Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-04-27
COTTON

NEW YORK, April 26-The cotton market
opened steady at an advance of to II points
ON relatively steady Liverpool cables and an
unfavorable opinion Of weather conditions III
the south. There was some further near
month liutIidation and scattered selling OF
later deliveries which caused reactions Of a
few points after the call, but the offerings
were absorbed by trade calling, or fresh COM
mission house buying and the early marker
showed generally steady undertone arouhu
II so for July, and IL. so to II. SO for Octo-
ber Further rains were reported IN the
shouthwest and central belts which were
thought likely to cause further delays IN Tue
! new crop start, and Liverpool reported IN
yestment buying on the less favorable crop
news. .,
Twenty-Five May notices were reported,
but some scattered selling of the near month
was readily absorbed on the early seloach,
and the Nav nremium of 80 to 30 points was
we'll maintained. There was favorable COM
ment on the weekly report or the weather
bureau, but it appeared to be oIIset oy ths
more recent complaints of excess rain anu
floods in the southwest and the market hela
steady around midday with prices ABOUT
to 10 points net higher at 1850 Tor Julv'
and II "a for October.
There was a little more selling TOT SOUTH
arm account and scattered realizing or IL
auidation during the early afternoon. Prlces
eased off to $4,000 for May and 1I.t5c 1or
October, or about net UNCHANGED TO Z points
lower, but trading became very quiet arou lt
2 o'clock, with the market steady az the
decline.
NEW YORK COTTON
The following were the ruling prices U
the exchange today:
Tone. firm; middling, 1920; quiet.
Omen. High. Low. Sale Close Closa
IAN. 17.75 IT. so II GO 17.6s II. &c IT 81
Mar. Il. IS II. IS 1878 ITS 1913 $50.
Nav .1s. 20 IS. % II .95 .O6 1895 1897
1rlv II 81 II. SIS Ii. go 1910 II. SO II. 73
Oct. :. II. 80 II. 80 II. &c 17.71 1910 III"
Dec. II. 80 II so 1910 1872 ..... l7'72
NEW ORLEANS COTTON
NEW ORLEANS, April 2e.-Further neaVy
rains in the western belt, with the ralnlaH
extending into the central belt, caused ouy-
ing movement on the opening of the cotton
market today which lifted prices u ~. 10
points, new crops being stronger tn antoh snr
old. May traded up to 17.1O ana octooer
TO II % Considerable realizing came Oh
the market from the long side at the adVahce
and at the end of the first nall hour %
business the list stood = points under Jug ~
poins over the close of yesterday, May sag
ring to II ,O2, and October to lib.
The weekly weather and crop reports
from the government were fegaroeu az tho
ing rather better than expected anu N LII, tis
trading up to noon the list went 10 leHeIs
4 noints under to Z points over the close
of yesterday. May trading as low as la.Oo .
The market was held down by scattered
selling in the afternoon anu AZ 'oV ~-ON
stood down to up, compared with yes
terday's last quotations. May saggeo 10
1896.
NEW ORLEANS COTTON
The Following we're the ruling prices in
the exchange today:
Tone, steady; middling' 17e s., steady Pre-,
Open. High. Low. Sale. Close. Close.
Jan. :. IT'S 17.1s 6.95 1898 1898 100
Mar. :. 17.15 1918 1898 1898 1898 $50
Nav ITO II. IL 16. SO 1864 1894 1854
JuIy II % II. % II .O4 17.1O 90 7.lf
Oct 17.19 1925 Ii. O3 17.O6 17.06 1921
Dec. :. 1921 1921 17.01 1902 17.O2 ....'
NEW ORLEANS SPOT COTTON
NEW ORLEANS, April 26.-Spot cotton,
steady and unchanged. Sales on the spot,
sss bales; to arrive, 1,o40. Low ,. mlddlt s
1575c; middling, lie; good middl1ng, 1oc.
Receipts, LOGO; stock. 24S,549.
SPOT COTTON MARKET
Atlanta, steady, lie.
New Orleans, steady, Tic.
New York, quiet, 1S.20c.
Philadelphia, steady, 1S.45c.
Norfolk, steady, 17.25c.
Savannah, steady, lie.
St. LOUIS steady, lie.
Little Rock, steady, lie.
Houston, steady, 1900.
Dallas, steady, 1870.
Wilmington, nominal.
Galveston, steady, 17.40c.
Montgomery, 1870.
Mobile. steady, 16.50c.
Memphis. steady. lie.
Augusta, steady, 16.94c.
ATLANTA SPOT COTTON
Atlanta spot cotton .... ................17 lie
Receipts 100
Shipments LIZ
Stocks ...... ia 1S2
LIVERPOOL COTTON
Tone, steady; sales, 1000; good middling,