Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-08-12
COTTON

NEW YORK, Aug. 11.-Ihe cotton mar
ket made a steady showing during today's
early trading with active months selling
about to IA points higher, at 1920 for
October and 1890 for January on a re-
newal of Saturdays buying movement, en-
couraged by firm cables, and more opti-
mistic view of general conditions promoted
by the strong opening of the stock mar
ket. Except for tropical storm uncertain
ties, the weather map was considered gener-
ally favorable however, while there was
som selling for Liverpool account and scat
and caused some irreguarity after the open
ing advance.
Reports of southern hedge selling encour-
aged a renewal Of local pressure later and
stop orders were uncovered on the Decline
which continued until October sold at 81 43
and January at Ri 90. Prices then steadied
on scattered covering and the market around
midday showed rallies of 80 to 40 points
from the lowest.
Selling by Riordan catching stop orders
caused tho decline.
Ralph Hubbard selling cotton; Mitchell
bought this morning.
Unless the storm develops to scare shorts
| see nothing at the moment to warrant any
bullish enthusiasm. sale on the bulges
should bring most profitable results.-Et-
tleson.
Prices weakened again during the early
afternoon owing to unsettled conditions in
the stock market, reports that the ropical
sorm was not likely to reach the belt and
indications of southern selling October broke
to 81 20, and January to 81 81, or 70 to 90
points net lower.
NEW YORK COTTON
The following were the ruling prices in
the exchange, today:
Tone, steady; middling 81 .90c, quiet.
Last Prev
Open. High. Low. Sale. Close. Close
Jan. 80 90 2.35 31.37 1.55 81 .55 80. 16
Mar. E. 80. % % 81. 3s 81 "a 81. SO 80. 10
May =. 80. O5 80. 81 81 40 81 "A 81 So 80. 10
01.SS
Oct. 32.08 80. 90 81 20 g. .42 81 80 81. IL
Dec. :. 49, IS 80. So 81. 43 81 Go 81. CO 80. %
NEW ORLEANS COTTON
NEW ORLEANS, Aug. 11.-Too much rain
in the belt and uncertainty over the move
ments of the tropical storm put the price
the opening today but LIQUIDATION almost
tie short selling, both being due to the
Mexican situation. At the end of the first
points under TIL close of last week.
Following advices that the hurricane in
tropical waters of slight intensity and
probably would not pass into the Gulf of
Mexico, the market made new low levels,
standing at l O'Clock at net declines of 62
to 76 points.
Selling became heavy and under it prices
fell off to a net decline of 81 to &C points
in the trading up to noon.
NEW ORLEANS COTTON
-, The following were the ruling prices in
the exchange today:
Middling, 1925, steady.
Open. High. Low. Sale Close Close
Jan. Isl. 50 81. 80 80. 90 81 IT 81 OF 81 50
Mch. 81. S8 .S8 31.12 81 .26 Bile 81
Oct. ...32. OF 80. OF 81 90 81 .13 81. 10 81. 10
Dec. ...32. 90 50. 03 81 90 81 II 81. 10 81. 20
NEW ORLEANS SPOT COTTON
NEW ORLEANS. Aup. II -SDot cotton
steady, so points lower; sales on the spot,
d,962 bales; to arrive, %; low middling,
$500; middling, 81. %; good middling, 80. So;
recelnpts, 1,197; stock, 324, 032.
SPOT COTTON MARKET
Atlanta, steady, 3245c.
New Orleans, steady, 31.25c.
New York. quiet, $1,000.
Philadelphia, steady, 32.15c
Galveston, steady, 32c.
Montgomery, steady, sic.
Boston steady, 32c.
Mobile, steady, 3150c.
Savannah, steady, Bic bid
st. Louis, steady, 1880.
Houston, steady, SIC.
Norfolk, steady, 3050c.
Memphis, steady, "a SOC.
Dallas, steady, Bic.
Augusta. steady 81 Soc
Little Rock, steady, soc
Charleston, steady, 3250c asked.
ATLANTA SPOT COTTON
Atlanta spot cotton .................3 80 45c
EoaIeS .'.....ss.......s 0UI
Snecelpts '.'.................. "A
Shipments Observation-Disclosures. 81
oloChS -, 2OC
LIVERPOOL COTTON
Tone, quiet; sales, 1000; good middling
10 9Sd.
The following prices were quoted in the
exchange today:
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