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

NEW YORK, March 2.-The cotton market
u>t most of Yesterdays improvement during
,oday's early trading Liverpool showed re-
,cwed weakness following yesterdays adj
-.nce and The market here opened at a de-
line of Il TO 81 points There were rallies
e several points right after the call on COW
ring and a continuation of yesterday buy
.rg, but they met good deal OF SeillhS
from the south and local spor firm brokers.
Narch was relatively weak owing to the CIR
.ulation of a few notices. and sold OH 10
0e5c before the end of the first hour.
raking a new low record fer the season
md net decline of IS points. other months
,howed losses of about 30 to IS points.
With May selling at 11.3Sc and July al
II soc Private cables attributed the weak
ness of Liverpool to unfavorable political
conditions and poor Manchester accounts.
II was reported that Lancashire spinners
might close down for ten days al Easter
aud one of the private cables received early
did that greater curtaiment might be
"Gopted after the holidays. These advtceS
helped to ~nnsettle the tone of the market
which turned very weak during the middle
" the day under liquida ton by recent buy
prs and continued southern selling. May
broke 10 Ill. and July TO 1l.6O or % TO
80 points net lower. and all positions n-de
new low records for the season. Only g.
few March notices were reported but the
urice declined to 1859. or Ga points net
lower .
There was southwestern selling early in
covering promoted by reports of better
one in the stock market and foreign eX-
.hangc. May sold up from 11.02c to II .36c
nd July from 11.55c to ll.Ur or ABOUT
% to ii points from the lowest
NEW YORK COTTON
The following were the ruling prices IN
he exchange today:
Tone, steady; middling, II zoe, qupet.
Last Prev.
Open. High. low. Sale close. Close
co q
Mar. ;. II. 90 II. II so TO- SO 30 II 33
May :. H. As II. 6S II. 10 1.46 11.45 11.74
July :. 11.95 -. 90 IL 11.s5 11.S5 @.17
Oct. >. 12.35 II. 46 1906 u 80 12.2S 12.56
Dec. =. L. So 1856 1870 80 12.45 H. 10
NEW ORLEANS COTTON
NEW ORLEANS. March 2.-The unfayor-
:.hle tone of foreign political news ana
lever LIVERPOOL market than due put the
price of cotton lower on the opening here
today and in the first half hour OF business
the more active months lost 20 to y points;
May traded down to 11.2Sc. The market
held steady at the decline, but dld not re-
ceiye aggressive support.
The receipts of London cables, stating
that the proposal to send French troops
into Germany had received approval of the
allies. creaetd weakness under which. IN
the trading up to II O'Clock, prices fell
Is to Al points under the close of yes
terday. May dropped TO 11.03c
The decline continued until IL dHlouultu W
- TO 63 points with May down to 1887 and
al months at new low levels for the season.
Realizing by shorts set in and the demand at
80 O'Clock was sufficiently strong TO cause
recovery of 30 to 80 points from the low
st.
NEW ORLEANS COTTON
The following the ruling prices In
81 exchange today:
one, steady! middling, lie. steady.
Last Prev.
Open. High. Low. Sale. Close Close
an " 49,. 12. % 12) 50
ar :. 10 90 II 90 80 0.60 10.7 II. 10
~ :. lbs 80 1877 lila II. IL II. 80
Iy :. So lilo 1.21 A 11.42 lisp
1t. :. 2O3 l. .O3 II. SO 81 1.s2 1872
&c. 1217 12.17 12.OS IL. OS EOS 10. 40
NEW ORLEANS SPOT COTTON
NEW ORLEANS. March Spot cOttoH
,iet; quotatio revised middling. -
ints lower. Sales on the spot, 81 bales
arrive none Low midding, 7.75c; mid
ing, 11.O0c; good middling, 1900. Re