Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-05-20
COTTON

NEW YORK, May 10. EEStiI higher prices
were reached in the cotton market here dur
ing today's early trading, owing to a con-
tinuation Of last weeks buying movement,
strong Liverpool cables and showery or I'M
settled weather. in the belt. The opening
up to 3O.10 July to $3.50 and October to
27.27 shortly after the CALL 35 to so
points above Saturdays closing. There was
further trade buying as we'll as continued
commission house support and early realiz-
ing was absorbedk on reactions of 10 or 10
points.
The early buying movement became more
active and excited as prices worker higher,
but the advance was checked around 30. 40
for May, 90. 90 for July, and .46 for Oc
tober, or about 60 to Is points above Sat
urday's figures. The market then turned
easier under heavy realizing and there were
reactions of 35 or 40 points around midday.
Private reports from New Bedford say the
mills there have shut down owing to a strike
Of engineers.
After selling off to $3.50 for July and
1904 for October the market rallied again
on trade buying but met good deal Of
realizing on advances with July ruling
around 28.70 and October 2710 during the
middle Of the afternoon.
NEW YORK COTTON
The following were the ruling prices IN the
exchange today:
Tone, steady; middling, 10000, quiet.
Open. High. Low. Sale. Close. Close,
Jan. E. &c. AZ &c. 70 26. 35 &c. 40 &c. 40 20. %
Mch. E. 20. 16 26.57 26.16 80 1921 25.9S
May . 30. 90 80. 40 sc. 90 3O.1s 2O.15 20. 95
July =. %. go %. 90 2S. so %. 81 %. 70 %. SO
Get :. 2zso5 81. 46 26. "a 27.14 27.14 &c. S.
Dec E. &c. 60 &c. 90 1856 1912 &c. 70 26.3
NEW ORLEANS COTTON
NEW ORLEANS, May 19.-Wet weather
over a large part of the belt gave cotton
firm tone on the opening today and all
months in the contract market were sent to
new bigh levels, May touching 30.10. In the
first half hour of business prices advanced
SO to AZ points.
increased the demand until the advance was
widened to 50 to 81 points. Realizing be-
came a factor here and a reaction enSued
which carried the market off until 1t was
only 13 to 10 points above Saturdays close.
At noon prices were 50 to 81 points up net.
Realizing by longs continued. At O'Clock
uprices were % to 81 points above the close
of Saturday.
NEW ORLEANS COTTON
The following were the ruling prices in the
exchange today:
Tone steady; middling % 25c, steady.
Last Prev
Open. High. Low. Sale. Close. Close.
Jan. :. %. SO &c. O3 25. So %. 80 %. 80 %. so
Mch. E. 25.72 25 .S3 25. 63 25 So Is. SO 25 80
May =. 5000 80. 40 20. 90 90. a5 29.9s 90. rs
July :. %. 80 %. 81 %. 40 %. 70 2S.74 % SO
Oct. e. &C. 40 26.7O 1928 &c "A 26.4 20. 10
Dec. =. % 90 1852 1892 &c. Os 26.Os Is. 73
NEW ORLEANS SPOT COTTON
NEW ORLEANS, May 19.-Spot cotton,
steady. 81 points up; sales on the spot,
2,215 bales; to arrive, lob; low middiing,
24.50; middling. 1925; good midding,
| %; receipts, 1911; stock, 426, pa.
SPOT COTTON MARKET
Atlanta, steady, 30.75c.
| New York, quiet 10000.
| New Orleans, steady, 90. 25c.
| Galveston, steady, 30.75c.
Montgomery, steady, %. Csc.
| Boston, steady, 30.25c.
Mobile, steady, 27.S5c.
| Savannah, steady, 2S.65c.
| st. Louis, steady, 29.15c.
| Houston, steady, 30.25c.
| Philadelphia, quiet, 1.15c.
Norfolk, steady, 2S.25c
| Memphis, steady, 2s.70c.
Dallas, steady, 30. 15c.
| Augusta, steady, 2S.50c.
| Little Rock( 2S.15c.
ATLANTA SPOT COTTON
| Atlanta spot cotton ...............30 80. I5c
Sales ......'''.'.. .'..'.............. I'OUO
| Recelpts ...'.'..''. .s...........'... 54o
Snlpnents ''''''''''''''''''' Do
| Stocks ................ .2o 3Ju
LIVERPOOL COTTON
Tone, firm; sales, 10000; good middling,
| 1913