Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-08-27
COTTON

NEW YORK, Aug. 26.-There was heavy
realizing in the cotton market at the open
Ing today, q disposition to take profits after
yesterdays big advance being promoted by
relatively easy cables, the easier opening
Of foreign exchange and talk of prospects
for better weather in the bit. The opening
was stady at decline Of l to 16 points,
but, after selling off TO 1910 for Deem
Der, the market showed renewed strength
On trade buying and an increasing commits
sion house demand. The latter was pro-
noted by private crop report making the
condition 81, and the indicated yield 7,2500U
bales, while there also were reports that
Manchester had been an active buyer in
Liverpool. December here sold up to 15.62c
before the end of the first hour, or 81
points net higher and into new high ground
Tor the movement.
Realizing increased and there were reac-
Hons of 10 or 10 points, but sthe market
soon firmed up again on another rush OF
buying orders which was encouraged by
the reiteration of low condition figures. Ali
months made new high ground early in the
noon hour, with December selling up to
ing the condition 51.4 while the other
placed it at 81 and the indicated crop at 4
After selling up to 1854, for October,
md 16. 90 for May, the market turned cas-
Ter under more active realizing and selling
Tor reaction which was accompanied by
unconfirmed rumors Of showers in Texas,
With the general list showing reactions OF
IS to A points from the best around
o'clock.
NEW YORK COTTON
The following were fh- f'ices ID
he exchange today
Tone, strong; midling, 1890, quiet.
Last Prev.
Open. High. Low. Sale. Close. Close.
fan, :. Is. 80 Il. 80 Is. 1911 1911 10. 33
liar. Is. As Is. 81 Is. 1871 10. So 1915
Nay :. Is. As 1900 15.41 1892 1871 1857
tuly :, ,... 90. .... 80. 1895 1852
jept. :. .... 80. 80. To- 10 H. -
bet 14.s5 1854 II SIS 1880 1870 IA. 80
Dec. Il. "a IL. So 1919 SOS 1896 1928
NEW ORLEANS COTTON
NEW ORLEANS, Aug. ga fresh dis
Iav of strength was made by the cotton
harket today and new high levels 1or o oGe
eason were reached, October touching l9.uJc
Elring the first hour Of business and March
,oinp TO 15.45c Around the opening there
we're declines of 10 to 16- points under SELL
ng in sympathy with poor Liverpool mar
let but on the decline heavy OUTSIDE ouy-
me- developed and rise of more than half
cent a pound ensued, which carried the
radiug months "a to Al points higher than
Yesterdays close.
Further complaints Of severe crop dam
lge came from the western belt and along
With them buying orders, which kept the
dvance going. Shorts covered in a large
way following the issuance of two private
bureau reports on condition, both of them
lacng the percentage at 81 and on est1-
mating the indicated yield from this per-
entage at 100000, and the other at l.
$4,000. In the trading up to II O'Clock
rices rose so to 60 points, or So bale
higher than the close of yesterday, to Is rs
or October. March traded up to 10. sc.
Extremely heavy realizing set in among
.cent buyers and the market broke rapidly
nder the pressure. Toward the close the
ctive months were only to IL points
igher than the final prices of yesterday
18th October off to IA. 80.
NEW ORLEANS COTTON
The following @ere the ruling prices il
he exchange today:
Tone, steady; middling, AZ SOC, steady.
List Prev.
Open. High Low Sale. close. Close
an. :. 1890 10. 81 1870 $50 Is % 1900
far. :. 149s Is. 66 1870 Is. 33 15.3 SO Is. O5
lay :. 1900 5.55 14.99 5.33 -. 1915
let. :. II. e5 1928 1852 14.9S 4.93 14.6s
nee. IA SIS so 1915 $40 1915 14.91
NEW ORLEANS SPOT COTTON
NEW ORLEANS, Aug. 26.-Spot cotton
leady, 81 up. Sales the spot 1,119 bales;
,-arrive "A. Low middling, 1910; middling,
I.50; good middling, 1850. Receipts S62;
lock 434, 800