Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-06-08
COTTON

NEW YORK, June 7.-M6e favorable
weather reports and forecasts We'd to consld-
cradle local and southern selling i'll the cot
ton market at the opening today. First
prices were generally IS to SO Points lower
with the tone easy, and the market soon
showed net losses Of IA to Al points July
sold off from IS. zoe to 3S.31c and October
from 3G05c to 35.GGc but Liverpool and
trade interests bought on the decline and
prices soon firmed up again on covering
July was relatively firm on the Liverpool
and trade buying and sold about 10 points
net higher late in the morning, while 9TH
or months recovered about half their ear
ly losses.
The market remained quiet during the
early afternoon and showed little change
but if anything was shade steadier on
covering by early sellers.
NEW YORK COTTON
The following were TIE ruling prices in
The exchange TODAY.
Tone steady; middling, 40c, quiet.
Open. H:gn. low Sale. Close. Clas-
Jan. 81. 90 81 81 "a. OF .0S "a. 0S "a. 4S
NTch. ...33. rs So So SO. 90 80. 50 33 SO 80. 90
May ........ ..... 800. ..... 33. 10 .....
July ...3S. 20 IS. 20 IS. 81 SO. 40 SO. 40 IS. 4j
Oct. SO. % SO. O5 80. 90 So so 35. 81 36.O7
Dec. ...34 rs "a 81 81 80 "a 60 "a 60 So. 00
NEW ORLEANS COTTON
NEW ORLEANS, June Clear and dry
weather over the belt caused selling move
ment in cotton today which, in the first hour
of trading, depressed prices 20 to ~ points.
July rose 10 points in its opening trades to
So roc and then fell off to 3S. Ace. Other
months opened lower While the weather
over the cotton region as dry, ii was gen.
orally considered that temperatures were too
cool, and this served to hold sellers within
bounds.
The market turned irregular as the re-
suit of straddling between July and Oc-
tober, the latter being sold against pur-
chases of July. Late in the morning the
trading months were points higher to
80 points lower than the close of last week,
July being the only month to show an ad-
vance.
NEW ORLEANS COTTON
The following were the ruling pri. es in the
exchange today:
Tone steady; middling. 41c, steady.
Open High. low Sale. Close Close,
Jan. .34. 10 "a. 10 33 80 33 90 33 90 "a. So
Mcl .33 As 50 50 80 81 33 80 80 81 SO, u
July 3S. 10 So. 10 3S 40 80. 80 SO. "a SO. 90
Oct. ...35 go 1910 So 40 35.54 30. 80 So. 90
Dec. ...34 80 81 10 "a 80 81. As "a 40 $40
NEW ORLEANS SPOT COTTON
NEW ORLEAN June Spot cotton
steady and unchanged. Sales on the spot,
6S7 bales; to arrive, none; low middlins,
80 90; middling, Al 90; good middling,
40 90; receipts 1,4SO; ctock, 1892
SPOT COTTON MARKET
Atlanta, steady, 43.50c.
New York, quiet, 40c.
New Orleans, steady, Ale.
Philadelphia, steady, 4O.2Jc.
Galveston, steady, 4fc.
Montgomery, steady, Al SOC.
Norfolk, steady. 40.50c
Savannah, steady, 42c.
ST. Louis, steady, 4O.5Oc
Houston, steady, 4025c.
Memphis, steady, 41c.
Augusta, steady, 40.25c.
Little Rock, steady, Ale.
Dallas, steady, 40 Coo.
Mobile, steady, Ale.
Charleston, steady, 40.50c.
Wilmington, steady, 40c.
Boston, steady, 40c.
ATLANTA SPOT COTTON
Atlanta spot cotton NEUTRALITY-SUSPICIOUS.. 43. soc
RecelptS .... $50. 49,. .....
Stocks ...... go. -. is, 1850
AMERICAN COTTON AND
GRAIN EXCHANGE
COTTON QUOTATIONS