The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-02-27
ROUND TIE Ticker
Cotton.

The official forecast calls for rain or
snow in West Texas and oklahoma, in
~creastng cloudiness elsewhere in the
western cotton belt.
New Orleans-The weather map is
clear, dry and moderately cold. Rainy
weather will probably hit Texas BY to-
night, as a severe storm is headed for
the belt.-Shepard & Gluck.
New Orleans-Schnelder says: "Liv-
eTpOol better than due and should cause
higher opening; market. however, has
no pronounced bullish features and on
bulges would sell"
New York-weld broker bought about
10000 May and July; selling scattered.
-Clevenburg.
New York.-Sentiment has turned;
reconstruction order Of day when
brighter time ahead: bulls control.-Mc-
ElToy to Cotter g. Turner.
New York.-Both Liverpool and Man
chester continue to offer encourage
ment to the constructive side and this
morning cables are Is to % points high
er than due, This should stimulate our
market, but unfortunately the small eX-
ports and reports from our mill centers
serve TO dampen bull feeling, A threat
ened lookup OF our port, due to impend-
ditionS over the belt WilLRall for con-
s~ideration today.-Fallon to Shepard &
Chuck.
New York.. r. Williston & Co: We
see no reason to change our views and
continue to maintain that purchases on
good setbacks will prove profitable, e.
+. HUTTON & Co: We still remain of the
opinion that there will not be any mate
rial improvement prices in the near fu-
ture. j. w. Jay & Co.: Closing prices
with the exception of March were about
unchanged with the tone of the market
good. n. l.. Carpenter 4 Co: 1t might
be well TO watch closely preparations for
the new crop and at the same time keep
an eye on the big discounts at when
new crop months are now selling.
New York.-Very small market: Liv-
erpool and traders sold, but brought out
very little cotton.-Hubbard to Reese.
New York.-Mitchell bid 22.10c fol-
$1,000 May; few more notices out
C~levenburg.
New Orleans.-Norfolk revised spot
quotations yesterday, widening the dis
count on good ordinary by $50 points
which puts that grade $50 points of
middling n the average discount a
the ten designated spot markets Il
1876 points, which is now basis fol
New York, The discount or good ordi
nary in New Orleans is 1850 points,
Shepard & Gluck.
New York.-Very small business
traders inclined to sell, but doing little
fearing bull support; Norfolk widenet
on low grades.-Hubbard to Reese.
New Orleans.-Strong Liverpool; an
other rain disturbance now coming OF
belt; scalpers' waiting market, but de
cided preference buying on depressions
Clark to Cotter & Turner.
New Orleans-Moundyille, Ala. wires
Very heavy rains again here today
further delay all farm operations. TIL,
farmers have done very little towarC
the new crop and the rains will proven
any work for several days. No cottoI
being offered for sale, "-Shepard &
Gluck.
New Decentralization exports to
day, 4,469 bales. Total exports thi
day last year %ampounted to 0.211 bales
Unless there is a great increase in ship
ments today and tomorrow, the tota
export movement for the week is gotnl
to show up unfavorably shepard a
Gluck.
New Orleans-Dull market; reaction
likely on bearish weekly statistics TO
morrow, but think purchase on reac
ton on bad weather ahead,-Clark t.
Cotter & Turner.
New York-Market extremely dull
but tone much improved and we Tool
for much higher near future.-Gwath
mey to Foster.