reporting a calmer situa-
ton. The outward movement from our
shores IL disappointing. Southern Of
ferings were in increased volume and
tne buying power certainly less. While
further price recession would excite no
surprise, the general sentiment still
taVors the bull side.-Fallon to Shepard
& Gluck.
New York.-Better weather man
Drousht outside sellers on Liverpool un-
expected MISUNDERSTANDING to Reese.
New orleans-Three cents break ap-
pears TO- have pretty well shaken out
while refusing meet decline, and unless
present demand for cotton and cotton
goods diminishes some TecoVery seems
probable.-Ellls & Co. Night Letter.
New York cotton opinions: Hutton &
So.-The market Is in a position to do
peter should any unfavoTable r de-
velopments occur Orvis Bros.-Erratic
markets are likely as a result of spec-
ulatiVe liquidation to come and trade
buying. as conditions reouire.-S M
Weld q Cove believe purchases on
these setbacks will ultimately show
good profits.
New orlenas.-New York wires.
Think the biggest long lines were
quietly ~liquidated ON the strong mar
kets or last week. The trade is buying
AZ the decline. Professional traders are
snort Shepard n Gluck.
Augusta wires: Raining steadily for
iast TWO days. Cotton injured
New Orleans.-A share Of cotton ex-
change stock sold at $40, 900 this morn
Ing, the highest price In many years
Shepard & Gluck.
New Orleans. New York wires
Liquidation about over; big speculat.
I'VE long interest about out and now
short. Market m back more easily
n would respond quickly to buying
Clark & Co.
New Orleans:-Market shows little
resistance and looks like spells of liqui.
dation; Spots quieter. New York re-
ports further selling to liquidate from
Wall street. Think on further break il
Is a buy for quick rallies .-Clark 4 Co,
New York.-Think liquidation aboui
over; outsiders heavily short; trade
buying and calling.-McElroy to Cotter