Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-09-25
COTTON

tW YORK, Sept. 24.-The cotton mar
|was active and very irregular at the
Ing today, first prices being 20 points
! to 80 points higher. There were
many overnight selling orders around
ring, which accounted for the decline
he near months, while later deliveries
influenced by the steadier late cables
Liverpool and reports that the British
miners strike had been postponed for
seek pending further negotiations. This,
reports of a better tone in the FAN
goods market, led to considerable
IL, with December selling up TO 24.55c
January to 23.75c, or about 10 points
higher, before the end of the first hour.
bf the private cables said the British
troubles were ALMOST as good as set
4 but houses with European connections
sellers here and there, which con-
b southern hedging.
better British labor news failed to
Re any fresh buying of consequence
Is soon as the demand from shorts slack
prices sold off sharply owing to con-
D southern hedging, local, Wall street
$Festern pressure.
Sorts that cotton mills of Utica had
need price cut of from 30 to 40
3ent evidently stimulated bearish senti-
and the decline carried some months
bav low ground with December selling
.03 and January at 1928, or about
~ points net lower. Trading then be-
less active and there were rallies of
&l points around midday on renewed
Ing.
4 midday rally of some 80 to 40 points
$romoted by larger exports but was not
maintained and prices ruled about 10
points net lower around 2 O'Clock with
hber selling at %. %. Except for COW
local brokers reported very little
ID, and the bulges seemed to meet in
Id offerings from the south.
NEW YORK COTTON
following were the ruling prices in the
hge today:
Z, steady; middling, 26.5Oc, steady.
Open High. Low. Sale. Close. Close.
% so 81. IS 22.27 %. 81 %. % % 6s
% OS 90. As 1877 21.95 21.9O %. 80
21.SO % 90 81. 40 81. AZ 81. 40 21.75
j. .. .. 900. zee. 21.00 21.20
go. 49,. $50. 800. $500. 2o.7o
j. 1926 Is. Al 24.3O 24.46 24.35 25. %
%. 40 %. 81 %. IS % SO %. 80 %. so
NEW ORLEANS COTTON
". ORLEANS, Sept. 24.-The early
e today brought wide changes in the
of cotton. After small declines on
|bening call, the market moved up to
les of Is to % points over the close
sterday, October advancing to 25.4Ic
result of reports by cable from Eng
that the coal strike practically had
Settled. As the market hardened 1t
hto extremely heavy offerings, which
a quick break, so that at the end
! first hour of business October was
"a. 66c and the list showed net losses
ITO 50 points. Some of this selling was
b the outlook for return OF better
er to the belt, but much Of 1t was
her cahled reports from LIVERPOOL
the coal strike situati appear very
am and selling increased ptil the
months were "a to 70 points under
lal prices of yesterday, October falling
SIS. Late in the morning the tone
eadier, shorts took profits and prices
red until they showed losses of only
30 points.
bw levels under selling that followed
kceipt CT English cablegramS saying
here had been a hitch in the issuance
notice of the postpOnement OF the
miners strike October fell off to
with the list showing losses of 40
points.
NEW ORLEANS COTTON
following were the ruling prices in
steady: nliddling, 2s5Oc. quiet.
Last Prev.
Open High. Low. Sale. Close. Close.
%. 35 23.7 3.12 %. 40 80 %. 65
% Is %. 35 22.75 %. 81 %. s5 % 80
PITS %. SIS % 80 q. 80 22.35 22.55
49,. 49,. $50. ..... 21.72 21.8
-.... $50. 1900 Z'-oo
20 65 %. SIS %. 95 1886 1886 26.s IS
"a. 80 "a. SO %. 80 %. 81 % .95 As
NEW ORLEANS SPOT COTTON
RLEANS, Sept. 24.-Spot cotton
revised, middling, so lower. Sales
spot 1872; to arrive $50. Low mid
1850; middling, $3.50; good mid
W28.75. Receipts 1,91S; stock 1905
SPOT COTTON MARKET
pta, steady, 31c.
York, quiet, 28.50c.
Orleans, steady, 26.5oc.
ldelphia, steady. 2s.75c.
. gomery, steady new q SOC.
pix, steady, 29c.
- nnah, steady, CSC.
LOuis, steady, 33c.
ton, steady, &c.
Fhls, steady, 30c.