Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-11-25
COTTON

NEW YORK, Nov. 24.-The cotton mar.
ket was unsettled during today's early
trading with business comparatively quiet
Liverpool was considerably lower than due
but the opening here was steady at an adj
vance of points on October and 1 to -
points lower on other months Only five
December notices were reported, but De-
cember was relatively easy at the start
and the relatively firm opening as compared
with Liverpool led to scattered selling of
later months. January eased off to 1890
and March to 1920 in consequence, with
the general list ruling about Is to "a
points net lower during the early trading.
Liverpool bought here and there was some
Wall street buying but the south was a
seller.
Trading was quiet later in the morning,
with fluctuations irregular The early bulge
met some southern selling and realizing by
recent buyers for reaction, with January
selling off to 16.10c and March to 1G.01c, or
about So to 80 points net lower on the active
months. The decline checked at these
figures by renewed covering, however and
the market held fairly steady during the
middle of the day, with prices showing al
lies of about 90 to % points from the lowest.
The market was firmer during the middle
of the afternoon on rather more active COW
ering and a little trade buying. Stop or
derS were uncovered on the advance which
carried January contracts up TO 1850, or
about 20 points above the low level of the
morning and &c points net higher.
NEW YORK COTTON
The following were the ruling prices in
the exchange today:
Tone, steady; middling 1890, quiet.
Last Prev
Open. High. Low. Sale. Close. Close
Jan. ...16. 40 16. rs 16. 10 16. 40 16. As 16. "a
Mich. ..16.4O 1870 1906 16. SO 16. 81 IA
May ...16. % 1882 90 16.2s 1926 80
July ...16.1 Is 6.45 1917 16. 20 10. 10 IS. 10
Oct. ...15. 95 1918 1915 Is 80 1890 10 80
Dec. ...16. so 17.0s 1880 16. so 1880 1e. so
NEW ORLEANS COTTON
NEW ORLEANS, Nov. 24.-The poor
showing of the Liverpool market caused
selling of cotton the opening here today
and prices were depressed 8 to 81 points.
senee of tenders, this being first notice
day for December. At the end of the first
half hour of business prices were points
under to points over the close of yes
terday. January sold down to 1880 and
reacted to 15.S5c.
The weakness in the wheat market and the
easiness of the stock market caused a sym
pathetic break in cotton, and in the trading
up TO II O'Clock prices were sent so to 40
points under the last quotations of yester'
day, January dropping to 15.44c. Trader,
who were friendly to the market apparently
withheld their support because of the holiday
tomorrow,
In the second half of the session the price
was a&ected favorably by reports of a bet
ter spot demand both east and west and
by the claim from some Carolina points of
a better demand for cotton goods. Texas
messages claimed that England Germany
and Italy were all in the market for large
lots of cotton, making it appear that at
tempts under way to fill December
commitments. In the trading up TO 1870
O'Clock, the active months bulged to net
advances og 81 to 80 points, January trad
ing up to 1910.
NEW ORLEANS COTTON
The following the ruling prices in
the exchange today
Tone, steady; middling, Ice, steady.
Open High Low. Sale. Close Close.
Jan. ...15.75 1910 1914 10 so 1917 915. 81
8ch. 10. 20 100 40 1915 1915 15.7S
May 81 Is 81 Is. SO Is &c Is. 65 Is. 81
July III. II 1916 1925 Is. 80 Is 80 Is. 81
Oct. ...15. % 10. 40 $50 1920 1910 1880
Dec rs. so 49, Sc 5.85 10. So 10. 90
NEW ORLEANS SPOT COTTON
NEW ORLEANS, Nov. 24.-Spot cotton,
steady, quotations revised; middling, I'M
changed sales on the spot, 654 bales; to
arrive, LOO; low middling. 11.00c; mid
ding, 10000; good middling, 1S.00c; re-
ceipts, 10, 1o3; stock, 1921 IA.
LIVERPOOL COTTON
Tone, steady; sales, 1000; good middling,
Il Gid.