Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-12-02
COTTON

NEW YORK, Dec. 1.-Firmer Liverpool
cables and rather better reports from the
goods trade were the factors in the cotton
market curing today's early trading. After
opening firm at an advance of % to Al
Cofnts, there were slight reactions under
Southern selling, but offerings were soon
absorbed and the market sold about 40 to 60
points above last nights closing before the
end OF he first hour: This carried January
Privates~cehleS reported shorts covering
there, owing to better spot demand from
the continent
airy and 1906 for March before the end
of the morning, or 80 to 81 points above
last nights closing quotations. After the
c.ose of Liverpool demand was less active
and prices here eased off few points
from the best under realizing, but there
was very little southern selling and the
market showed a steady tone with active
months ruling some 80 to As points net
inclined to connect reports of better
continental demand in Liverpool with adj
vices received here of improving central
European conditions as pointing to better
export demand during the second half OF
the season.
Offerings become heavier during the early
afternoon owing TO less favorable reports
from the stock market and rumors of I'M
settled spo: conditions in the south. al
though very little southern selling was rec
ported, January deli' cries broke to pa
and within u points of last nights closing.
NEW YoRK COTTON
:, The following, were the ruling prices in
the exchange today:
Tone. steady; middlng, 1860, quiet.
open High. Low. sale SAIL. Close. Close lose.
Jan. ...15 10 l6. II Is. AZ IS. 90 16. 0S 10. 30
Mch. ..15. 90 16. 20 Is AT 1918 16, 10 15.45
May ...16 90 16. so IL. go 20 16. Is 10. IS
IrJlv 80
Oct. ...15. 95 Is. % 1877 16.2s 49,. 1915
Dec. ...157.0 1915 Is. 80 1915 16. 10 10 AS
NEW ORLEANS COTTON
NEW ORLEANS, Dec. 1.-Better cables
than due and a better feeling regarding the
spot situation put the price of cotton higher
today. the active months gaining 40 TO 40
points in the first half hour of business.
January rose to 15.29c and July to l5.50c,
the latter month being the strongest IN the
list as the result Of speculative buying.
The advance remained in force until 1t
amounted to 81 to 20 points. Late in the
morning realizing sales came from recent
buyers and the market reacted from the
advance to the extent of 80 to 81 points from
influence, shipments from American ports
reported in the early session amounting
to $4,000 balN. against total shipments
this week last year of 17,7s6 bales
The weakness in the stock, market ana
talk of large ginning caused reaction
which reduced the gains of 8 to p points
Late in the day the makret was steamer
again on reports of increased sales OF Spots ot
IN about 80 points of the highest OF the
day.
NEW ORLEANS COTTON
The following were the ruling prices in
the exchange today:
Tone, steady: middling, 1850, steady.
Open. High. Low. Sale. Close; Close.
Jan. ...15. 90 Is 81 IA. so 1880 10. so IA. SO
Mch LIB 1856 1877 $50 IL. "a IA. 81
May ...15. 35 10 81 IA 90 49, so 1851 IA. 94
July ...15.4O Is so 100 AS Is As IA. 80
Oct. ID 20 Is. % IA so Is. % Is 25 4.50
Dec. .15.23 Is. II IS. 1872 Is. IA IA. 80
NEW ORLEANS SPOT CLIFTON
NEW ORLEANS, Dec. 1.-Spot cotton,
steady; % higher; sales on the spot, vi
bales to arrive, 1850; low middling, 10.5o*
middiing, 10. so; good middling, II so: re-
ceipts, 7,160; stock. AS, 100.
SPOT COTTON MARKET
Atlanta, steady, 15c.
New York, quiet, 1850.
New Orleans, steady, 1a.50c.
Philadelphia, steady, 16.90c.
Norfolk, steady, 14.40c.
Savannah. steady, 1576c.,
J. st. Louis, steady, 15.50c.
Houston, steady, 14.S5c.
Memphis, steady. 15c
Augusta, steady, 14.SSc.
Little Rock, steady, 15.50c.
Dallas, steady, 1900.
; Mobile, steady, 14.50c.
Charleston, steady, 16.7Jc.
Wilmington, steady, 14.T5c.
Boston, steady, 15.T5c.
Galveston, steady, 15.S5c.
Montgomery. steady, Toe.
ATLANTA SPOT COTTON
Atlanta spot cotton -. -. $50. 1oc
Receipts -. -. 80. -. -. 1885
shipments l,.oI
Stocks ~ ~ w 49, .2T, TO
LIVERPOOL COTTON
Tone irregular: sales 1900 bales; good
middling, 12.75d.