The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-05-16
ROUND The TICKER
Cotton.

New York-Cotton opinions: Bachs
& Co. We expect eventually very
much higher prices. but would not
recommend buying al the present
level" Hutton g. Co: 1T looks as
though prices will be worked still
higher, but the market appears heavily
long
New York-Expect continued advance
subject to occasional profit-taking re-
aCtions.-McElroy to Cotter & Turner.
New York-Market again ruled strong
on further trade buying and scarcity
| sellers; advices from Texas say average
reduction will be more than recently
| estimated.-Gwathmey to Foster.
New Orleans-Advance due to con-
| tinued favorable spot and dry goods ad-
vices and report French government
agent arrived this country to buy large
mount goods. Stringency new contract
demonstrated in premium current
month over spots, which weAkens tech
nical position and would Increase diff
ficulty liquidation in case confidence
| speculative long interest disturbed
Ellis & Co. Night Letter.
New York-Liverpool and trade buy
ing with Wall street and wire houses
selling OF advance: more business
Hubbard to Reese.
New Orleans-The market has a good
tone Que manly TO the bulge IN Liver
pool. some traders are AFRAID OF the
low area 10 the west OF Texas, which
tney 'R LIN may 4rihg more rams 70 % 6 ans
bales of cotton for Japan today. Total
exports this day last year were G,315.-
Shepard & Gluck.
New York-Large spot people still
guS n,6J 80 &c ms stTnai 49,
Ia apt orto ~ EuuG " nn
| where can react sharniv -Hubbard 10
Reese.
Nv, vo, Ad,,tso a,ui,u oo+obor
We" mhLAu senSHs SOcIo ne
neov ~ ie uuSnnS Tue ne" ~ aus
an pCtm on IN ,,
mana an hotea. InproVea Nport inquiry.
ln,mh teCmnIva' eonu,tlon eAoeiieIt'
meet some recession as sentiment gen
| eersilv bearish on imnroved cron pros-
meet; stiIj think bowever snarket mr.
! chase on weak neriods -Newman Pros.
& Worms to Gustafson,
view ork-Mitcheh heifier ana
FearSalI puyihs'
New orleans scattered shower
GeSCeIn pvtt. L'EeipoT eaoLes M q
oi ne Ia Ivy ~ 9 itooe custaSsor
NJ, n.l.ou. tnonoa 49, saw,
NeW OlIgnt ILeLPooi oaDeS Ee1y
l Il nnnhnatn hI1NFinn mr. short nnNAEI o
absorbed long liquidation, Good UNDER
tone.-Shepard & Gluck.
New - wv nrofit- taking but
lots Of buying orders coming in from
Wall street and the West.-Clevenburg
to Cotter q Turner.
New yorL-Inlv fraeIv for saIe, will
vradna Nv sion advance IN a. continues.
represents sales of old cotton South
Hustace Hubbard to Reese.
New York wires. Wall street is fur
nishing sensationally bullish statements
that cotton mills are doing the largest
business in their history at enormous
prices. This dope has brought in large
buying ORDERS to the cotton market. In
the meahIlLne tnihS Ine pig people are
ieaVing'-Sheparu q GiucK.
New DEMONSTRATING wires from
Huston; GOOD demand for staples. but
short cotton neglected-Fenner to Gus
larson.
Grain.
,
Memphis receipts: Corn J. pats z and
nay IL cars'
hog receipts: Chicago $4,000, Omaha
IV0UU, Kansas Clty 4,5O0, sioux CITY
4,S0O, ST. Joseph 3,OUs, st. Louis 5000.
Cbicaao-Receipts Wheat 9s. 600. corn
| 112. 600. oats 232. 900. SHIPMENTS. Wheat
| 238, 0O0' corn az 900 oats 144 000.
e.. T....
o. 90 oae neteipts; w eat sI,Vvv'
T9tn HS,oev, oats CS,VV; PINE
wheat SSo'oVo' corn 5E'VoV' I S4,Ooo'
Chicago.-Country offerings very
small. Some shipping demand for oats.
| Hear of a few cars of corn sold for
| shipment from here.-Vanness to S,
& G.
Grain belt forecast: Illinois and wis.
consin, generally fair tonight. cooler
Minnesota, Iowa Dakotas and Nebrasks
fair tonight and SATURDAY. not much
| change in temnaratnre Missouri and
Kansas cloudy with local thunder
sbouJars slighi,v yvar,rar
NeN' ~
Chlcago.-Market IN corn developed
poor support when locals, turned tc
selllng slde. cash corn demand oVei
ntSnt oo any S a
YIN VI ou.siue Loth ~ Goine h9ie. ny
loth sussesIs thal pLails may pG unoeI
may ~ nasut9 new wneat 0Up ~ upe
htalnet way 20 nay hate IA ut.i
renorts Sweden has canceIied some oat,
nurcbases NWild n s X a
Cb,caoo earn norlst a,tactad h.
allow cash damand s;gns % nroerass I,
Mans 10 bendie NV Sihoat Snpsnoo 81 y
l'tiAo - A'Nt hSN "iN"Nt ." p"