Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-06-09
COTTON

NEW YORK, June S.-The cotton market
was quiet during today's early trading,
with the price movement comparatively mar
row. Liverpool was about as due, and the
market here opened steady at an advance
Of 1 points to decline of 2 points. With
no definite change reported in the British
labor situation and the weather map show
ing generally favorable conditions in the
south, there was some scattering liquida-
tion and little southern selling. This.
sent prices about to s points net lower
after the call. July sold off to 12.5Oc.
while October declined to. 13.2Sc. One OF
the private crop advices said rain was badly
needed from eastern Arkwansas to eGorSia.
Trading was quiet ser in the morning
with prices showing rvalie:s, of three or four
points from the lowesi The weekly report
of the weather buresG read quite favor
ably as expected, but mentioned the boil
weeyil, which was said to be spreading ev-
erywhere in Georgia, and failed to stimulate
the midday market. October sold off TO
1926 on the mid-morning decline and ruled
around 1890 early in the noon hour.
Trading remained very quiet during the
middle of the afternoon, but prices held
steady and 2 to 8 points net higher Oh cover
ing.
NEW YORK coTToH
The following were the ruti" prices U
lhe exchange today:
Tone, steady; mjddling, 12.sOc; quiet.
Open. High. Low. Sale. Close. Close.
Jan. 1885 1907 1880 14.05 14.05 1887
March 14.11 1439 400 14.3s 14.3S 14.15
May 500. 900. ..... ..... 1853 .....
July 1880 1886 1850 1858 12.G3 1888
Oct. 1888 1913 1926 1914 1874 1884
Dec. 1917 1897 1872 1895 1895 1878
NEW ORLEANS COTTON
NEW ORLEANS, June S.-Price changes
were harrow in the early trading in cotton
Wednesday, the trading months losing = to
points in the first hour. July fell off to
- 0Sc and October to 12.S0c. Selling was
encouraged by lower Liverpool than due,
but offerings were held in check by the con-
tinued showery weather In the western belt,
which was expected 10 lead TO increased COM
plants of boil weevil.
The weekly crop reports from the govern
ment would have been called favorable but
for their mention of the spread of the boil
weevil. The statement from Georgia that
"boll weevils are spreading everywhere"
was considered nothing short of alarming
In view of private claims from that state
that some farmers already are blowing
up their cotton on account of the insect.
Weevil reports increased the demand and
in the trading up to II O'Clock put prices
4 to points higher than the close of yes
terday, July touching 12.1Sc.
Reports of much better demand for spots
for shipment to Bremen, especially through
Galveston and Savannah. caused pronounced
strength in the late trading and toward the
close tn eactive months were Is to 10
points higher than the final prices of yes
terday, with July up to 1927.
NEW ORLEANS COTTON
The following were the ruling prices in
Che exchange today:
Tone, steady; middling, 11.5Oc; steady.
Last Prev.
Open. High. Low. Sale. Close. Close.
GAM. . 1912 1866 13.41 1886 1853 ID. 40
March 1870 1892 1870 1892 1892 1871
July 1912 1921 1903 1924 1928 1912
Oct. 1888 1906 1880 1903 1903 12s
Oct 1923 1916 1921 13.45 1874 1927
AMERICAN EXCHANGE QUOTATIONS
The following were the ruling prices In
Hhe exchange today: