The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-11-03
COTTON MARKET
TURNS TO LOWER PRICES

New York, Nov. 3.--Tho cotton
market was lower during today's early
trading tnS,da owing to easier Liverpool
OF the ballot OF British coal miners.
southern hedge selling and liquIda-
tion. The market opened easy at de-
cline OF 10 70 II points and soon sold
IS to 80 points net lower at 10000 for
December and 20.65c for January,
The closing weakness OF Liverpool
Increased nervousness over the British
labor situation. while Liverpool con-
tfnued selling her and scattering
liquidation became more active with
December nsssr =. % er ooa ito 29;S2c and
net lower around midday.
There as rally of so or 20 points
on reports that the British coal strike
had been called OF with December
selling up from 10000 to 21.25c,, or
within, rs points OF Mondays closing
also factor. but demand failed to
broaden much and the rally was not
fully maintained during the middle OF
the afternoon.
NEW oRL Fans COTTON.
New Orleans. Nov. 3.-The opening
OF the cotton market today after triple
holidays was at higher levels In response
to advances during the closed period
In other markets. but after gains OF 20
to 3S points has been made the selling
WINS met, stimulated chiefly by reports
that coal miners in Great Britain were
voting against ratification of the strike
settlement recently made. Prices re-
acted to levels points under to 81
points over the close of last week. De-
cember sold up to 20. 60c and fell off to
20. 31c.
Considerable liquidation OF long con-
not well taken, especially the selling
of the near months. In the trading up
to IL o'clock there was a gradual sag
to levels 10 to 81 points under the close
of last Saturday, December dropping
to 19.75c and May to 1920.
Late In the session a much better
tone was taken on because Of cables
the voting on coal strike settlement
had taken a favorable turn and the
active months were sent Al to 80 points
over last weeks close, except that
December Jagged behind and traded
only about up to last weeks close.
May sold as high as 1910.
NEW ORLEANS COTTON FUTURES
OPENING
New Orleans, Nov. 3.--Cotton futures
opened steady: November. 2O.10c bid;
20 60c; January, 10 .9S6f10 zoe
March, 19.0Oc bid; May, 10 .5Sc bid; July
NEW YORK COTTON FUTURES
OPENING.
New York. Nov. S.-Cotton futures
opened easy: December. 81 zoe: Janu-
airy. 20. soc; March. 2O.65c; May, 2O.4Oc;
NEW oai EANs SPOT COTTON.
New Orleans, Nov. Spot cotton
steady to rs points up; sales on the
spot $50 bales; to arrive. DAT bales; low
1860; middling, 20.75c;. good
2275c; receipts. 1926 bales;
stock, s12.s7s bales. Y Y ~
NEW ORLEANS COTTON FUTURES
CLOSING.
New Orleans cotton market closed
steady at net advances Of 4 to so
points: December. 2041c; January,
poole; March, 1880; May 19.6Oc;
N9w v''' YORK co! Otto. FUTURES
New York. Nov. 3.--The cotton mar
ket closed steady: December. 21.12c;
January, 2O75c: March, 2o.5oc; May.
20. soc; July, 1880.
LIVERPOOL COTTON.
Liverpool. Nov. 3.--Cotton spot In
moderate request; prices lower; good
1864; fully middling. 1850;
1e:sad; low middllng, 1880;
sales 5000 bales. including 1890 Amer.
lean; receipts. 1900 bales, all Amer
lean: futures closed easy: November.
1920; January. 15.01d; March, 14.71d;
Nav. 14.5ld: July. 14.S2d; October.
corToNsEEp OIL
New York, Nov. 3.--The cottonseed
mer yellow. $11.oo bid; prime crude.
Der. sl1.25; January. $11.S1 February.
$11.40; March, $1i.61; April. $11.6S;
May. .$i1.s0; June, S11.9o; total sales.
1900 barrels.