Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1917-12-18
Cotton

NEW YORK. Dec. 1.-THE cotton market
opened steady today at an advance of 10 to 20
RENTS a renewal Of the covering and trade
buying which had been in progress at the close
on Saturday. There was a good deal of Wall
street and local selling, however, and the mar
Ect soon turned easier with January easing off
from 2S93 to 2S.G7 and March from $3.50 to
2S.2S. about q TO 10 points net lower. Trade
interests continued buyingg on the decline and
piiccS stcadied up a few points toward the
end of the first hour. Traders seemed TO find
no fresh factor Of Importance in the news
After selling off TO $3.50 for January and 2S.l3
for March, with the general list showing net
declines Of about II TO IS points, the market
steadicd rumors that private ginning returns
showed Il very sharp falling off for the period:
Trade interests were good buyers, particularly OF
May. and there were rallies of 10 or 20 points
late in the morning.
NEW YORK COTTON
,He following were tie ruling prices on the
Tone, firm; middIing SO.aoc quiet. c.o,
,)peI High Low sale. Close. Close.
Ian 2s So %. II % 90 20 II 20 II 2s.
Mar E. e. -. so "a 2s.1 3 IS. 2s.75 D.
Apr . ... .... .... IS. 90 ISIS
May .. . rs. p 2s. 80 - .92 IS 80 s.55 2s.15
June o.. o.. 49,. .... .... 2S.S3 - 80
July D.. . IS .O3 IS. 80 %. 65 2s.3O rs 27.9S
Aug. O.. =. .... 49,. 80. .... .9S 2I.6
Oct =. .. rs. IS &c. IS 26. so 26.9S 27.02 1855
Dec. =. 20 80 80. % 20. 40 1908 80. 10 20. 60
NEW ORLEANS COTTON
NEW ORLEANS, Dec. IA fairly good de-
mand sprang up the opening of the cotton
market here today and caused rise of to 10
points. This improvement brought out selling
Of the same sort that fea tured the sessions last
week and prices promptly fell Of standing TO
IL points under Saturdays close at the end of
the first half hour
Bulsh predictions concerning the ginning out
put for this last period gave the market a bet
ter tone after the decline had been carried to
level 10 to 10 points under last weeks close.
At noon prices were at a net advance of Ia to
10 points.
The market quiet but very steady in
the afternoon. At l o'clock prices were at
net advance of IS to 81 points.
NEW ORLEANS COTTON
The following were the ruling prices m the
Tone steady; middling, 2sssc steady.
Open. High. Low. Sale. Close. Close
Jan. $50 =H..'
March =. ~ 40 ~ 81 ~ 81 - 81 % 81 % 40
April &C.,. 49,. .... see. II 81 q ~
May -. =. ~. IS %. 50 -. OS ~ .6S 27.Gi - y
July e.. . - 20 y. So 26. 90 u 80 27.55 81. II
oct. . . 26 90 20. 90 - 90 % 30 70 81 CO., 30
Dec. IS .OI rs. 43 IS 90 rs. As 2S. 50 %. IL
NEW ORLEANS SPOT COTTON
NEW ORLEANS, Dec. 17.--Spot cotton quiet
Il points off. Sales the spot, 4G6; to ar
rive. 200; low middling, 2S 90; middllng, IS 81
good middling, 9.3s; receipts. 1920; stocks,
SS3, TO.
SPOT COTTON MARKET
Atlanta, steady, 20. 6Jc.
New Orleans, steady, 2s. SSc.
New York, quiet, 80 .30c.
Augusta, steady, 29c.
Memphis, steady, 20. SOC.
Charleston, steady, 29c.
Wilmington, steady, NC.
Montgomery. steady, 20 3Sc.
Boston, steady, so Boo
Philadelphia, steady, 80 DOE.
NOrfolw, steady, 2S.T5c.
Houston, steady, IS soc.
Galveston, steady, IS .65c.
Mobile, steady, 29c.
Little Rock, 20. soc.
Dallas, steady, % SOC.
Savannah, steady, 20. 1Sc.
ATLANTA SPOT COTTON
Atlanta spot cotton ...................29 65c
Receipts ...... ......... 2,I3S
shipments ....''''s.' ''''' li-'o
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