Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-12-21
COTTON

NEW YORK, Dec. 20.-The weakness OF
liverpool and the reported suspension OF
London bank had an unsettling effect in the
cotton market here at the opening today.
First prices were barely steady at a decline
Of II to % points and there was considerable
liverpool and southern selling as well as
scattering liquidation. Offerings, however,
appeared to be pretty well absorbed around
1890 for, January and II. s. for March, with
he market later firming up to 1900 for
these positions or within Is of 16 potts
# Saturdays closing. Trade interests were
among the buyers while there was continued
covering on reports or better tone in the
goods, trade. The census report showing TO-
SIS, 265 bales ginned prior to December ID,
was about in line with expectations.
THE market showed considerable firmness
alter. particularly in the case Of January.
About / 1913 bales of cotton have been added
TO the certified stock here during the past
week, most OF it grading middling or above,
but the Inspected supply of S,345 bales is re.
garded as affording January shorts little
protection and trade interests were buyers of
hat position to cover hedges. This sent
he price up to- 3 II. a point above Sat
rday's closing while later months remained
to 10 points net lower with March selling
round 15.0S.
No fresh feature developed during the
tiddle afternoon and trading quiet
nth prices ruling about to 20 points net
VWSAf VI diOuuu Luz
NEW YORK COTTON
The following were the ruling prices in
ne exchange today:
Tone, steady; m;ddling, 15.50c; quiet.
Open. High. Low. Sale. Close. Close.
JAM. 4.95 1917 1870 IA. 90 IA 90 Il. 16
Mch. ...14.90 5.0s $50 "A. 80 IA. so 1915
lay ...15.O 1915 1913 IA 81 IA 90 IL. 25
iuly-...15.O5 1925 Is. O2 1903 Il. O2 10. 80
let. ...15.aO $50 Is. 10 1910 10. 10 Is. SO
Dec. ...14.95 1900 14.S5 1877 1870 1912
NEW ORLEANS COTTON
NEW ORLEANS, Dec. 2O.-Heavier GIN
tlngs TO December Ii rnan expected, 10,S7S,-
20 bales, according 10 the census bureau,
ogether with reports of bank failures in
london and lower Liverpool market than
:lue, put the price of cotton to lower lev
els today. in the first laf rour of trading
prices fell 20 to. 80 points which carried jan
uary down to 1899 and July to 14.54.
Realizing by. shorts furnished the ring
with more of demand than it could readily
supply and prices reached Z, the trading
months standing at net losses of only to
points toward IL O'Clock. The nearness of
The holidays seemed to restrict new opera
Ions, especially on the short side.
Price changes were narrowed during the
second half of the session and what most
traders call a typical lend of the year.
trading developed. At 80 O'Clock prices
were at net declines of 20 to 25 points.
NEW ORLEANS COTTON
The following were the ruling prices in
The exchange today:
Tone, s.steady; middilng, 14.25c; steady
.@ta. sas, Last Prev.
Open. High. Low. Sale. Close. Close
Ian. :. 100 IA % 13. 9S IL. 9s Is. 81 IA 30
Mch. ...14.2O IA. 40 IA. 20 1927 a. IA SO
Nay Ill As IA. 6s IA. As 1449 14.4s IA. rs
Iulyss..4 so IA. Is ID "a 14.5S 14.55 14.S1
Icl.s to-. II 30 IA. 70
Dee. ...iS.94 II OF $50 10. 80 10 so II O3
NEW ORLEANS SPOT COTTON
NEW ORLEANS. Dec. 20.-Spot cotton
Iuiet, 80 lower; sales on the spot, 24S bales:
. arrive, 800: low middling, 9.25; mid
ling. IA 25: good middling, 1915; receipts,
II, 1923; stock, AS, 757.