Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-06-10
COTTON

NEW YORK, June 9.-There was re-
newal of liquidation and selling at the open
ing of the cotton market today owing to the
continued good Lweathe in the south and
lower Liverpool cables. First prices were
IS to % points lower with July selling at
3s. 20 and October at 35. 40, but there was
trade buying at the decline and also some
covering on the firm opening of the stock
market. Prices stiffened up several points
in consequence, October advancing to 1881.
The market weakened late in the morning
under increased Wall street selling, which
seemed to be based partly upon depression
in the wool trade. Prices made new low
ground for the movement, selling OH 81 10
AZ noints net lower, but rallied Few points
of+er fine publication CT the weekly weather
report. , .o-o-i,r,
The larger exports promoted covering
during the early afternoon, but after armies
Of 20 or 80 points the market became qulet
with prices rupling from 10 to p points net
lower after o'clock.
NEW YORK COTTON
The following were the ruling prices In
The exchange today: ~
Tone, steady; middling, 40c, quiet.
Open. high. Low. Sale. Close. Clfse
Ian 50. so 38. "a SO. SO SO. IS 1884 1898
Mich, ID o. 90. IL DO III oo' x H~ oO'ON
July >. IS. 20 49, so IS. 90 $3.50 3s.49 1854
Oct. 81. 40 81. 80 81. 25 1851 1851 1886
Dec. s4.s5 $3.50 34.17 50. 49 BAT 34.57
NEW ORLEANS COTTON
NEW ORLEANS, June Poor canies
and continued favorable weather over the
belt caused moderate selling of cotton To-Day
and in the first hour of trading prices fell
IL to 20 points, July dropping off to $3.50
and October to 81. 80. The market was held
os,,4c nf n
the southwest and by expectations OF I'M
favorable items in the weekly crop reports
from the government. $780,, .,
The decline continued until OCTOBER stoo oo
ar 351Oc and the trading months were ~
10 az uoints under the close OF yesterday.
After the reading of the weekly crop reports.
the market hesitated for while, but 1inaly
commenced to rise on the unIaVoraOle it ems
in the returns from several states, ana !ate
in the morning stood only to IA points
under the final prices of yesterday.
Price changes became narrower and trad
ing was mainly by professionals: IoWaru
the close prices were to II points unuer
yesterdays last quotations.
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.
Ian. 81. 7e 80. 80 SO. so 81. IS 3.7s SO "a
Mcn. 81. IA OK OOs w 90 & oo'-- oo'OA
July IS. As SO. 4s IS. % SO. 43 SO. 43 1882
Oct. s.. 40 35. As So 10 35. Al 35. 40 35 As
Dec. :. "a SO 40 34.O7 34.37 4.35 "a. A
SPOT COTTON MARKET
Atlanta, steady, Assoc.
New York, quiet, 40c.
New Orleans, steady, 41c.
Philadelphia, steady, 40.25c.
Galveston, steady, Ale.
Montgomery, steady, Al soc.
Norfolk, steady, 40.50c.
Savannah, steady, 42c.
st. Louis, steady, 41c.
Houston, steady, 4Oc.
Memphis, steady, Ale.
Augusta, steady, 43c.
Little Rock, steady, 40.50c.
Dallas, steady, 4065c
Mobile, steady, 40c.
Charleston, steady, 40.50c.
Wilmington, steady, 40c.
Boston, steady, 40c.
ATLANTA SPOT COTTON
Atlanta spot cotton ...4o.ooc
Receipts OFT
shipments 49,. go. .''. ''''' 5 9ua
LIVERPOOL COTTON