Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-03-24
COTTON

NEW YORK, March 23.-The cotton mar
ket showed renewed firmness at the opening
today owing to the continued, advance III
IiyerpooI and rather more definite reports
of improving Manchester trade condluons;
First prices were 10 to So points higher ana
active months sold rs to ~ points ABOVE e iast
nights closing before the end of the tlrst
hour with May touching II. 43 ana july
1856 Some is or 20 March notices were
>reDorted but after opening at 1-.uV tnE :
month sold ND to 1907 on covering. hepo[ts
Of better business in print cloths in the
local market yesterday were also factor
on the advance. go ,,obo.+or
Cable advices reported that Manchester
was buying in Liverpool against recent
sales of goods and also reported consid-
cradle Improvement in India. Houses WIN
LIVERPOOL connections were active puyeI ,
here early, while there was more senellt
demand through wire and commission houses
than for some time past on the advance.
May sold up to 12.6lc and July TO loot
making net advances of 90 TO o. POM ~
Inf there was a little more southern sell
ing at the higher prices and the market
showed reactions of several points from tue
best during the early afternoon. Qne u
the kilograms received here from houston
said that spot holders We're more oisposeu
! Realizing became more active on the re
ports of increased spot offerings, VIII -ha3
easing off to 12.47c and July TO 1Z95c our
inc fbe midafte1noon, or about II TO Ii
points from the best.
NEW YORK COTTON
The following were the ruling prices IN
the exchange today:
Tone, steady; middling, 12.55c; quiet.
Open. High. Low. Sale. Close; Close;
Ian. :, 13 30 10 .95 10. 30 IS .95 Is. 81 1856
Mar. u 90 u % 81 IL % ..... 11,79
May >. L. % II. 65 20 L.. 63 2.63 1904
July -. 12.25 Is. 10 1910 3.07 1907 1880
oct. Is. IS 10 so 13. 20 10 go 1888 12.99
Dec. Is 80 IS So IS .4S 1885 1885 -3.37
NEW ORLEANS COTTON
NEW ORLEANS, Makch 23.-Prices were
higher in the cotton market today. lne ac
five months gaining 80 to 81 points i'll the
first half hour of the session. rms maze
the price of May SO cents a pound. beL-
ter Liverpool prices than due and a favorable
opinion of the European situation IN gem
eral were mainly responsible for the rise;
Aprivate cablegram from Liverpool sald
that conditions in the Manchester market
"J Run,ors that a large amount of gold was
on its way from Russia to this country
caused an active and very flrm marheU. II
the trading I'D to IL o'clock prices We're
sent Al to 40 points higher than the finals
of Yesterday, May going to 12.o9. :,
A better tone in the spot department III
creased bullsh feeling in the cont[act od mao To-
~ 70 ~ points, with May up TO lZ.l-t'
Market gossip had it that important coN
ering of the short interest was done; a
little later early buyers started realizing
nrofits and at 80 O'Clock prices We're IL
to IL points off from the best OF the DAY.
NEW ORLEANS COTTON
The following were the ruling prices IN
The exchange today:
Tone. steady; middling, 11.50c; steady
onon HIGH. Low. Sale. Close. Close.
Ton 49,. 10 .43 u. s.
Mar. Il. 80 Ii 10 H. % 11.70 800. n.30
Nav 11.I3 u % 11.73 30 1920 lbs
July :. IL. 90 u 80 II. Is II IS 1888 11.9G
oct -. y IL. II y. 81 3.12 10. OS -. AS
Doc II. O5 10 20 IS. O5 10 20 Is IS 1916