Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-03-28
COTTON

| COTTON /
NEW YORK, March GA more favora
BILE view of European political conditions and
higher Liverpool cables started an active
covering movement in the cotton market at |
the opening this morning. First prices were |
firm at an advance of SO TO 90 points on the
new and of SO to % points on the old style !
positions in consequence, with new style |
May selling at ~. ID and October at 20. 49, |
on or Immediately following the call. I'm |
favorable weather conditions with low tenn |
pera lures in the west and rain in the east |
belt promoted the buying of new crop |
months and Liverpool was a good buyer here .
during the early trading. One of the private |
cables received from Liverpool reported trade !
calling and a better spot demand.
Early realizing sales were absorbed on |
slight reactions, and the market showed in |
creasng firmness during the middle of the |
day, with new style months selling IS to GS
points net higher on further covering. The
south also was credited with buying on the
advance, which extended to 24.2Jc for May |
and SOC for new October.
The market showed continued firmness
during the early afternoon on further COM |
plants of delayed farm work, Liverpool buy |
ing aud covering, which came largely from
houses with Wall street connections. New
IS points net higher, while October adj
vanced to 20.41c, OF 10 points above last
nights close.
NEW YORK CoTT N
(New Style).
The following were the"ruling prices in
the exchange today:
Tone, strong; middling. IS. SOC, quiet.
Open. High. Low. Sale Close. Close.
Jan. .. 10. 60 30. 10 10. 60 20. 10 20. % 10. IS
May E. "a .O5 24.GO %. 90 "A. go "a. 56 % 81
July =. 81. 90 o. So rs %. 80 %. so 81 80
Oct. E. 90. o. 20. so 20. % 20. so oO.7O 10. 6S
Dec. .. 10 so 20. 10 19.72 20. 40 20. A 10. SO
NEW YORK COTTON
(OId Style.l
The following were the ruling prices in the
exchange today:
Tone strong.
Open, High. Tow. Sale Close Close
Jan. E. go. go. 80. .... $50 1890
May E. % so "a. 81 20 80 "a. IS "a. % % 80
July =. 81 80 22.15 o1.75 %. 10 %. 40 40
Oct. e. 10. so 2O.37 so 20. IS 90. IS 80
Dee' - '''' - 80 -0'00 -'''0
NEW OhLEANo COTTON
NEW ORLEANS, March 27.-The cotton
market was stronger today, making advances
c. 90. to Al points on the new contracts in
the first half hour of business. Old con-
tracts were wholly inactive. Good cables,
highly unfavorable weather conditions over
the betl and a less pessimistic view of
Spots covered steadily during the morning
session. and toward noon prices were 81 TO
~ points over yesterdays finals.
The Italian move against Hungary caused
moderate reaction from the advance. At
! O'Clock prices were at net gain of 48 to
80 points
NEW ORLEANS COTTON
New Style.)
The following were the ruling prices In
Tone, very steady; middling, &c. 25c,
steady.
Open. High. Low. Sale. Close. Close.
Jan. E. go. 80. 80. 80. 10. G5 80.
May e. %. As % .9S %. 40 % 81 %. 90 %. 10
July .. PHO 81. IS n. 65 % IS %. 26 81. So
Oct. e. 1915 2O.3O 10. 63 20. so 20. 26 10. 81
Dec. . 10.42 JIG 49, 80 10. rs 10. 90 1912
NEW ORLEANS COTTON
(Old Style.)
The following the ruling prices in
lie exchange today:
Tone, very steady.
Last Prev.
open. High. Low. Sale. Close. Close.
May e. %. 81 o. 80 % AZ % 90, "a. 90 %. O5
July >. % O5 %. 40 81 81 % 40 -. so 81. so
Oct. =. 10. 80 10. 80 10 90 10. so 10. so 80
NEW ORLEANS SPOT COTTON
NEW ORLEANS, March 27.-Spot cotton,
qupiet; % points lower; sales the spot, |
215; to arrive, 683; low middling, 90. 25; |
middling, 26.25; good middling, 27.25; re- |
ceipts, 1862; stock, 423,745.
SPOT COTTON MARKET
Atlanta, steady, 27.J5c.
New York, steady, 2S.3Oc.
New Orleans, steady, 26.2jc.
Charleston, steady, &c.
Montgomery, steady, 25.75c.
Boston, steady, 1850.
Mobile, steady, 26.25c.
Little Rock, steady, %. 75c. l
Savannah, steady, PIC.
ST. Louis, steady, &c.
Houston, steady, % soc
Philadelphia, quiet, 2S55c.
Norfolk, steady, 25c.
Memphis. steady, nc
Dallas, steady "a. 70c.
Augusta, steady, 25.G2c.
Galveston, steady, 26.45c.
ATLANTA SPOT COTTON
Atlanta spot cotton .............-....2I :ooc
Receipts .-.,...-...... ............... 1,OlE
shipments observation-disclosures. OS2
STOCKS ...'..'-.,.' :.....,,.....2 I,ooI
LIVERPOOL COTTON
Tone. steady; sales, 1000; good middling.
If 16d