Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1920-01-20
COTTON

NEW YORK, Jan. 19.--The cotton mar
Kst showed renewed ste?diness early 'S oaS
the continued strength of the goods sltua-
tien. There was some southern selling ana
realizing and after opening unchanged to
10 points higher, prices worked OFT rev
POINTS after the call. Spot house brokers
we're buyers. however. while the strong
opening of the stock market was followed
Nv moderate demand from wall street
Sources. and prices soon steadied up again
with March selling at 1888 and July at
"a o.. CT I to aS points net higher. PRIVATE
t-sahles said the advance in Liverpool was
due 10 continental buying.
The market met increased offerings at
$685. for MaFrh and SS.S2 for July, ewing
10 the easier turn iu the stock market ana
the failure of demand to broaden on the
early advance. March held relatively firm
On Continued covering Of hedges against
sales of later deliveries but sold off to
$3.50 late in the morning, or D points net
lower while later months showed net losses
Of about 70 to 80 points with July selling
az 2S-S5. Trading was quiet AID prices
sensitive to comparatively small orders.
Continued covering by March shorts gave e
the market firmer tone during the middle
CT the Afternoon. March sold up to 1851.
or % points net higher while July rallied
tor $500, or within Is points of Saturday
closing. ,,.s-
NEW YORK COTTON
The following we're the ruling prices ID
@TeHe', stesdy: middling, s9.75c. quiet.
800 - Last Erav
Open. High. Low. Sale Close. GlSse.
Jan. SIS. 30 SO Sc IS. 80 3s.T 40 $3.50 1855
Mch. 81. so Sc. 20 IS. 80 1896 a6.5% 1856
May :. 81. 7a 81. So 81. Al "a .63 81. 6S s4.7e
.Iaiy -. 81. 10 IS % 81 81 81 80 $3.50 SO. ID
oct. 81, 80 sas54 30 So.s5 $685. 3e.42.
per. =, u. e5 e, s5 so.4s $3.50 $500. Isl
NEW ORLEANS COTTON
eNEW ORLEANS, Jan. t9.-Nerveus and
irsee<alar. fluctuations with narrow limits
opened the trading in cotton today. After
rag Whole list fell until it stood to IL
points nnder the close Of last week. The
demand strengthened at the decline and
fairly strong reaction ensued wnlsh car,
lreirtts over Saturdays finals at the end
Of the fist half hour OF business
TAe absence OF any demand of consequence
foF spots and the greatly improved weather
,ouditions over the belt caused moderate
selling which checked the upward move
nent and sent prices down for net declines,
which toward noon amounted to Il to 70
points. The forecast called for continued
dry weather and seasOnnble temperatures
which attracted attention to accounts from
the fatsrior of blowing being done here and
the-e.
a2ma6nt in the spot department. regarding
Large Jurisdictions after hours Saturday. es~
timated by some brokers at as high as =
G001UafeA. gave the contract market steatiy
Il Il
were at declines of but To- to 10 points.
Buyers. however. did not put much aggfes-
SfYeneSs into their operations.
NEW ORLEANS COTTON
The following we're tue ruling prices in
tiSat exchange today:
Tone, steady: mfddlins. 40. 25e, steady
Open. High. Low. sale. Close Close.
Jah - 80. 40 SO. Ga ss.4s 9s.67 SCI 80. IS
Mar; So 81 .ss s7.27 s7.52 s7.52 81 so
May :. s55S 50 90 $500 81. AS IS .45 $3.50
July 81. SO 80. ST SO. 40 SO so SO. go 3s.7t
Oct, 5000 e.6J so 81 S0-54 80. 81 2s-ss
SC ,.s SPOT COTTON MARKET
g Atlanta. steady. 4o-sec.
New York. quiet, 3s.55e.
New Orleans, steady, 4o.a5e
philadelphia, steady, 40c.
Galveston. steady, 42.a0c
Montgomery, steady, 80
Boston, steady, 3e.2sf.
Norfolk, steady, 3S.T5e.
ssvatAaII, steady, 40,
ST Louis, steady. 4e.5ec,
Houston. steady, 42c.
Memphis, steady, 0,5oe.
.Augustss steady, Ss.5e
LITTLE Rock, steady. 40c.
Dalals,i steady, 42e.
,I1c.-c1 ATLANTA SPOT COTTON
Atlanta spot cotton >. =. 1880
KeceiPts - -. 49, 6iz
StockS .-''So,VEo
AMERIeAL COTTON AND
%EF GRAIN EXCHANGE
g - COTTON QUOTATIONS.