The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-03-02
ROUND THE TICKER
Cotton.

9enes 's ,''a1ien ANS tndtnCy may !
5it,,'l,, ,,,nrs prominently also on es'
"a. narfIcularl. II weather C'hut $50 !
fav,-r "A reasonably good STAR
crop,-Clark, ,.s
Nsw york-Thiuk big March ,ghss |
quietly passing but advance " hS S.g1s'-9
simply means little export uN' '''7
McEroy to CotteT & IaiheI'
Nev. orleang-Weakness Liverpoel re- /
fleets better feeling in sterling, Whus
reactions likely frcm these leS5is,,
Al moi look for any permanent Veettt
in view of strength Of spots ana i'Ss'
positions.-White
New York--Weld letter adNlsts
against short sales and Will only tAsSuts
! March selling orders IN nqulud1'oii a.,
| they believe there il stu large shol
| interest in it.-Cleyenburg TO Cotter
| Turner. #,,
New OrIeans-There was undou6tedly
some cotton up in Southwest ItNas
| that must have been injured oy prs
ent cold spell particularly m the l9 ~.
| Rio Lrande valley, as advlces from 1utr
pus Christi say; 20. p intn he
| whose business takes him INTO w ~,
| country great deal reports quite lo1
of cotton and corn up FEB - ee'
| to McFall.
I.iverpool-"S Small. steady without any
| special feature at opening, Later "
| ciined on Manchester selling, local long
| liquidation indused by minimum. prices
| Alexandria and rise exchange
New York-Liverpool affected by
large stocks which have been gfauSq3al-
| ly accommodating and improved stelllng
| exchange. Liquidation Of a fairy laIss
! line OF May and July by prominent olr
/ orators yesterday took the edge OIL
the market. March shorts stu endeaN-
oring to cover, while trade in Instant
I i l., 11,r To tTn1
ing and some hedge selling on hd-
vances. -Overton, of McFadden, TO NC
Fail.
New York-March holds like rock
and casts its influence along the wll3ie
line. New York middling Is 4O'29c' the
highest of the season. while May Is i've
| cents below 1t while all the spot mar
kets in the South are higher ana no
cotton heading this way and the Ger
| tificated stock here only 1000. HOW Is
all this artificial condition to be recu-
fled? Certainly seems unwise 10 DC
short-Fallon.
New Orleans-New York quotes dol
lar rate on cotton to Genoa, the low
est freight rate in five years.-Shepaid
l. Gluck
New York-Small trading. feeling here
bullish, regarding decline in Livefp ,'J;m
as due to Egyptian troubles ana WIN
not affect American markets.-Hup-
bard to Reese,
New Orleans--Liverpool declined on
improvement exchange, which should
cause better American market-Elils q
Co.
New York-One cable says: Heavy
selling of Liverpool for Egyptian &C
count; ticker says committee formed
in Alexandria to stabilize cotton fol-
lowing severe slump resulting in bank
ruptcy of one firm.-Hubbard to Reese.
New Orleans-Some little selling is
, developments on labor troubles on the
docks, which look as bad as ever and
are preventing free movement OF
freight, At the same time the barom-
! eter lines on the weather map are bad.
There is a pronounced storm area just
about to enter the belt from the north
: west. 1t is likely to bring rain and
snow TO the Western belt generally
Shepard & ,Gluck.
; New Orlears--Liverpool weakness e.
3 fleets improved exchange technically
Z weakened by substantial March liqui-
4 dation and with new crop consideration
| becoming daily more important believe
sustained advance increasingly difficult
l-Newburger & Co. to Foster.
New ork.--We hear from variou:
q | sources that merchants are eager t
! | liquidate in very short time. This
condition may gain momentum.-LiV
ingston to Clark.
3 New Oreans,-Firmness March sus
Z tanning feature, but some offered a
80 cents, holding market in check. Trad
| bility wet weather in western~belt an
are encouraged by large eXports.-BeeI
Ill New Orleans. Rumored big reduc
ton ocean freight from New York T.
! Genoa, Italy, 81 per 100 pounds lowest \
u five years. Rate from New Orleans t.
o Genoa last month was quoted $3.50 t.
: S215 per 100 pounds.-Beer.
/ Grain. o..
+ Grain Forecast: All states unsettled
W tonight and Wednesday, colder excep
warmer in Missouri.
Z Chieago-Omaha and one Easter
,ee house bought corn at opening. Beyont
II that the demand Is small. Offering
came entirely from pit element. Fea
~ ture is absence of important selling.
A., Babcock.
10 Chicago.-Commissi house which is
y. sued estimate on farm reserves yes
Sc terday has been seller of corn thi
er morning. -Babcock.
~ Chicago.-There are several report
II from seaboard of re-selling of oats b
20 exporters Taking this fact in con
to junction with small farm reserves oat!
a it would seem, to be a good place
re- sell May and buy July oats.-Babcoc
to Clark a. Co.
hit New York.-Cottonseed oil sentimeT
during day yesterday was more mixet
49, but after the close last night there wa
e. renewal of the bearish feeling an
some large local professionals VIII
% have been friendly of late to the Ii!
stated that the rally had been SUI
Is fcient, under present condtions.-MC
Fadden to McFall.
q Chicago.-Market takes the Snow
"A figures conservatively. In our opiniC
anything above one billion corn {
farms is not bullish, We prefer to TO
low the cash corn news and receipt
Wild to S. & G.
Chicago.-Ticker says Local trade
inclined to selling side on account veal
ness in stocks but buying has been
a good class.
New York,-Fahey. Of Baltimor
- here and trying to resell 100000 oats
a Chicago firm is asking more tn;
70. other interests,--Wild to S. g. g.
Chicago. Snow estimate on farm r
20; serves: Wheat, 1873 per cent, or Ia
'Sl 900, 900 This is about 16,CoO,0O0 mo
u than year ago, but slightly less thi
~. five-year average. Corn, S5't per Ger
'c' or oil 900 900, showing consumpti
since last March l of 1857 100000 '
/ 737 0O0. 900 year previous. oats. 81
= per cent, or $40 O00,0 600 This is smalle
no percentage reported for many veal
'oo Winter wheat crop advices very di
couraging. All important territor
Ohio TO Missouri, reports Hessian Fl
- Local observers say lack of snow al
% presence of ice pack leads to expect
eedd, ton of heavy winter killing, --Babco'
o. to Clark & Co.
Chicago. is getting help fro
influential local traders. Market NEE
% ing no opposition except resting q
Ar ders. -Babcock.
Chicago. Wagner bought 10000
July oats and still buying &C. G. & {
to McFall
lie Stocks.
ks New York-With conflicting influen
a | al work II is inst a question Of knON