Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-06-07
COTTON

NEW YORK, June 6.-The cotton market
onened at an advance of 5 to IS points
owing to late rally in Liverpool, accom-
panied by reports of better prospects for
q settlement of the coal strike and renewed
conferences on thu Lancashire wage scale.
October deliveries sold up to 1850 on COW
ering and some Wall street buying, but the
advance met southern selling and renewal
of Wall street and western liquidation after
the call. July soon sold off to l2.oSc ana
October to IL. lac, or about II to II points
net lower, with the market unsettled in the
second hour. Houses with foreign conEec-
tons had few selling orders, put the
bulk of the pressue was attributed 10 the
liquidation of tired Wall street ana west
erns longs who may have been partially IN
fluerced by the decline in foreign exchange
and reports of unsettled feeling IN the
stock Tarket.
ern belt probably increased the disposition
to liquidate long contracts and the aecllne
extended TO 1905 for October before tge enu
of % points and the lowest level touched
since October sold at 1899 on the bulhSh
private crop reports OF late last month aail
Stop orders were uncovered on the preaK.
After their execution the market was less
active and prices showed rallies of 10 TO
II points from the lowest.
Comparatively slight rallies met renewed
Wall street liquidation during the middle
of the afternoon with October ruling around
is. -, or about 10 points net lower.
NEW YORK CoTToN
The following were the - prices ID
the exchange today
Tone: Steady; middling, l2.6Oc; qulet.
Open. High Low. Sale. Close. Close.
Jan, Is So Is SO 13. IS ID. &c 1857 1916
Mch. .14.1O 14.11 10. 80 14.O2 90 IA .o3
July 1855 IL. Sc L. So 2.45 "A u 80
oct -. So 35 10. OS 13.15 Is 10 81
Dec. 1918 1873 3.54 1859 IS 1865
NEW ORLEANS COTTON
NEW ORLEANS, June 6.-Enough buying
deyelo1cd on the opening call III cotton To-
day to put the price to u points mgher:
but almost Immediately the market te!i OIL
urder selling encouraged by the weakness
of foreign exchange, and at the END Oh the
fist hour of business the trading months
were s to 10 points Under the close OF
last week. Ju1y rose 10 42Uic anu lei
back to II .94c.
: The weather over the belt was considered
favorable and It increased offerings. Oftl-
cal returns from the INTERIOR n1a gf on Of
about normal. In the trading up to II
o clock prices were sent IL to 10 points
under the close of Saturday, July falling
to 10y.
Early sellers started to take their profits
and created a better demand on when the
market made partial recoverles, stanulhs
at net declines of six to seven points to-
ward the close.
NEW ORLEANS COTTON
The following we're the ruling prices 10
The exchange today:
Tone: Steady; middling,r II 20c; steady s1
Open. High. Low, Sale. close; Close:
Jan. 10 26 ID 20 Is II 10 20 1920 1325
Mich . 800. Is. 80 Is go
July. 1905 II. OF 11.S7 II. "a 11.95 y. OF
Oct. 1919 12.79 SO 1926 1896 1918
Dec. 1913 1914 10. 90 1870 1906 I'LL
NEW ORLEANS SPOT COTTON
NEW ORLEANS, June 6.-Spot cotton
eteady 80 points lower; sales on the spot
e44 bales; to arrive, 241; low middling.
receipts, 4,754; stock. 44S.l52
SPOT COTTON MARKET
Atlanta, steady, 11.45c.
New York, quiet, 12.60c.
New Orleans, steady, 1.25c.
Philadelphia, steady, 12.S5c.
Norfolk, steady, 11.50c.
Savannah, steady, 11.5Oc.
ST. Louis, steady, 11.I5c.
{ Houston, steady, 11.60c.
Memphis, steady, 11.50c.
Augusta, steady, 1l.1Sc.
Little Rock, steady, 11.25c.
Dallas, steady, 10.S0c.
Mobile, steady, 10.75c.
Charleston. steady, 11.25c.
Wilmington, steady, 11c
Boston, steady, 12.95c
Galveston, steady, 11.75c.
Montgomery, steady, 10.50c.
ATLANTA SPOT COTTON
Atlanta spot cotton ......ll4oc
Receipts 90
Shipments " .. -. =. 143
Stocks =. -. -. -. -. -. =. O91
LIVERPOOL COTTON
Tone steady; sales 5000; good middling
S:55d.
rrone nuiet. sales 2 600. good middIinp