Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1917-01-23
Cotton

(By Associated PreSS-l
NEW YORK Ian E2.-There was 4 renewal
Of active general Liquidation at the opening Of
the cotton market today Tie sharp break CT
SATURDAY appeared to have brought in lot Of
over-Sundsy selling orders and after op-nins
barely steady al decline OF 70 - points,
active months sold - TO b points net lower.
This break carried May contracts off 10 1851.
or practically cent pound under the high
level % last Friday AMI more than 10 points
below the high price reached earlier in Tn.
month. NumerUus stop orders were uncovered
on the break and after their execution prices
rallied some u or - points on covering Cables
hardly met saturdays loczl decline, tut ssnti-
ment seemed 70 be very much unsettled owing
10 the uncertainties OF shipping AMI sCme trad
erS appear 10 EXPECT increased SPOT offerings
With the nearer approach Of the planting sea
son
me early rally met renewal Of heavy gen
eral liquidation HE nervousness Of sentiment
seemed 20 be increased by Washington sdvices
stating that President Wilson proposed TO ad-
dresS the senate ON International affairs and
selling was also accelerated b. a break in
the stock market For a time the market again
seemed 20 be almost demOraiiEei with March
selling off to 1880 and May 70 1855. or 80
20 o points net lower Later advices from
Washington were reassurins. however. and there
we're rallies OF - - points toward midday
Trading was less active carly in the afternoon
and the ma-ket was steadier the more opti-
mistic view us political affairs. the continued
builish average Of spot advtceS and covering May
contracts sold up from 90 to 1873. with the
general list ruling about - 20 IS points L Z
lover toward 2 O'Clock
spot cOtt0n quiet; middIing upland, 1915;
10 zleA
NEW YORK COTTON
The following were the ruling prices in the
exchange today:
To1e steady; middIRg. 1916; quiet.
Open High. Low. Ssies. Close. Closs
jan ..1s.eS ICES 1919 1894 1890 16- s.
FEB. - =. .... zee. &C.. ...- To- 60 10. 81
Mar. - ..I6-s5 1876 1880 - s-T2 1875
April 80. 1876 1I-Ol
May :. LIES 1905 1855 I6- 50 16.Sa II II
June---- 80. less IL .1S
July. .Os IT.Ol 1850 50 less II IL
Aug =. ..Is.52 16.52 80 1852 1888 10 50
sept - LEGO 1900 1900 I6-OO 1902 16. 20
Oct .. ..I5-92 1892 Is g. 81 l5-S5 1901
Dec. =. ..I5.sO 1880 1913 .S3 1882 16.OS
NEW ORLEANS COTTON
(By Associated Press.l
NEW ORLEANS, Jan The week in cot
movement underway which cost the price -
TO 81 points in the first few minutes Of trading.
Reports Of break Of half dollar in the Iiy-
erpoOl freisat rate out Of gulf ports, making it
$3.50 per 100 pounds. suddenly checked the de-
cline and brought about a partial recovery. Al
were IL to &c points up from the lowest
that the address probably would relate to sub
marine warfare caused the. heaviest kind OF
selling. under which in the trading up TO noon
under the closing prices Of last week. The
first reports from Washington regarding the
presidents address 10 the senate were followed
BY q steadier time and a Of about 20 points
from the lowest Of the day.
NEW ORLEANS COTTON
IRE following were the ruling prices N the
eTchange today:
Toue barely steady: middIing. I6.e4c; steady.
Last Prev.
Open High. Low. Sales. Close Close.
jan . -Is- - 10. - 5.s7 I6.I5 10. Is Ii. IS
FEB . . 49,. zee. zee. .... 16.1S II. IS
Mar. .. .I6.5O I6. 50 Il. IS 1851 1851 1882
April . -. go. Gee. .... zee. 1857 10 IS
May. :. ..16.s2 1892 1912 1913 I6. A. Gee
June. .. =. 80. 1857 1914