The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-14
ROUND The TICKER
Cotton.

New Orleans-The weather map
shows a bad storm entering the cotton
Delt. 1t Will bring much rain to every
southern state as 1t crosses the coun-
try The official prediction for the
eastern belt Is for generally showery
similar.-Shepard & Gluck.
New orleans-The weather man is
cloudy but dry. Temperature nearly
everywhere in the cotton region is high
er. New York reports continued activ-
lty in cotton goods and further ad-
Vances as well,-Shepard & Gluck.
New York-Weather south continues
unsettled and serves to further retard
preparations for the new crop, the sea-
son being already n late one. The goods
trade on both sides of the water is UNI
uoubtedly improving and confidence
groWlng.-Fallon to Shepard &Gluck.
New York.-Market nervous, local
shorts uneasy over lack of supply of
cohtracts.-Hubbard to Reese.
New circumstances favor reason
ape reactions from recent authoritative
advance; however, improvement spot
business and bad weather sustaining
Nfactors and futures too low on spots;
don't expect much recession; mill TAX
iihgs ana census consumption expected
oearish.-Clark to Cotter & Turner.
New York-Small market; traders
looklng Tor further reaction, expecting
new wall street selling,-Hubbard to
Reese.
New Orleans-Liverpool lower than
due. After recent advance reactions
likely but on good break would buy.
Erratic fluctuations are to be expected
In old, as evidenced by wide range re-
Gently and probably will be wider as
old interest grows smaller.-Shepard &
New Orleans The Pacific coast
clears 41,S79 bales cotton today. This
day last year total exports were 1890
bales, For the week exports already
are about 1870, 900 bales, against 50, 1873
this week last year.-Shepard & Gluck.
New York-Speculative short interest
reduced, but very large call interest
outstanding, American mills expected
holders back to break and played for
big collapse; now they must meet enor-
nous competition from foreign govern
ments; expect much higher.-McElroy
to Cotter & Turner.
New York-Looks like French com
mission transferring old short July tc
new; trade mostly switching; Liverpool
bought.-CleNe.
New York-Cotton opinion: Weld &
Co: A decidedly more optimistic feel.
ing is gaining ground and they are in
1iilltu " lpbh IOl all early IGSuIllpllOl
of mill demand. The recent advance
has brought out somewhat freer offer.
ings Of spots in the South. but there i.
so far no indication of any pressure t.
sell, Hutton & Co.; 1t looks advisabl,
to us that old-style contracts should b.
cleaned up before May | approaches
Regarding fluctuations In new crops
we still feel that it will require a bet,
ter demand from the trade and an i'm,
provement in the export and textil,
conditions before any material improve
ment in prices will be had.
New Orleans.-Local spot men sa,
that the interior Is offering more freely
Weld, New York, says the same thing
but states that there Is no pressure t
sell-Shepard & Glucp
New Orleans.-Galveston exports A.,
$50 bales cotton to France today, bring
ing total foreign exports today up L
55, 900 bales, In addition II 900 bale
already have moved coastwise.-Shep
ard & GluCk.
New York.-A report from Heming
way, S. c., says not a bale Of cotto.
has gone from that territory as We
to market and no danger Of any going
Lots of farmers in the country are liabl
to plant no cotton at all-Pearsall.