Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-11-18
1n!W@&MarktRport5
COTTON

Their decline in the cotton market early to-
day with January and all later months max
ing new low records for the season, owing to
weakness in Liverpool and reports of con-
tinued trade depression. Recent buyers for
Il reaction were sellers ON the decline and
stop loss orders were uncovered by the
break which carried January down to II. 90
and March to 17.12. The market opened
barely steady at decline of S to 81 points
with active months showing net losses of Is
% points during the first rev minutes
Trade interests were among the sellers, but
there was good deal OF covering on the
break and prices later rallied few points
from the lowest. Liverpool reported hedge
selling and selling for Manchester account
, Early losses were recovered later on the
buiish weekly report of the weather bureau
covering and buying for rally. There was
also some trade demand on the advance to
17.60 for January, or points above last
nights closing, but the market weakened
again owing to the unsettled ruling of the
stock market, reports of a French mill
failure, and renewed liQuda ton. Most of
the active months made new low record fr
the season during the noon hour with jan
uary selling at 1921 or % points net lower.
The market showed increased weakness
during the early afternoon owing to renewed
liquidation and spot house selling presumably.
against offers of cotton at an easier oasis
III TIE Suutu. All lluullIS lihuc iiS" Nv
records for the season. with January selling
at 17.10c and March at 1850, or 40 to AZ
points net lower.
NEW YORK COTTON
The following were the ruling prices in
the exchange today:
Tone, barely steady; middling, 1S.I5c,
quiet.
Open n sh. law. 81 $50 tlosR'
Jan. :. 17.40 17.62 1898 HIP 40 II 90
Mch. 20 II. Ss 16. so 1894 1890 !7.35
May :. 100 1928 Is. 6S So 49, so II 10
July :. 1890 II. 10 16. 90 .73 49, So 16. 90
Oct. .....\-.. 16. o0
Dec. :. 1900 1925 1853 17.z2 17.71 1915
NEW ORLEANS COTTON
NEW ORLEANS, Nov. 11.-Poor cables
offset the effect of unfavorable weather con-
ditions in the belt and caused decline of
10 to "a points in the price of cotton during
the first half hour of business today. De-
cember traded down to 17.20 and May to
$50. The market was steadied at the de-
cline by the freezing weather reported oyer
the greater part of the cotton country.
The rise in foreign exchange strengthened
the market considerably and encouraged
enough buying to cause net declines to he re-
placed by net advances, and in the trading
up to II o'clock the active months were sent
l 0to IA points higher than the final prices
of yesterday. December advancing to l1.3sc.
The rumor that private crop reporting
bureau was coming out with very bearish
figures on ginning to November IA caused
the heaviest selling of the day and put
prices to new levels for the season. In the
trading up to 1880 O'Clock the active months
were sent ~ to 30 points under the close of
Yesterday with December down to 11.O2c
and May down to 16.13c.
NEW ORLEANS COTTON
The following were the rn res in the
exchange today:
Tone, steady; middling, 17.50c, steady.
LAST EicF'
Open High. Low. Sale. Close. Close
Jan. =. 1890 17.12 1910 1851 1880 IL. 90
Mch. 10 70 SO 1924 6.36 90 49,
May =. AT 16. 65 IS. 05 1900 1900 10. 50
July =. 1926 A 1875 80 1876 16. So
Dec. =. 1870 1853 IS. 95 II. 06 100 II. Al
NEW ORLEANS SPOT COTTON
NEW ORLEANS, Nov. 11.-Spot cotton,
steady; quotations revised; middling, 80
points lower. Sales on the spot, S3l bales;
to arrive. 6S2. Low middling, II. SOC; mid
ding. il soc: good middling, 1850. Re-
ceipts. 4,1f9: stock, $50, 1G3.
SPOT COTTON MARKET
Atlanta, steady, 17.50c.
New York, quiet, 1S.75c.
New Orleans, steady, 17.50c.
Philadelphia, steady, 19c.
Norfolk, steady, II SOC.
Savannah, steady, 1S.75c.
ST. Louis, steady, $500.
Houston steady, II .35c.
Memphis, steady, 1Sc.
Augusta, steady, 1900.
Little Rock, steady, Is. soc.
Dallas, steady, 1920.
Mobile, steady, 1Sc.
Charleston, stendy, 1920.
Wilmington, steady, 1T.JDc.
Boston. steady, 1920.
Galveston, steady, II soc.
Montgomery, steady, 1Sc.
ATLANTA SPOT COTTON
atlanta SPOT cotton II. J0c
Receipts ............ 20
Shipments $780,; ............ N9
Stocks . -. ...... ....... 90, S16
LIVERPOOL COTTON
Tone, steady; sales. 1000; good middling,
-. 95d.