The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-09
ROUND The TICKER
Cotton.
New Orleans eIears sS. 500.

CueIo, leAhS, wires. "HeaNy rams 4
ever this territory. Boil weevil bad
New Orleans-Last rally on reports Of
heavy rains from South Texas Bren-
Co.
Ferris, Texas-Hard rain here now,
New York-Dry goods higher than
last Monday. Cotton should be back
there,-McElroy TO Cotter & Turner.
New Orleans-There is every indica-
ton that the interior is buying con-
tracts on the foul fields, which are in
plain sight TO il. New York saws that
a prominent trader Is a large buyer
Shepard q Gluck.
New Orleans-Thomas Villata SAYS
crop outlook is by no means promising,
Fields are very grassy and labor hard
gun its growth with no tap root and II
a hot, dry July and August should fol-
these rains this could turn out the
shortest crop for the past five years
Clark & Co.
New Orleans-According to New York
reports, big traders, who last week
were heavy short sellers, quietly COW
cred toward the end Of the week and
are now going long, leaving the smaller
shorts to eNtricate themselves as best
they can, The market Is very firm on
covering. There Is also fresh long buy
ing on expectations of unfavorable
weekly crop report from the govern
ment Wednesday.--Shepard & Gluck.
New York-Jap brokers and Wall
street buying. Shorts getting nervous.
Cotton is cheap under 30 cents,-Cleve
to Cotter & Turner.
Monticello, Miss, wires; Acreage
has been further reduced by rains TO
about the extent of s per cent, We
haVe never seen as much grass in cot
ton crop. Boil weeyils have appeared
In veritable hosts"
New Orleans-The talent got beautl-
fully hooked, There were just two bulls
of the best known local room traders
describes the situation. Shepard 4
Chuck.
New Orleans-Market quieter and aft
er nearly a cent advance some selling
developed. However, believe that the
weather outlook will provide steady de-
mand on reaction, Spot market quiet.
Factors say holders all gone back in
the hole n ordinary cotton withdrawn
from layouts-Clarke g. Co.
New York-With liquidation appar-
emily over, market advanced sharply on
covering by recent sellers and local
buying ,-Gwathmey to Foster.
New orleans The market is higher
on rains in the belt and the large eX.
ports for the day, New Orleans clears
S6, 52S bales for England and the con-
tinent.--S. & G..
New Orleans, This Is a weather
market, but think should hold on tech
meal position-Gluck.
New York cotton opinions: Carpen-
ter n Co.-The market IL cleared Of
over extended long interest. Jay & Co
We do pretend to predict when the
great readjustment Will take place
prices can still advance. but We UNI
hesitatingly urge caution In all under
takings,
New York.-Elwood just sold about
5000 December and 1t passed into strong
hands,-Delaney to Cotter & Turner,
New York.-Market feels influence
return bad weather. Weld and Liver
pool houses conspicuous buyers. Shorts
uneasy,-Delaney to C, & T.
New York,-Liquidated and oversold,
dry goods strong; weather showery;
buy all soft spots, -McElroy to Cotter
d. Turner.
New Decentralization for showery
weather over entire belt and better po-
litical news frightening shorts.-Fenner
to Gustafson.
Gram.
Memphis receipts: Corn II, oats 80,
hay 16 and alfalfa meal II cars.
Hog receipts: Chicago, 40, 900; Omaha,
| $500; Kansas City. 1900; Sioux CITY,
5000; St Joseph, 10000; st. Louis, 49,
900.
Chicago.-Receipts: Wheat, 5000:
| corn, $50, 900; oats, $40, 900. shipments;
Wheat, 81, 900; corn, l04 900; oats, b57,'
900.
st. Louis .-Receipts; Wheat, $4,000
l &C., 40 ann. tate Oae 000 2hInn1pntS \.
Wheat, 10, 600; corn, $4,000 oats. bb,00O.
Chicago.--Grajns opened somewhat
steady, but sentiment as a whole seems
to expect selling on bulges.-Wild.
Chicago.-The grain markets are
checked by the restraints on corn and
general attitude OF food leaders. The
| bull talk on lard continues, but many
question the right Of q serious advance,
Government report due today should
be an aggregate record, The first corn
report is due July /. Chicago received
3 1000, 900 corn last week and local stocks
should gain heavily. New wheat plans
by which the United States will swal-
low its 1925 loss at point of contact
with the miller are in preparation.
Some believe the primary receipts OF
corn and oats viii be liberal all month
in advance OF the record new wheat
| rush. The weekly weather forecast Is
| SANVSuihbAS "S"~ -
Chicago-Corn market has frightened
up again. Primary receipts are very
large, but much of the country news in
Dictates that the arrivals are about to
drop off. July lard at the new high of
$34.25 Is a factor. Many people have
| challenged this advance in lard as being
out Of place with conservative ideas OF
food, but the market continues to tight
en.-Wagner d Co.
Primary ACKNOWLEDGEMENTS: Wheat,
400, 900, against 601, 900 and 44S, 900; corn,
| 1886, 900, against 1,122, 900 and 8l3, 600
oats, 1882, 900, against 1,0O2. 900 and
$50, 900. Shipments: Wheat. 10 900
against 81 600 and 50, 900; corn, 499, 900,
against 341, 900 and 500, 900; oats, ! ,099, =
| 600, against ST., 900 and SOL, 900.
Chicago-some buying Of oats on re-
ports Of oats turning yellow In sections
Of Missouri and lllinois.--Wild to Shep-
ard a. Gluck.
Chicago-Country offerings OF corn
and oats to arrive light. Eastern de
mand slow, So far no inquiry for oats
from the seaboard or Buffalo, Some
| reports Of corn arriving In heating con
| dition down East. A few cars of heat
ing corn here this morning.-WJId.
Stocks.
New YoFk.-Labor unrest given as
reason for heaviness in stocks.-Thom-
son e. McKinnon.
New York--Looks like higher money
and probably lower market. Hear the
government Is calling for 80 per cent on