Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-06-06
COTTON

NEW YORK, June 5.-The cotton market
was irregular during today's early trading.
The opening advance of 5 to 20 points was
| only a partial response to higher Liverpool
cables owing to better weather in the belt,
while trade buying and some rebuying by
| sold-out longs was supplied by realizing and
scattered southern selling. July sold at
| 1880 on the call, broke to %, or II
points net lower and then rallied to 80. 80,
| while October sold off from $50 to 20 80
| and rallied to 29. so, or back to about last
| nights closing price before the end of the
| first hour.
| Early rallies met increased offerings, with
the selling promoted by favorable weather
forecasts and reports of more unsettled con-
ditions in the goods trade. Wall street was
n particularly heavy seller, and fresh stop
orders were uncovered on the late forenoon
| break 10 29.7Oc for July and 2S.75c for Oc-
tober, or about 70 to rs points from last
nights close.
The market turned firmer during the
early afternoon on covering and reports of
heavy rains in the Carolinas July sold up
to 1925 and October to 29.18 or within
Is to 80 points of last nights closing fig
| ures.
NEW YORK COTTON
The following were the ruling prices in the
exchange today:
Tone, steady; middIing. 31.40c; quiet.
Open High. Low. Sale. Close. close.
jan =. %. 30 %. "a %. IS ~. 40 % 50 ". 80
May =. 900. $50. $50. 800. 500. %. So
July . 80. 40 80. 80 u. 10 30. 10 81. 90 80. 40
Oct -. 29.75 %. so 2S.75 29.13 20 .l2 q. 80
Dec. =. 29.1S 20. % 2S.4O II $40 y. IL
NEW ORLEANS COTTON
NEW ORLEANS, June Good cables
caused a rise Of to 10 points on the open
Ing of the cotton market today, but imme-
diately after the call offerings increased on
prospects of better weather andn prices fell
off until at the end of the first half hour of
| trading they were % to 20 points under the
close of yesterday.
Liquidation of long cotton becar-e heavy
in the trading up to noon prices were sent
II to "a points lower than the final quo
tations Of yesetday.
Early sellers went to realizing, furnish
ing til emarket with a moderate demand
which caused a small recovery. At 1
o'clock prices were at a net loss of 63
TO- 81 points.
NEW ORLEANS COTTON
The following were the ruling prices on the
exchange today:
Tone steady; middling' 81 76c' steady:
Open. High. Low. Sale. Close. Close.
Jan. =. %. SO 2s. SO q. so 27.71 27.71 2s. "a
Mar. E. 27.ss %. SO 27.19 27.27 27.45 81 "a
July E. so 80. 80 e. ss 30.1s 80. Is sc. 20
Oct. =. %. "a %. So rs. 90 g. SO %. IS % 81
Dec. =. so s.54 27.7o .o1 rs. OF % so
NEW ORLEANS SPOT COTTON
NEW ORLEANS, June Spot cotton,
quiet % points off. Sales on the spot, L.
34S; to arrive, 1922; low middling, 27.0O;
middling, 31.75; good middling, 1918; re-
ceipts, 5,157; stock, Al, $3.50.
SPOT COTTON MARKET
Atlanta, steady, 31.15c.
New York, quiet 31.4Oc.
New Orleans, steady, 31.75c
Philadelphia, steady, 31.65c
Galveston, steady, s3.25c.
Montgomery, steady, 30c.
Boston, steady, 2.20c.
Mobile, steady, soc.
Savannah, steady, 81. 25c.
st. Louis, steady, S1.75c.
Houston, steady, BIC.
Norfolk, steady. 30c.
Memphis, steady, 31.75c.
Dallas, steady. 30. 90c.
Augusta, steady, 10000.
Little Rock, steady, 30.50c.
ATLANTA SPOT COTTON
Atlanta spot cotton ................. 81. 15c
hecelpts, ............ ,.........s..... sos
STOCKS -.'..........s.. ..............2S,5S 6
LIVERPOOL COTTON
Tone, easy; sales, 5000; good middiing,
%. cod.