Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-04-20
COTTON

NEW YORK, April 19.-Most of yester-
days late reactions were recovered in the
cotton market during todayS early trad
ing. The Liverpool cables were somewhat
pa disappointing. but reports from the cotton
goods trade showed continued improve
ment in demand and there was nervousness
over the rainy eastern belt wea ther, COM
bined With low temperatures in the west.
Prices opened at, an advance or 10 ~
points, with active months selling ID TO
is points above yesterdays close. or around
1910 for July and 17.74 for October. There
was some spot house selling of May against
purchases of later months, but trade call
ing helped to absorb the near month Of
ferings and a considerable volume of conf
mission house realizing was absorbed on
the early advance.
The weekly report of the weather bureau
favorable and was followed by reactions
of six or seven points. Except for scattered
realizing. however, there appeared to be
little selling pressure, and while trading
became less active prices held fairly STEADY
owing to reports OF continued flrmness IN
graf nan6 feeling that the big advance in
har silver at London would help Lancashire
trade. July ruled around 1853 and October
1877 shortly after midday, or about to
points net higher.
for July and II 60 for October. or back 10
yesterdays closing quotations during the
early afternoon. Trading, however, re-
manned quiet aud prices held fairly steady
dIteF IHe decline.
NEW YORK COTTON
The following were the ruling prices in
the exchange today: ...
Tone, steady; middlng, 1s.1Oc; quiet.
las. Pres
Open. High. Low. Sale Close Gloss
Jan. | 100 1T.0G 1916 1919 1915 1852
May e. 1906 1900 17,91 1871 1871 1894
July 1894 ITO 1850 1852 1850 1856
Oct. 1910 IT'S 1875 1870 1888 1850
Dec 17.G5 1913 1850 1852 1850 1857
NEW ORLEANS COTTON o
NEW ORLEANS, April 19.-More wet
weather in the belt put the price Of cot
of Is to 16 points in the first half hour
of business. The steadinesS was increased
by expectations of unfavorable weekly crop
reports from the government. May rose
to Hi.
The weekly crop reports from the govern
ment were considered to be much better
than generally expected and they caused a
selling movement of moderate proportions.
Some long cotton was thrown overheard
because of an unfavOrable view of develop
ments at the Genoa conference. In the
trading up to noon prices went to points
under the close of yesterday, to 1894 for
May.
Next to no support was offered in the
afternoon. and offerings increased an
unfavorable opinion of European politics At
1:30 O'Clock prices were at net losses of
SIX 20 nine points WIN May at 1903.
NEW ORLEANS COTTON
The following were the ruling prices In
the exchange today:
Open. High Low Sale Close. Close.
Jan. . 100 170G 17.76 17.69 1915 1882
May 100 17,11 1856 1851 1857 1888
July :. 100 17.12 1890 1898 1893 5000
Oct. 400 I'LL 1855 16.SS 1857 1896
Dec. i. 1867 17.OG 1858 1856 1855 1892
NEW ORLEANS SPOT COTTON
NEW ORLEANS, April 19.-Spot cotton
quiet and unchanged. Sales on the spot
1876 bales; to arrive 247. Low middling,
1870; middling, 100; good middling, 1890.
Receipts 5,612; stock 274, 40.
SPOT COTTON MARKET
Atlanta, steady, lie.
New Orleans, steady, lie.
New York, steady, 1S.1Oc.
Philadelphia, steady, 1880.
Norfolk, steady, 17.13c.
Savannah, steady, lie.
St. Louis, steady, Tic.
Little Rock, steady, lie.
Little Rock, steady, lie.
Houston steady. 17.2Jc.
Dallas, steady. 1900.
Wilmington, nominal.
Galveston, steady, 17.4jc.
Mobile, steady, 1900.
Memphis, steady, lie.
Augusta, steady, 16.S1c.
Montgomery, steady, 16.10c.
ATLANTA SPOT COTTON
Atlanta spot cotton lie
Receipts ..'. ~
shipments OIL
Stocks 80. -. -. -. ...'5I, f5|
LIVERPOOL COTTON
Tone, very steady; sales, 5000; good mid
ding. 10,T0d,