The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-04-04
ROUND The TICKER
Cotton.

" TTTFT TO TTTU0T UVTVTNTT TUW 10 pUGTdTTT
the market is a good demand for spots.
Advlces from most Southern markets
indicate that offerings are freer and the
basis lower. This would seem to indi-
dictate that spot holders in some. IN
stances are letting go more freely. 1t
Is also reported that the demand has
peen running recently on the lower
grades while the good. grades are less
sought after"
New York.-Market eased under
Southern and local selling in absence
any broad demand; better demand at
recession.-Gwathmey to Foster.
New Orleans,-Weather conditions
rather better than expected: further
signs easier tendency spots, Paris news
disappointing; may have further rally,
put Weekend reaction probably.-Clark
to Cotter & Turner.
New York.-Sterling exchange regis
tered another advance yesterday with
rumors that Britain's financial agents
would lend support to the market. Man
chester certainly seems to have turned
turtle from recent adVices II the pres
ent spot activity in Liverpool denotes
anything. Spots in the South, however,
seem yielding somewhat, and this
caused some relaxation on the part of
holders OF May, who do not want cotton
headed this way. More normal condi-
tlonS are now to be eXpected.-Fallon
to Shepard & Gluck.
New York.-S. NJ. Weld & Co.: We
continue to suggest conservative pur-
chases on fair setbacks.
New York.-Traders expecting reac-
ton are selling new crops in small mar
ket. Ticker reports decree issued au-
thorizing importation of cotton into
France.-Hubbard to Reese.
New Orleans.-Liverpool cables: "Ad-
NQnrh nun tn trade huuinu and lagG nf
fering.' Another cable: Market opened
higher on scattered general buying and
eased later under a little straddle SELL
ing. Shepard & Gluck.
New Observation-Disclosures cables,
Best demand for yarns and cloths
since armistice.-Fenner to Gustafson.
New York.-Professionals selling in
absence support led by Pearsall. Good
deal liquidation. Sentiment favoIs pur-
chase new options on all setbacks.-
~Clevenburg to Cotter 60 Turner.
New Orleans.-Liverpool cables
There Is a healthier tone in Manches-
ter and more cloth and yarn is being
sold than at any time since the sign
ing of the armistice, Prices are harden
ing, especially on American yarns."-
Shepard & Gluck.
New York.-Rumors actively %circula-
ted holders high grades intend deliv-
ering May.-McElroy TO Z, & T.
Birmingham basis reported
easier when one tries to buy spots in
terror it's u different story. Holders not
at all worried over decline In contracts,
-Gluck.
New York.-Dukinfield cables: Man
chester buying, more doing.-Hubbard
to Reese.
New Orleans,-Cloudy weather is the
forecast for the western belt except
for Louisiana, Rains are predicted for
the Atlantics and fair weather Ala
bama and Mississippi. Gables from The
Hague say that food ships arriving al
Hamburg will take potash back to the
United States.-Shepard & Gluck.
New York.-Am reliably informed that
the parties who have had the May UNI
der control are now selling them and
taking their July at $50 points differ
ence. The greater Improvement In Liv-
erpool May this morning may be due
to wire pulling to help the unloading
operations here as one OF the parties
Is in Liverpool now.-Fallon.
New orleans-The Pacific coast ex.
ports today ll,159 bales OF cotton
Greenville, Miss, wires; Raining hare
here, which means further delay L
the crop, Good demand for spots" -
Shepard g. Gluck.
New York-Around midday there was
a renewal of local selling which seemed
to be inspired by a Paris press report
saying that peace by Easter was i'm,
probable.-pearsalls.
Dallas-Southern Products Co, say
reports from correspondents indicate
account wet weather soil preparation,
10 days late; farm labor short as las
year; quantity and quality fertilizers
for cotton materially reduced account
high prices commodities small planter,
having trouble financing crop, Mil(
winter favorable for weevil. Prospec,
last year. By states; Texas, sac; Okla,
homa, TS.7; srkansas, SO; Louisiana
Sill; Georgia, Sill; Alabama, 9s,S; Mis-
sissippl, SCI; C~arolinas, 1871; Tennessee
sos.
New Orleans-Reliably informed tina
approximately billion dollars held il
New York banks by Scandinavian in,
~terests ready to finance German anC
Austrian trade when peace signed
Fenner to G~ustafson,