Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1918-08-16
Cotton

NEW YORK Aug 15.-Bullish private eondi-
tion figures and continued dry weather IN ule
points in the cotton market today. There was
considerable realizing at the initial figures anu
moderate reactions after the call, but the mar
ket firmed up again after the publication OF
the western belt forecast, with October selling
at SO.75c and January at SOC, or is to 26 points
net higher private crop report mace tne
condition 67.2, against 7s.s toward the end Of
Tbere was some southern selling as we'll as
| realizing on the early advance and the market
reacted 10 80. zoe for october and 2oIO for Jam
uary late in the forenoon, or about . to ~
early high level The market was steadied at
this level by the failure of the detailed weather
fg Ptss light showers. but 6uiges were barely
maintained and trading was comparatively quiet
around midday.
afternoon and prices sagged off under com
paratively small offerings with oesOber selling
at &c. 90 and January at % 80. around o'clock
or about 81 TO - points net lower.
NEW YORK COTTON
The following were the ruling prices In the
Tone steady; middlins, ss.a5c; quiet. No.
Open. High. Low. Sale. Close. Close
January. 20 90 60 O5 %. IS 1888 % SO %. 81
February. ..... $500 $50 ''''' 90 80
March. .... 80 90 80 90 o55 - 30 - 80 20. "a
April. ..... 800. 900. $40. 800. 29.SO Ell
May. - 81 2e.97 % &c 20 .s3 %. 70 29.77
August. ..... ..... 800. ..... 600 SV'%S
September 900. ..... ..... ISL SV'o'
October 30 so &c. 10 90. 26 30. Al 3O.47 30. AZ
November. ..... ..''. SO'Vo $3.50
December. % 30 so.l4 % CO %. SO 29.o5 %. IS
NEW ORLEANS COTTON
NEW ORLEANS, Aug. 15.-Reports Of some
what more liberal spot offerings from the IN,
terror caused a drop of to 10 points around
the opening of the cotton market TO-DAY. Inc
demand increased on the decline. coming appar-
h. n fnd
the failure Of the weat Ter map 10 show rains
in Texas. At the end 1s he first 1af nour OF
trading prices were Il to Is points over yes
terday's close.
Hedge selling against the new crop increased
offerings and encouraged short sales. In the
trading up TO prices went IL to "a points
below yesterdays finals.
Reports tina the war risk"rate had been in
creased to per cent increased the selling and
at 1 o'clock prices stood at a net decline OF Il
to "a points.
NEW ORLEANS COTTON
The following were the ruling prices in the
Tone. steady; middling. 2s.5Oc; steady.
Open. High. Low. Sale. Close. Close.
January. % IL 90 % IS. IS % % % .16 %. 90
March. go. 29.15 % % 2s.e5 2s.se 20 % 29.15
May....... .-... ...-- ..'.. $500 ZS.zo @S'I4
August. ..... ..... '''.' 1900 So'oo oO'Oo
September. ..... ..... ..... SO.2O zo'o2
October % 80 q. Al % 90 20 80 20. 80 %. "a
NEW ORLEANS SPOT COTTON
NEW ORLEANS. Aug. 15.-Spot cottons
teady. quotations revised; ,middling unchanged;
sales on the spot, 37S bales; to arrive none;
low middling 25. 70; middling 20 so; good mid
ding, 81 so; receipts, 400; stock 249,9s6.
SPOT COTTON MARKET
Atlanta, steady, 81. soc.
New York. quiet, 3S S5c.
New Orleans, steady, % soc.
Augusta, steady, 10000.
Memphis. steady 30c.
Charleston, steady, zoe.
Montgomery, steady SOC.
Boston. steady, 80 .40c.
Philadelphia, steady, 33. 6oc.
Norfolk, steady, 30.50c.
Galveston, steady, ale.
Mobile, steady, %. 25c.
Little Rock steady, so. SOC.
Dallas, steady, 80. COO.
Savannah, steady, 80. SOC.
st. Louis, steady, Bic.
Houston. steady, 31.25c.
ATLANTA SPOT COTTON
Atlanta spot cotton ....................5l. soc
Raceipts ..,.................... so
shipments ....-.......'....'.. dSO
ATLANTA coTToNsEED PRODUCTS MARKET
JULY Bid. Asked.
Crude oil, urine basis ..... .17h .....
Cottonseed meal, per cent am
monia ........................4 1.5O .....
CottOnseed meal, Z per cent
Georgia common point rate ....47 so .....,
Cottonseed hulis, loose ......... 20 80 p so
COttonseed hulls, sacked ........25.OO 26.OO
Crude oil, prime basis ....... IN .....