Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-04-21
COTTON

NEW YORK, April 2O.-There was further
Hquidat ton of near months at the opening
of the cotton market today, but offerings
of May were readily absorbed at a dis
count of about go points as compared with
July, and after opening points lower to
points higher, the market steadled on The
relatively steady showing of Liverpool and
reports of a better feeling in Wall street.
Prospects for unfavOrable weekly report
ON wea Their conditions in the south were also
factor on the rally from 11.7O TO ll.n 1or
May and from 1929 to 1887 for July, or
about to points above last nights clos
Ing figures. Private cables reported a quiet
market in Liverpool with more offering
from the south, but with prices sustained
by an improving spot demand.
The unfavorable weekly government report
Indicating that the weather had been too
wet and cold for cotton, led to furry
of covering later May advanced to l.S5
and July to 12.4f., or II TO 10 points above
last nights closing. Otherwise no buying
of consequence developed and the market
was very quiet around, midday, although
prices held steady within 3 or points OF
the best Southern selling here was less
active than yesterday. ,
the early afternoon owing to the absence
of any important selling pressure from the
south, little more trade buying ana COW
erng by early sellers. July soid up 10
1854, with active months generally show
ing net advances of 20 to % points araund
O'Clock.
NEW YORK COTTON
The following were the ruling prices in
he exchange today:
Tone, steady; middling, 12.15c, quiet:
Open High Low. Sale. Close. Close.
IAN ...13.42 1872 13. 40 1910 1870 .....
uch. ..13. IS H. OF 10. rs IA. O2 HOP $50.
Nay III 10 II 81 IL. 20 II 80 II. 80 II so
Iuly ...12 81 IL so 1929 1886 1924 -. 90
Oct. ...12 IS 10. IA 2.s3 49, 1910 Isl
Dec. ..13. % 10. So 10 81 49, So 49, 5 10 80
NEW ORLEANS COTTON
NEW ORLEANS, April 20.-Small ad-
Fances were made by cotton in the first
half hour of business today, the active
months rising IL to 1? points, on expecta-
tions of unfavorable weekly crop reports
y from the government. May rose to IL. 40.
Some buying was induced by better Liver
300 THAN expected and fresh attempts to
gettle the British coal strike.
The appearance of a new cold wave to the
Z west of the cotton region and the generally
unfayorable tone Of the weekly review OF
conditions over the belt by the governments
Stimulated a further demand and at IL
o'clock prices were Is points higher tnan
the close of yesterday with May at 11.51:
Reports of a better export demand Tor
spots at some points in Texas kept the ad-
: vance going and at 80 O'Clock prices were
20 to 80 points up with May at IL 81. The
contract ring was not excited on this trad,
ing and the market wore a more normal
look than for long time past.
NEW ORLEANS COTTON
The following were the ruling prices In
ihr exchange today:
Tone. steady; middling. lie, steady;
Open. High. Low. Sale. Close. Close:
Jan. ........ go. 500. 13.1l l2.7e
Mch. ....,.. ..... 15.41 1o.oo
Nay Ill 50 II. 6S IL "a II. So 1872 II. SO
July Hiss Is 11.s3 12.11 1910 81
Oct. ...1237 IL. SO 12.35 u. 80 1892 1872
Dec. ...12. so IL. 80 1919 1926 1926 IL. SO
NEW ORLEANS SPOT COTTON
NEW ORLEANS, April 20.-Spot cotton,
steady and unchanged; sales on the spot,
1888 bales; to arrive, 270; low middl1ng,
s25; middling, IL so; good middling, - 70;
receipts, 1853; stock, 399,417
SPOT COTTON MARKET
Atlanta, steady, 11.20c.
New York, quiet, 1215c.
New Orleans, steady, lie.
Philadelphia, steady, 12.40c.
Norfolk, steady, lie.
Savannah, steady, 11.55c.
st. Louis, steady, 11.5Oc.
Houston, steady, 10.75c.
= Memphis, steady, lie.
Augusta, steady, lie.
Little Rock, steady, 10.25c.
Dallas, steady, 10.40c.
Mobile, steady, 10.50c.
Charleston, steady, lie.
Wilmington, steady, 10.75c.
Boston, steady, 12.30c.
Galveston, steady, IL. 40c.
Montgomery, steady, 10.75c. -
ATLANTA SPOT COTTON
Atlanta spot cotton -. -. -. ...... II .20c
Receipts 49,. 4oO
shipments ...,.. $50
Stocks 80. go. go. ..34, 346
LIVERPOOL COTTON
Tone, quiet and steady; sales, 1000; good
middlipg, S51d.
Prev