Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-03-04
COTTON

NEW YORK, March 3.-Cotton market
opened barely steady today at a decline
of 5 to 20 points in response to easier
cables and southern selling orders, May
contracts selling at 2094c and July at
2O.29c with active months generally show
ing ret losses of Is to q points after the
call, but trade interests were moderate
buyers, while Liverpool was q good buyer
of May, and prices soon turned hrmer on
covering. May rallied to 21.25c and July
to 90 &C before the end Of the first hour
or 1C 20 II points above Saturdays clos
ing with later fluctuations irregular.
General business was probably restrict
ed hv the fact that tomorrow will be a hol-
iday in both New York and New Orleans
and nervousness over reports that the
wheat appropriation bill as passed by the
senate carried an amendment to the cotton
futures act After selling up to 21.27c for
May and 20.64c for July or about II to II
points net higher the market reacted sew.
eraI points under realizing and continued
southern selling, but was quiet and steady
around midday when there was some Duy-
ing on the large exports.
Trading remained very quiet during the
early afternoon and there was little Iurther
change in prices with May rullng arouhq
21.13 at o'clock, or about points net
Market closed firm, to % points higher.
NEW YORK COTTON
The following were the ruling prices in
the exchange today:
Tone, uluulluS1 GOs%uS' A1ASNS
Open. High. Low. Sale Close Close
Jan, :. 19. 0s l9. 90 9.Os 10. 90 1918 10
Feb. zee. eco. go. 1905 10 90
Mar. 81. IS q. 81 q. s6 22.25 22.25 22.01
Apr. =. .... zee. A'oV %i.oo
May :. 81. 05 81. 35 1904 21.SO 21.30 21.16
lime zee. zee. .... 2O.75 20.70
July =. %. SIS 20. 50 20.29 20.60 2O.67 2O.5o
Auc w zee. .... 20. 90 1878
Sent. .... zee. .... $50 1915
Oct. III, 10. so 10. 55 1925 10. 40 1882 1913
Nov. :. zee. &C.. 1S'4V 1880
Dec. g.. 1925 10. 80 1908 s.35 1890 1929
NEW ORLEANS COTTON
NEW ORLEANS, March 3.-The unset
tied feeling over legislation was again pres
ent in cotton today and it developed enough
selling in the first half hour of trading to
put prices IA to % points under the close OF
last week. Somewhat letter weather con-
ditions in the belt were also against val
ueS.
The decline progressed until it amounted
to % to 80 points, but toward noon early
sellers went to realizing and caused re-
coverI of about a dollar bale.
dull but steady feeling developed. AZ
o'clock prices were at net decline OF
20 points.
NEW ORLEANS COTTON
The following were the ruling prices In
the exchange TO-DAY:
Tone, teady; middlng, 26c, teady. ~,
open. High. Low. Sale. Close. Close.
Mar. =. %. 65 1856 3.2s %. so %. 4s % 63
May E. 81 AS 1.66 21.29 81 go so u. so
July =. 2e.42 20. SO 20.27 20.6 21.59 &c. 80
Oct. .. 1907 1913 1891 1913 1913 19.19
Dec. is. 6s 1881 1898 1877 1880 1866
NEW ORLEANS SPOT COTTON
NEW ORLEANS. March 3,-Spot cotton
quiet, rs points down. sales on the spot
II; to arrive 556; low middling, 1880; mid
ding, $500; good middling, 27.00. Re-
ceipts 4,677; stock 452,22
SPOT COTTON MARKET
Atlanta, nominal, 25.90c.
New York, steady, 26.25c.
New Orleans, steady, 2ec.
Charleston, steady, Csc.
Montgomery, steady, 25o0c.
Boston, steady, 26c.
Mobile, steady, 24,25c.
Little Rock, steady, 26.50c.
Savannah, steady, 27c.
st. Louis, steady, 26.5oc.
Houston, steady, 25.75c.
Philadelphia, 25.75c.
Norfolk, teady, "a. 75c.
Memphis, steady, 26.50c.
Dallas, steady, 2495c.
Aug TIA, steady, 25.50c.
Galveston, steady, 28.25c.
Norfolk, steady, 24.25c.
ATLANTA SPOT COTTON
Atlanta spot cotton ................2 %. 9Oc
Sales ...............'..'.'' A'5OO
receipts ...'...'s.ss.s....' Gus
shipments .............s'... 100
stocks ....'...'.'.''..' .'.'.''. 'Zo'o'7