Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-11-16
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COTTON

NEW YORK. Nov. l5.-The cotton market
was nervous and irregular at the opening,
GAY Liverpool ."as lower than uuc, wiz
reports from the goods trade were unfaYOr
able, particularly with reference 10 export
conditions, but there was considerable cover
ing after the break of last week, and posi-
bly, some nGy.nE Of late months on the bad
weather in the south First prices were 4
points lower to 10 points higher, with Jan
uafy se----s Al if.,9c and March at 1I.55c,
or 8 to : points heiow saturdays closing
figures during the first few minutes Raj
lies followed on covering. and there trade
buying toward the middle of the morning
net higher.
The forenoon advance extended to 1920
Tor January and 1S.03c for March, or So to
~ PORTS above Saturdays closing There
was a good deal OF trade buying as well as
active covering, but the more urgent demand
seemed to have been pretty we'll supplied,
ana the market later WAS quiet, with prices
few points off from the best under realiz-
ing. Very little southern selling re-
rorted he-a and the absence of offerings
from that source led to talk of firmer hold
ing as a result of unfavorable weather con-
ditions for ma turing or saving late cotton.
The midday reactions of l. or 90 points
were followed by renewed frmness. prices
making new high ground for the day dur.
ing the middle of the afternoon renewed
covering and trade buying. January sold
up to 1870 with active months generally
showing net advances of 80 to Ok points.
NEW YORK. COTTON
=. The following were the ruling prices In
che exchange today:
Last Prev.
Open High. iz1w y. Close
Jan. 1870 1880 1910 1877 17.s5 17.7S
Mch. 17.o5 1925 17.54 1910 7.6S 17.6S
May :. 1850 1905 $50 IT. 80 1880 II. 80
July 1876 1856 17.25 1875 1925 1925
Dec. E. SIS 1885 1872 90 1920 1927
NEW ORLEANS COTTON
NEW ORLEANS, Nov. 15.-Wet and cod
weather over the belt, with the threat OF
much colder weather to come, caused heavy
buying of cotton i'll the early trading today
on the theory that serious damage to the
grade Of open cotton was being wrought.
In the first half hour IF business prices rose
60 to II points, December advancing to
1880 and May to 17.1Sc.
A good demand came from the long side,
especially after the posting of the forecast
part of the cotton country. Buyers found
only a small supply of contracts to work on.
Toward IL O'Clock prices were 80 to OF
points up. with December at 1Sc.
After the middle of the session important
new buying for long account was felt on
claims from some part of Texas that no
picking had been done i'll week. Rumor
had it that q large line of short contracts
was being covered. In the trading IN TO
/ 80 o'clock prices were sent TO net advances
srd being the strongest month.
NEW ORLEANS COTTON
The following were the r. rs in the
exchange today:
Tone, steady; middling. 1s.25c, steady.
Open High Low. Sale. Close. Close.
Jan. =. 7.25 II Sc 17.17 It. SO SO 7.l3
Mich. 17.05 II. Go 1901 II. 90 17.16 1851
May =. 17.O3 17.t5 16. 80 16.99 1880 1G-s.
July :. $3.50 17.25 1910 1916 1916 .53
Dec. :. 17,55 1S.25 1855 ITS IT'S 17.44
NEW ORLEANS SPOT COTTON
NEW ORLEANS, Nov. !5.-spot cotton,
quiet % points lower: sales on the spot.
1900; riddling. 1s.25c; good middling.
20.50c; receipts, 1884; stock, 354,771.
SPOT coTToN MARKET
Atlanta, steady, 1920.
New York, quiet t9.-5c.
New Orleans, steady, 1S.25c.
Philadelphia, steady, 1880.
Norfolk, steady, 1Sc
Savannah, steady, 19c,
st. Louis, steady, 1860.
Houston. steady, 17-Sjc.
Memphis, steady, 19c.
Augusta, steady, 1Sc.
Little Rock, steady, 19c.
Dallas, steady, 17.T5c.
Mobile, steady, 1880
Charleston steady. e19,25c.-. - 80 %,
Wilmington, steady, Use.
Boston, steady, 1900.
Galveston, steady. 1S69c.
Montgomery. sten'v. 1".5Oc.
ATLANTA SPOT COTTON
Atlanta spot cotton, ...-'.. ...lS.@oc
Shipments 200
AMERICAN CoTTON