Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-05-24
COTTON

NEW YORK, May 23.-There were more
May notices issued In the cotton market
today than on any one notice day previously,
representing about 1900 bales. Their cir
culation, combined with slightly disappont-
ing Liverpool cables, led to opening de-
cline of 10 points here, and active
months soon showed net losses of 10 to II
points, with May selling off to 12.1Sc and
July to 12.55c. There was scattering May
liquidation and some selling of later posi-
lions on reports of favorable weather in the
south. Liverpool and an the south sold early,
buyers, and a moderate demand was re-
ported from the trade.
Mey sold off to 12.02c during the middle
then rallied, the last sale of that position
before its final maturity at midday being
at 12.1Gc. Later months were steadler
after May liquidation Lad been completed.
1920. or about II to = points net lower,
but showed rallies of some to 10 points
around midday or covering. The weather
forecasts were considered favorable and the
trade expects Il favorable weekly report
from the weather bureau on Wednesday,
but large clearances from Galveston pro-
noted the talk Of increased exports.
Trading remained quiet during the early
afternoon and after selling up to 12.6Sc
for July and 13.40c for October, or about =
to 3 points net higher, fluctuations were
rtaher irregular.
NEW YORK COTTON
The following were the ru!ir@ prices ip
The exchange today
Tone, easy; middling, 1850, quiet.
Open High. Low Sale. Close Uuse.
Jan. =. 1878 1887 49, 13. 81 ID. SO 81
Mch. 14.13 AIS 80 1890 1890 Ais
May E. 12.3O u. 80 II. OF 1915 ..... 1885
fully =. 1850 .6S 2.35 12.37 1886 1886
Oct. :. $50 13. 40 10. Os 1908 1903 1887
Dec. :. 1870 1873 13 .43 IS. As As 1910
NV NEW ORLEANS COTTON
NEW ORLEANS, Nay 23.-Tavorable
weather conditions over the major part OF
the belt and cablcgrams telling OF serious
rioting in Alexandria, Egypt and the clos
ing OF the cotton exchange there, caused
enough selling to depress the price OF cotton
Is to Is points in the first hour of the
session today. Large exports from Calves
ton-41 $50 bales-made favorable impress
sion, but caused no buying of consequences.
ing out with condition figures of SO per
cent of normal seemed to be help to the
market and in the trading up to II o'clock
the declines were recovered and replaced by
advances of to points over the close of
Saturday. July rose to 1229c.
In the late trading the market expert
enced considerable selling pressure, which
appeared to be based altogether on more
favorable view of conditions over the belt
as the result of dry and warm weather
Toward the close July was down to 12.00c
and the more active months were % to %
points under the final prices of last week.
NEW ORLEANS COTTON
The following were the ruling prices in
the exchange today:
Tone, staedy; middling, 11.62c, steady.
Open. High. Low. Sale. Close. Close.
Jan. &C.,. ...'. .'..' 1o'1V lo.o'
Mch 49, 80 10 Ga IS IL. GA 10. As 1910
May :. 100 100 rs II. 81 11.9 II 80
July :. 1925 II 20 II 90 II. SO 1872 . .25
Oct. :. - 50 - 90 e.65 12.67 10. 65 Il. %
Dec. :. Is. 20 10 % 10. 90 1900 90 1927
!. NEW ORLEANS SPOT COTTON
NEW ORLEANS, May 23.-spot cotton,
steady; - points lower. Sales on the spot
LAC bales: to arrive, 100. Low middlng,
9.13c; middling, 11.63c; good middling.
1870. Receipts, 5,943; stock, 427,569.
SPOT COTTON MARKET
Atlanta, steady. 11.25c.
New York, quiet, 12.5 SOC.
New Orleans, steady, 11.G2c.
Philadelphia, steady, l2.Ijc.
Norfolk, ssteady, 11.25c.
Savannah, steady, 11G0c.
gt. Louis steady, IL 75c.
Houston, steady, II ,6oc
Memphis, steady, Hoe.
Augusta, steady, 11.13c.
Little Rock. steady, II SOC.
Dallas, steady, 10.S5c.
Mobile, steady, lie.
Charleston, steady, 11.25c.
Wilmington, steady, lie.
Boston, steady, 12.45c.
Galveston, steady, 11.SOc.
Montgomery, steady, lie.
ATLANTA SPOT COTTON
Atlonta spot cotton -. .n.25c
hePelpIS ool
shipments ooJ
Stocks "a, 1876
AMERICAN EXCHANGE QUOTATIONS
The following were the ruling prices in