The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-05-14
ROUND The TICKER
COTTON.


New Orleans-The census bureau puts
April consumption Of cotton at as
l52 bales net including linters. While
his must be called bearish' compared
with last years figures Of 544,l25, still
II shows an encouraging increase over
March consumption this veal which
was 4SS, 720 bales.-Shepard g. Gluck.
Dry weather. fair to cloudy is fore
cast for Texas, oklahoma, Arkansas
and Louisiana,
New York-Am afraid advise short
selling; would take profits in hope buy
ing back on reaction, No use fighting
the mob; buying spirit apparent in all
understanding TO Cotter & Tur-
ner.
New Orleans-Further active buying
inspired by favorable cables, unfavor-
able crop accounts and continued good
spot demand. Rumor cotton convention
in session here will issue bullish acreage
and condition report n Chairman
Hurley's assurance adequate tonnage
within six weeks contributed TO ad-
vance. Decidedly improved weather
VIII be required to arrest prevailing
bullish sentiment.-Ellls & Co. night
letter.
New York-Liverpool bought July, big
traders buying new commission houses,
| Wall street and Jap brokers selling;
more business.-Huhbdrd to Reese.
New Yofk-Liverpool bought October
and Wall street now buying.
New York-Vickery wires from At
lanta; No damage yet. but crop late,
being retarded and labor scarce; market
entirely in hands Of big three" and
they will bull it while weather is in
any way ~unfavorable. -Hustace Hub
bard to Reese.
New Northumberland Bashinsky. Of
Frrny Nnln and annfhnF nntinn man
back from England; all extremely ull-
ish on prospects demand after peace
is signed; this was underlying cause
strength yesterday. Dry goods news
Notwithstanding to Cotter & Turner.
New Orleans-significant feature
government report is Southern mill
stocks 400, 900 less than last year with
more spindles running .-Fenner to Gus
tafson.
New Y~ork-Some people buying, with
continued Southern realizing; danger
Gus market, because II weather changes
good map be difficult attract outside
uying.-Hubbard to Reese.
Greenville. Tex, wires: Cloudy
weather, more cotton selling than at
any time this season.
New Orleans.--New York wires that
the big people are allowing the mar
ket to take care of itself, Spot bro
htIS mere SdS lldI liICIC rs q kOJu
demand for nearly all grades. Prices
are called firms. g. q,
New Decentralization clears for
export today 1858 bales of cotton. To
tai exports this day last veal were 1921.
Between now and Friday exports should
be large because of the winding up OF
the commitments Of the first half of
Mays. g. G.
New Orleans.-Thesmor the crop re-
ports are studied the more unfavorably
they look. Several states show up I'M
satisfactory, and market advanced on
their showing, 1t is easy to see how
more rain in Texas will prove to be
damaging and the same may be said
of Oklahoma and Mississippi.-S. & G.
New York kilograms say both Mitch
ell and Scales good buyers there,
New York.-Reaction over; big spot
buying by foreign commissions upset
all bear calculations.-McElroy to c..
& r,
New orleans.@Continued weather
market with some selling on dry fore
cast; active inquiry for >spots.-Fenner
to Gustafson.
Grain. a..
Memphis receipts: Corn ., oats &c
and hay s cars.
Hog receipts: Chicago, 23, 900; Omaha,
1000; Kansas City, II, 1000; Sioux City,
5000; st. Joseph, $500; st. Louis, 10, 900.
Chicago-Receipts: Wheat, rs, 900;
corn, Ill 900; oats, 366, 900. Shipments:
Wheat, 460, 900; corn, $4,000; oats, 49,
900.
st. Louis-Receipts: Wheat, 1866. 900;
corn. 1000; oats, 100, 90. Shipments:
Wheat, 1879, 900; corn, 10000; oats, SO. 900.
Grain weather forecast: Illinois, Mis-
souri,, Iowa, Kansas, Wisconsin, Mime
sofa, North n South Dakota and Ne
braska-Fair tonight and Thursday
warmer.
Observation-Disclosures cash wheat
declined &c to 15c. Chicago cash wheat
declined Sc, with cash corn &c to SC
on reports that the government will
quit buying rye flour June 10. There
were reports of huge army meat sur
pluses, early wheat harvest in the
Southwest and stagnation of cash corn
demand. Hay declined 81 per ton. New
oats crop start looks high.-Wagner
g. Co.
Chicago-Corn opened sharply lower
as result OF the news regarding atti-
tude of food leaders. Weather excellent
and corn planting proceeding fast. Some
talk of a normal acreage.-Wild to
Shepard g. Gluck.
Chicago-Country offerings of cash
corn and oats to arrive small. some
corn offered above the market, but
the break has caused a general desire
to hold back. Eastern demand for corn
| very slow, but for oats fairly good,
| with sales around SO, 900 bushels report
ed so far.-Wagner.