Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-06-03
; F1!W%4yMorkEttRR poTt5
COTTON

NEW YORK, June 1.-THE cotton market
opened steady at an ADVANCE of to de-
cline of 5 points, most of the more actlNe
positions being a shade higher IN response
Ia the steady showing of Liverpool and re-
ports of further rains IN the south. Ihere
was renewal of pre-bureau llanluatIon,
however, also some scattered soutn"estein
selling supposedly rejecting an improve,
ment in crop prospects and the market easeu
off shortly after the call IN conSequenDCe'
JuIy sold off from 20. 40 to 20 40 ana De
cember from 90. Oh to 93, WIN me sener7
81 lief working some ! to 8 points below yes
terdoy's closing. According to advlces re-
ceived here the first bale OF the new 1eAns
crop was received at Houston TO-DAY. LAS las
wear the first bale reached houston OH May
"a and two years ago on June 70. .
. The government report making the CohuI-
tion 6:.6 was just about in line WIN eA
pectatirns based on recent private rrP0 nrices
Quickly eased off to 20.14c for Jul Y, 9:9nc
for October and 19.T5c for DecSmDer rlsn nt
after its publication. or 70 to 5Z po!nts ~
lower This break brought in consldefap'c
buyinr however. and the market qhlcNlJ
rallied. with July selling mp TO Zo ~
tober to 2O33c and December TO ZV;-'c ~
10 to % points net higher WITHIN the llrst
t;t.oon or twenty minutes after the flgures
wore issued Both trade interests anu ~
cent sellers We're buyers on 'he ; ~
which was encouraged by Reports VI 4La .tocr
the eastern belt and firmneSs Ill inc ''''A
market. ,:4, followed the
The bulge which Immediately followed 't te
government report carried OCTOBER up ee
90 sfc and December to 20.25c, or 20 TO 20
noints net higher. This met sca'lere.
southern selling, however, the maEket rs
off again during the middle OF the "i'ei
noon under renewed liquldatloh.
NEW YORK COTTON
The following were the ruling prices IN
khp exchange today: ., "a orio+
s. Open. High. Low. Sale Close. Close
10 81 %. 10 10. G5 90. 16 20.16 10. 81
Ncb 10. So 20. 90 10. 80 1892 1872 l9'o-
Jnlx 20. Al 90 81 90. 10 20. SO 2O.S2 2o.4O
~ % "a 90 .61 70. % 20. 50 20. 53 POI"
poc 20. O2 20. 40 10. 80 20. 80 2O.S9 1879
NEW ORLEANS COTTON
NEW ORLEANS. June AFTER adyah tto
cotton market fell off to levels d to IL po,nts
nnder the close of yesterday unNer seiline
from the long side. Reports OIL 60 no,,nrod
rain in the western be!t causeu e;s+ hour
'-staod;nass and at the end of the tlrst nour
Of business prices were up around the ny 20
est again July traded as high ms -o'-'
and as low &c. % IN
At the time of the bureau retttt; md
o'clock the market became very eaclteu "nI
sctire The condition figures, 696 per cen,
of normal were rather higher than sener3 3
expectations. and break OF 81 TO DO Pc 70
Immediately followed. CARVING July oll III ~
10 75c After a short period OF hedNH SCI
ing. the market acted sold out anu " tbo
buying orders checked the decline. as !mo
market hesitated at the decline -iISh If
/ hnvinr started and a wild upward tn nH ~ VI
: en- IN so points ensued. July rose 10 49, a.
ond at this level the list stood ~ 10 q
. pCints higher than yesterday close: ro
In the late trading there were slhali ie
.ossions under realizing by longs over ~
weekend. tomorrow being holiday IN tiinS
market on account of Confederate Nheniot 10
dav. but the tone was held STEADY o oG 600
I.r,o mill takings for the week, -llooo
ha1es aroinst Isl, 900 this week last year
a. . 40 O'Clock prices were at net a 40
yances of IA to Il points with Jul! "'
NEW ORLEANS COTTON
The following were the rulins prizes "
= Ho rv"!IaIgn tolavt ~ "a .odr
Tone, steady; mlddllng' Zu.aoe' prev
oper. High. Low. Sale. Close close
Tor 10 IS 19. 81 10. O6 19.62 81 81 -
Mich. IS. 9s 49, 80 1874 49, l9'oo
I,,v % % 90. So 10. rs 0.52 20. so 20.
Oct .19. GS 2O. O5 9.25 1000 100 1915
H. 10 4e ~. So IS. so IS 19.75 10. 40
NEW ORLEANS SPOT COTTON
= NEW, ORLEANS, June 2.-spot coaton t
= steady and unchanged. Sales on the ,, SPOT
s37 bales: to arrive, o92; low middlinS,
10 On .middling. 20 so; good mddlng, I.o0;
receipts, 2.409; stock. 1921.
SPOT COTTON MARKET
Atlanta. steady, 20. Soc.
:. New orleans, steady, 20oOc.
:. New York quiet. H SOC
Philadelphia steady, 21.6Oc.
Norfolk. 20.50c.
,. Savannah, steady, 20.5Oc
St Louis steady 2Oc.
Little Rock, steady. 2Oc.
Houston? steady, 21c.
Dallas, steady. 20.25c.
Wilmington, nominal.
Galveston. steady. PIC
Montgomery. steady. zoe.
Mobile steady 2023
Memphis, steady, 20.1lr.
Augusta steady. GOOSE
ATLANTA SPOT COTTON
Atlanta spot cotton -. ~. sc
Shipments " &C.,. -. -. 92I
Stocks - - '''''-'''''
LIVERPOOL COTTON
Tone barely steady; sales, 10000; good
middling, 2.4Sd ~,