Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-12-16
COTTON

NEW YORK, Dec. 15.-Yesterday's sharp
rallies were followed by moderate reactions
day. Liverpool not up to expectatio
and first prices here showed declines of
10 to % points under Liverpool southern
and western selling. Trade interests were
fair buyers at the decline, however. while
there was local covering, and prices soon
steadied up with January selling at 15.4S
above yesterdays final. The census report
which showed domestic mill consumption OF
only $50 ,057 bales for November appeared
to have been discounted.
Liverpool turned buyer after the open
ing while there was continued trade de-
mand with scattering support encouraged
by reports of better tone In Wall street
and firmer foreign exchange. January SOLO
ND to 1882 and March to 1910, or % to
30 points above last nights closing figures
and so to 90 points above the low Levers OF
yesterday morning. There was very little
southern selling early, but offerings from
that source increased on the bulge and the
midday market showed reactions OF few
points from the best.
Trading was comparatively quiet during
the early, afternoon and the market showed
little further feature. ruling around 1880
for January and 1874 for March or close
to las nights closing.
-. NEW YORK COTTON
The following were the ruling prices in
Tone, steady; middIing, 1880, quiet.
Open. High Low. Sale. Close. Close.
IAN. .15 10 liz. 80 Is. 10 10 .SS 5.37 1887
Mich. ...15. Is 1870. Is 40 Is. 40 1910
May ...15.37 1880 1887 1851 1851 1857
July ...15.4s 1885 15.4s 1888 1888 1890
Oct. ..15. so Is. 80 Is. so 1888 1857 1890
Dec. ...15.05 1856 sos 1888 1888 1880
NEW. ORLEANS COTTON
NEW ORLEANS, Dec. 15.-The dispo-
al of Oh n j
New York yesterday sent the price of cot
ton to higher levels today in the face OF
bearish November mill statistics. In the
first half hour of business prices advanced
4S to 50 points, January rising to l4.12:
American consumption during November OF
only 332, 057 bales was regarded as pc
ing in keeping with poor trade accounts that
have been coming from textile centers'
Better accounts from interior spot mar
ket. especially those in Texas, increased the
demand for contracts and in the tracing up
10 IL O'Clock prices were sent 81 to IS points
higher than the close of yesterday. Jan,
nary soldsas high as 14.s7. Houston claimed
better. inquiry, with sales ranging from
the lowest to the highest grades.
Early buyers commenced to realize prof
sts after. midsession and the market did
not take~stheir offerings well at all. At
reduced Is to 80 points from the highest
levels by this sort of selling.
NEW ORLEANS COTTON
The following were the ruling prices in
the exchange today:
Tone, steady; middling, 14.75c; steady:
Open. High. Low. Sale. Close. Close.
Nan. ..,14 81 IA. 81 IA As IA. 81 IA. go IA. %
Mch. Ia rs .0s "A "a 81 14.79 IA. 43
May ...15.o0 Ii. % 80 4.96 1896 IA. SO
July ...15.1s 5.3s IA. 94 1903 1902 IA II
Oct. ...15.eo 1920 1875 14.s5 1875 1900
Dec. r.I.14, 20 al 14.1s 1876 14.2O IA. 10
NEW ORLEANS SPOT COTTON
NEW ORLEANS, Dec. 15.-Spot cotton,
49s bales; to arrive 1850; low midding,
s.75c: mfddling, 14.75c; good middling,
17.O0c; receipts, II, 143; stock, 4SO,5S6.
SPOT COTTON MARKET
Atlanta, steady, 14.35c.
New York, quiet, 1880.
New Orleans, steady, 1475c.
Philadelphia, steady, 16.05c.
Norfolk steady, 14.50c.
Savannah, steady, 15.75c.
st. Louis, steady, 15c.
Houston, steady, 14.25c.
Memphis. steady. 15c.
Augusta, steady, 15c.
Little Rock, steady, 15c.
Dallas, steady, 13.70c.
Mobile, steady, 14.75c.
Charleston, steady, 15.75c.
Wilmington, steady, lac.
Boston, steady, 1880.
Galveston, steady, 15.25c.
Montgomery, steady. 1425c.
ATLANTA SPOT COTTON
Atlanta spot cotton -. .......... IA. Boo
Receipts ...... 80. III
Shipments 80. d3S
Stocks .... 80. 81, 5Su
LIVERPOOL COTTON
Tome stesSiy: sales 1000: good middling,