The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-11
ROUND THE TICKER
Cotton.

New York-Houses with Southern
connections supplied contract rather
freely Immediately after the opening
Burke TO shepard & Gluck.
New Orleans-E0th Galveston and
Norfolk revised spot quotations yester-
uays widening the discounts on the lOW
BIades so thatLialYeSton now stands
$50 points of on good ordinary and
norfolk $50, The average discount on
good ordinary at the 10 designated spot
inarkets Is l.053 paints, against 1850
IN New Orleans; low middllng on the
average IS 543 or against G50 In New
dreams. The changes Of yesterday do
not make a better old contract in New
Gluck.
New fork-lt am: Market very ir-
legular' urgent covering apparently
over Tor moment: traders looking for
reaction, Mitchell and spot houses tried
70 start It early but found too much;
some beactlon due, but locals going
short In anticipation, thus strengthen
ing market Y buying appears.-S. r..
Hubbard to Reese.
New Orleans clears s2.572 for Eng
land and France today. Total exports
from all ports this day last year was
10, 1929.
Fair weather is predicted for the
eastern half Of the cotton region.
New Orleans - Somewhat better
weather; reaction idea prevailing for
6earish census report Friday. but bet
ter spot situation n general feeling
short interest large: futures at too
much discount; think bullish current
soon prevail again,-Clark to Cotter &
Turner,
London-The British minister Of ma
tional service in the house Of
predicted the lifting Of the blockade
against the central powers within the
next few weeks,
New York says that dry goods trade
is more active and that prices are low
er on several staple lines.
New Orleans-Following from At
lanta, Ga: General complaint through
out Georgia shows preparation fully one
month late. Fertilizer conditions very
serious account high prices. Very little
trading, further, fertilizer houses not
offering credit except where all ac-
counts paid in full, also understand boil
weeril conditions indicate heavy dam
age account mild winter throughout
Ge~orgia.-Shepard & Chuck.
New York-Weld & Co.: The market
has every appearance OF going sub
stantially higher,
New York-Weld says they have been
good buyers for couple days; demand
to cover not so urgent this morning.
CleVe 10 COtter q turner.
New York-The market ruleE st~07g
all day yesterday, although ut
ing any gains from the opening 5
except on March, which bumped lc on
active covering demand, with news that
a large percentage Of the tenders were
being appealed as unfit for delivery.
Heavy reduction OF acreage and dimin-
ished use Of fertilizers. with prospects
Of a small crop, looms up steadily as
a bull factor.-Fallon to Shepard Il
Gluck.
New Orleans-Liverpool better than
due, Still believe buying on all set
backs, as crop preparations continue
unfavorable. As the time to transfer
into the new style is limited. we would
suggest that our friends do not remain
in too long, as we believe fluctuations
will become more violent as the old
interest Is reduced.-Shepard & Gluck.
New York-We advise purchases on all
setbacks, as think market will sell
much MISUNDERSTANDING to Foster.
New Orleans Contract strengthened
further by latest advice from Wash
ington eliminating strict middling yell
low stained and all blue stains, May
have little further reaction, but under
current bullish.-Clark to Cotter & Tur-
ner.