The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-05-23
ROUND THE TICKER
Cotton.

ing influence thus far. Galveston eX-
ports 4,ll9 bales Of cotton today, Total
exports this day last year were 1881.
Shepard & Gluck.
New Orleans-A travelling man from
Buena Vista, Ga, wires: The report
that Georgia has reduced acreage 20
per cent Is untrue. | sold a big farmer,
who is a man Of affairs in South
Georgia. yesterday, who runs a hundred
ploWs n other interests. He tells me
that In his section of Georgia, a splen-
aid cotton section, there Is ne reduc-
tion, b an increase of at least Is per
cent. | know that in my section OF
Georgia, between Columbus and Amer
lcus, there is no reduction. AS soon as
we have a week of good open weather
the farmers will clean out the crop,
which is up in good stand Sentiment
ranpantiy bullish and until this bullish
wave Will have spent itself it's useless
to fight II, but something may happen
ana usually when least expected. We
therefore advise taking profits with
view replacing on declines,-Gluck.
New York-Liverpool selling checked
advance,-Hubbard to Reese.
Liverpool cables: Very excited mar
ket. ~F1uctuating erratically and nerv-
ously, Chief feature speculative long
liquidation by Manchester"
New Orleans-It is reported that the
National Ginners is out with a condi-
ton report Of IT'S per cent of the nor
Shepard g. Gluck.
New York 49, Liverpool. McFadden
brokers and Jap brokers buying. No
indication any NEUTRALITY-SUSPICIOUS. to
Cotter & Turner.
New Orleans-New York says that
there has been a further rise in the
price OF cotton goods, with many lines
being withdrawn by selling agents.
Cotton yarns are strong and advancing.
Shepard & Gluck.
New York-Big profit-taking easily
absorbed; better weather ignored; still
higher.-McElroy to Cotter & Turner,
New York-Steady; traders expecting
realizing on~better weather and follow
ing recent sharp advance, but little Of
ferlng at moment@Hubbard to Reese.
New York-Weld looks for very much
higher; so do ], but haven't nerve to
advise purchases on scent bulge; biz
scramble for goods in Worth street yes.
terday.-CleVenburg to Cotter & Tur-
ner.
New York.-One OF the prominent 10.
cal spot interests is credited with hav-
ing been a heavy seller of July here YES
terday. People who have been promi.
nent on the bull side OF the market, OF
some OF them at least, are predicting
very much higher prices. We know a
cotton man who was a strong bull al
20 cents on the belief that foreign gov
ernments and trade interests would be
enormous buyers of cotton in the
American markets. He is now predict :
ing Il break of 5 cents on the idea ina
foreigners will not be able to obtain
the credits necessary to buy the sup
plies 1t was expected they would take.
-Pearsall.
New Orleans,-The market is being
crowded hard by those who are playing
for a reaction. A New York message
says: we know that a large short in
terest has covered" Shawnee, Okla.
wires: Raining here since 9 am
d%ownpour now,"-Shepard & Gluck.
New Circumstance exports, large
mill demand In Atlantics; Augusta sells
about 10000 bales.-Kofler.
New York wires: Market re~actjonary
and unless fresh support develops will
decline further.
New Orleans.-Texas wires prices
paid generally over anterior 81 cents,
large sales everywhere. McFadden
bought 1000 bales Galveston.-Fenner
to Gustafson.
New York.-Room shorts covering
Mitchell observation-disclosures to Reese.
New Orleans.-The market is advance
ing because spot people are claiming a
big spot business is being done all over
the South.
Grain.
Memphis receipts: Oats 6 and hay
10 cars.
Chicago-Receipts: Wheat, IS, 900;
corn, 81 5000; oats, 1873, 900. Shipments.
Wheat, $1,000; corn, So, 900; oats, 233, 900
st. Louis-Receipts: Wheat, "a 1000.
corn, 5000; oats, $4,000. Shipments.
Wheat, $4,000; corn, $4,000; oats, 92, 900
Kansas .City-Demand for cash corr
here dropped off yesterday. Only a few
cars sold at 1c decline. Most of the
samples were carried over unsold. st,
Louis-Millers are in this market fol
white and yellow corn. Chicago-East-
ern corn and oats demand poor.
Chicago-Corn opened lower on re-
ports OF large quantities of provisions
o~verhanging the market, While much
OF this stuff may be sold abroad, SOM
believe a portion of it will remain in
the United States. Corn offerings more
liberal today.-Wagner e. Co.
Grain forecast: Illinois, Missouri, Wis.
consin and kansas-Part cloudy, un-
settled and possibly showers tonight
and saturday, warmer. Minnesota. Ne.
braska-Generally fair tonight and Sat
urday. lowa-Cloudy tonight, probabl,
showers, cooler; Saturday fair. Dakotas
Fair and warmer tonight and Satur.
day
Chicago-Kansas City wires: Wealth,
err over Southwest clear and warm. Oats
and wheat harvest commencing in Tex.
as under favorable conditions. A doubl,
crop promised in both Texas and Okla
homa. Thompson & McKinnon,
Chicago-A cargo of 176, 900 bushels
Argentine corn recently bought by J
c. Shafer & Co., of Chicago, reached
New York yesterday in excellent con
dition and Of fine quality and wal
being unloaded. 1t was offered FIRE,
on board New York at $1.751a, or 10,
New York said the Corn Products com
pany was shipping a special trainloal
OF Argentine corn to its plant at Argo
ILL.,, just outside OF Chicago, and pos
sibly a cargo might be sent West, ]
will be no surprise to see considerable,
Argentine corn shipped West to suppl!
industries which have difficulty in Sc
curing domestic corn.-Tribune.
Chicago-Mincer, who sold corn yes
terday, Is picking 1t up today. Thomp
son & McKinnon.
Chicago-Omaha houses picking NJ
corn this morning Thompson & Nc
Kinnon.
Chicago.-Washington message say
the war department plans to sell a
much OF the surplus food as possible 1
the United States.-Ticker.
New Y~ork.-Judge Gary's statemen
Is bullish. Directs special attention t
the fact that the steel business durinI
the past six months was better tina.
they had any reason to expect. Say
copper will soon sell at 20 cents
pound, that people who are waiting t
place orders for steel may find tina
they have waited too long. Expect