Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-07-25
COTTON

for clearing weather in the cotton belt
seemed to offset firmer Liverpool cables and
the opening was to II points lower. Active
months sold about 10 to II points under last
nights closing during the early trading,
with October touching 1921 and January
So At. Houses with Liverpool connection
were good buyers this decline, however,
while there was also a good deal of scat
tered covering and the market steadied up
before the end Of the first hour with active
months selling some 10 to IS points net
higher.
The steadicr tone Of foreign exchanges
hclrcl the miG-morning rally, Which ex-
tended TO 3512c for October and 37.T7c for
January, or II to IS points net hiEher
These prices attracted increased realizing,
however, and the market later was easier
with October breaking TO 35.1Sc and January
to % SOC around midday. A private crop
report made the condition 600 and placed
the crop indication at II, 100000 bales, or
about Ealf n million above the official end
Realizing continued during the early
afternoon, with October selling off to 81. 05c
and January to 35.20c, Or 81 to 40 points
net lower and - points below the high
level Of the morning.
NEW y03K COTTON
line Following were the ruling prices on the
s%rhangr today.
Tone. steady; middling, 35.S5c; quiet.
Ouen. ll!1rh Low. Sale. lose close
Jan. So. So So So So 10 So 50 So 80 81. &c
Mar. IS. so 35. IS So 10 35. IS 35 81 So. IS
May -. 80. 80. go. 30 IS 80. So
July 81. 80 IS. IS "a 80 1912 zee. So. 40
Oct. ...35. 40 50 ~ 81 81 So. 20 So 20 So "A
Dec. ..35 SO 80 % 35. 10 35 40 35. 2S 80 Ga
NEW ORLEANS COTTON
NEW ORLEANS, July 24.-Prices were off
12 to II points around the first call in the
cotton market today because of selling based
on a pessimistic view of the coal strike in
England The market quickly recovered on
the rainy weather in the southern portion Of
the cotton region. At the end of the first
half hour of business the trading months
were II o Is points over yesterdays final
prices
The advance continued until it amou j
to 10 to % points. Private bureau crop
accounts pointing to a fairly favorable
July 20 condition report, CEASED new sell
ing and the market broke sharply. In
trading up to noon the active months went
% to SO points under the last quotations
of yesterday.
The labor situation in England came in
for much adverse comment and selling
increased, wideEing the net decline, by
O. clock, to 81 to Al points.
NEW ORLEANS COTTON
The following were tine ruling trices IN the
exchange today:
Tone, STEADY; mlddllng, S4.oOc, steauy.
Last Prev.
open hugh. Low. sale. lose. Ilose
Jan. =. 10 So. % 34.7o 34.93 34.93 1915
Mar =. IL 80 40 "a. 80 81. So So .05 So %
May =. &C.. 1910 Boz
July =. "a. so 80 .05 81. 80 "a .95 $40 81. IA
Oct: . 1896 35 IL 81. so S4.71 "a. 10 "a. SO
Dec. =. 1897 So .25 34.6o "a. So 1854 35 OF
NEW ORLEANS SPOT COTTON
TYIlu nnf{
steady and unchanged; sales on the spot
1,2O9 bales; to arrive, 100. Lo middling,
20. %; mddling, 1880; good middling, $500
Receipts, $40; stock, 372, 4S9.
SPOT COTTON MARKET
Atlanta steady, 35.70c.
New York, quiet, 35.85c
New Orleans, steady, 3450c.
Philadelphia, steady, 36.10c.
Galveston, steady, So. 40c.
Montgomery, steady, SAC.
Boston, steady, 35.75c.
Mobile, steady, SIC.
Savannah, steady, 40c.
st. Louis, steady, SIC.
Houston, steady, "a. soc.
Norfolk steady, 80. 75c.
Memphis steady, S4.5Oc.
Dallas, steady, 81 6Oc.
Augusta, steady, 34.35c.
Little Rock, Sac.
Charleston. steady, 34c.
ATLANTA SPOT COTTON
Atlanta Spot cotton ...............'-''' "a. NC
Sales fuO