Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-03-21
COTTON

NEW YORK, March 20.-The report of
the census bureau showing II, SSo,l5o run
ming bales ginned for the seasonh or l2'022,-
601 equivalent 500-pound bales, compared
with the governments estimate of II, 10O,-
600 bales published last December, proved
slightly over expectations. The market
opened steady at an advance of to 10
points on the new and of % to 81 points on
the old style months on Liverpool buying,
covering and moderate demand from spot
houses, but soon eased under realizing and
July sold off from -. % to 22.70 and Oc-
tober from 21.43 to y. 30 right after the
call, or about to points net lower.
The difference between the ginning fig
ureS and the estimate of last December APP
peared 10 he generally considered too slight
to create any important sentiment. The Of
ferings responsible for the early setback
were soon absorbed in consequence md the
market firmed up toward the middle of the
morning on reports OF an improving export
demand and bulliSh advices from the goods
but new style May sold up to "a. 80, and
October to u. 80, or ~ TO % points net
higher. Reports of an easier spot basis
checked the advance of this level and the
market was quiet around midday with prices
showing reactions of 10 or 20 points.
The early afternoon setback extended to
24.3G for new May and 21.02c for new Oc-
tober, Or about e 10 2G points net lower,
but the market steadied toward O'Clock
on covering. with new style months showing
recoveres of 10 or II points from the lowest.
NEW YORK CoTT'N
New Style).
The following were the ruling prices in
the exchange today:
Tore, very steady; middlng, IS 45c,
quiet
Last Prev.
Open. High. Low. Sale. Close. Close.
IAN. ..... ..... ..... ..... 20. 65 &c. %
May =. II. 40 40 "A. % n. A "A "a. 40
July =. ~. 80 % 90 % 81 30. 81 %. Go 10 IS
Oct e. IL 40 u so 20. 9J 21.O6 II. O5 81. 2S
Dec. e. Il. 10 1.20 90 2O.77 2O.77 u 90
NEW YORK COTTON
(Old Style.J
The following were the ruling prices in The
exchange today:
Last Prev.
Open. High. Low. Sale Close Close
Jan. .... .... go. 2O.25 20 40
Mar . %. 10 26.1O %. 20 %. 80 $50 %. 70
May =. u 10 a. 20 % 80 % 80 %. So %. 70
July g. ~. so 90. so 20 20 %. % %. So - As
Oct. =. 20. so 10 2O.75 2O.9o POTS 20. 20
Dec. -. 20. 20 20. % 20. 20 20. % 2G.27 20. 20
NEW ORLEANS COTTON
NEW ORLEANS, March 2O.-Rather
smaller final ginning figures than expected
caused a steady rise in the early trading
in cotton today, the market for new con-
tracts gaining 20 to % points. Almost no
trading was done in. old contracts i'll the
first half hour of business.
The advance persisted until it amounted
to 80 to ~ points, but toward noon heavy
selling was encouraged by the discovery
tlat cotton was being shipped here from
New York, apparently to go on March con-
tracts. Ofkicial records showed that thus
far this week 1,SIG bales have arrived here
from New York. At noon prices were to
IA points under yesterdays close the
lew contracts. Old contracts remained
stngnant.
The decline was, widened to Is to "a
h1lf rnn 1ir,rr ,cho ,t, L. C.,
steadier tone at 1 o'clock. when prices
were 3 points over Yesterdays close.
Cotton closed, old steady at a decline
OF ID TO % points and new steady and
unchanged TO 10 points down net.
NEW ORLEANS COTTON
New Style.)
The following were the ruling prices In
the, exchange, today:
lone, steady.
Open. High. Low. Sale. Close Close
Mar. =. 1925 25.25 % % % % "A 80 "A so
May =. "a II "A so IS. 81 "a .OS "a. OS a .OS
July =. %. 50 % 90 %. As q. 81 %. 81 %. 6S
Oct. =. POTS u 90 20. 45 20 81 20. 81 70. 20
Dec. =. 20. 40 20 5 20. % 20. 30 20 Is &c. Al
NEW ORLEANS COTTON
(Old Style)
The following were the ruling prices In
The exchange today:
Tone, steady.
Last Prev.
open. High. Low. Sale. Close. Close.
Mar. 90 25.15 "a. 30 $50 24.90 "a 80
May =. 24.1O 24.25 %. 20 %. so % IS % .9s
July .. 800 %. 90 %. 50 90. 60 % So % rs
Oct. e.. 20 20 2O.2S. 20. IL 20. OG 20. Of 90. 20
Dec. ..... ..... .......... III 10. 80
NEW ORLEANS SPOT COTTON
NEW ORLEANS, March 20.--Spot cotton
steady and unchanged sales on the spot,
l,92G: to arrive, ,402: low middling, 21c;
middling, 2750c; good middling, 2S.50c. Re
ceipts, 1901; stock, 433, 100.
ST. LOUIS PRODUCE MARKET
ST. LOUIS. March 20.-poultry I'M
changed, except springs 33c; geese 100.
Butter Unchanged; eggs, SIC.