The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-04-15
ROUND The TICKER
Cotton.

New 1Ofk-hutton q CO. The 8d-
vance has discounted to a large de-
gree the signing Of the peace treaty,
Moyse & Holmes: We would only buy
on depressions. Carpenter & Co: The
advance has just begun,
New Orleans-Liverpool very good.
Shorts covering on favorable politics,
and market bare of contracts caused
advance. Think market likely go high
er time being.-Shepard g. Gluck.
New York-Advance hardly started.
public viii be rushing in 3 cents high
er.-McElroy to Gotter & Turner.
New York-Liverpool buying; some
commission house buying on better for
eign news; good deal profit taking
~Clevenburg TO Cotter g. Turner.
New York-Sentiment bullish with
customary profit-taking: all expect
higher prices.-Hubbard 10 Reese.
New Orleans-Census consumption
March 1876, 600 less thar last year; now
eyer. buying disposition prevails or po-
lltlcal news, bullish goods market;
tronger spot news; some low grades
sold after hours half cent over quota
tions.-Clark TO Cotter & Turner.
New York-Sentiment very bullish on
report Of excellent demand for goods;
uptown there are TO bears In sight
Hubbard to Reese,
New Orleans-Better spot demand
and prospect for early peace stimulat-
ing market.-Fenner to Gustafson.
New York-Liverpool cables this
morning came 10 to 20 better than
due, thus further confirming all re-
cent adViCes that the Manchester bust
ness was expanding. While the South
sold yesterday and there was an easing
on spots in sections, Liverpool n
the continent were buyers. our goods
markets are getting more active, and
with signing of peace everybody eX-
poets rising values in all commodities.
Great Britain Is steadily removing i'm
pediments to business and now ready
to resume business with late enemies.
-Fallon to Shepard & Gluck.
New Orleans-While the consumption
figures are even lower than expected,
the market opened high because of the
favorable political news. Lowest esti-
mates by the trade were around $780,
900 bales. March has more working
days than February, which should have
resulted in somewhat larger Consump-
tion.-Shepard & Gluck.
New Orleans-Advance due to indica-
lions from Paris hat peace negotia-
tons nearing completion, which caused
stampede shorts, While further sentl-
mental rise may follow announcement
peace, think recent advance will defeat
important reduction acreage and doubt
maintenance present levels unless crop
account unfavorable.-Elli & Co. night
letter.
New Orleans-This advance is a good
Illustration of the potency OF peace
news, The official forecast for the
cotton belt calls for fair and colder
weather except for rains in East Lou
Isiana, West North Carolina and in
Alabama and Mississippi. Frost is
likely in Oklahoma, Northwestern Ar
kansas and North TeXas,-Shepard &
Gluck.
Pine Bluff, Ark.-Fairly hard rain
here Monday night and this morning,
with temperatures much lower; broad
inquiry from Eastern spinners at high
er prices,
New York-Market has firm under
tone; trade demand increasing: with
reactions expect much higher.-Gwath-
mey to Foster,
New York-Weld's people do not ia
yor buying now; think situation we'll
misunderstanding.
New Orleans-Reports of heavy rains
in the central belt are putting the
market up,
New O~rleans-Good political news in
afternoon press; spot news, bullish
weekly report expected tomorrow, caus-
ing firmness and increased support
Clark to Cotter & Turner.
New Orleans-Reports from Calves
ton say that a boat is loading cotton
there for Trieste, which is accepted here
as meaning that the cotton is destined
for German Austria. 1t is announced
here that the boat for Genoa with
drawn yesterday has again been put
on. She will sail this month With l6,-
900 bales, all room having been sold
up,-Shepard g. Gluck.
New York-Think will work higher.
rather sell tomorrow, anticipating even
ing up over holidays; meanwhile South
selling, many u~nfavorable weather re-
! ports bringing Wall street in and they
are not through yet.-Hubbard.
New Orleans-Some of the s~teadiness
Of the market is due to expectations
Of bullish weekly crop accounts from
the government tomorrow morning.
There are also reports in circulation
Of a much better feeling in the spot
department. Local spots are said to
be higher to buy and Paris, Tex, re-
ports the best demand in months. Llv-
erbool is reported a good buyer at Tex
as points, and one transaction of 20, 900
bales is said to have been put through
yesterday Shepard & Gluck.