Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-04
COTTON

~
ket was rather irregular early today. The
Liverpool cables were disappointing and the
opening here was three points lower TO
five points higher, with near months rela-
lively easy. There was Liverpool and wire
house selling, but the offerings were alb
sorbed by New Orleans, Wall street and
trade buying, and the English market raj
lied shortly after the local opening. This
gave prices here steady undertope ana
the market ruled about net unchanged to
points higher during the early trading,
with May selling at 1900 and July at II. 53.,
-Four more March notices were reported.
probably accounting for the relatively easy
ruling of the March delivery. Private
cabies reported a better spot demand, but
continued depression of sentiment in Man.
chester because of the increased Indian
import duties.
creased realizing or liquidation, accompa-
MED by reiterated reports that cotton was
coming here from the eastern belt Tor de-
livery on contracts. May sold off to 11.99e,
or s points net lower, but there were evil
dences Of a better demand just below the
1s-cent level and the market was quiet but
steady during the a late loren On wa orerns
There was moderate demand from trade
houses during the morning, with some scat
tered buying on prospects for bulilsh Week
The weekend figures showed decrease
of 126, 900 bales in the worlds visible sup
ply of American. compared with io,ooo iast
t.
sagged off slightly during the middle OF
tn eafternoon under renewed realizing.
MAY sold down to 1890. with the market
ruling about TO IS points net lower around
o'clock.
NEW YORK COTTON
The Following were the ruling prices in
Che. exchange today:
Tone, steady; middling, 3s.sSe' quiet ,s,
Open. High. Low. Sale Close Close
Mich, Is SO SO 1917 1923 1928 1885
May ...1s. O3 IS. 90 1870 1875 1874 1907
July ..17. 80 1873 17.22 IT. &c 1925 7.34
Oct. CT 1915 1858 1860 1880 SO
Dec. ..16.54 1851 1914 1914 $50. 1850
NEW ORLEANS COTTON
NEW ORLEANS, March Poor cables
were responsible for drop OF to 4
4 cotton market on the opening today.
scattered demand met this small depres-
sion and at the end Of the first half hour
OF trading prices were TO D point snlsaeT
than the close of yesterday. May fell
OFF TO 1856 and then rose to 1851.
Mill takings for the week CT 2O9,0O
bales were considered encouragingly large,
and they brought in small amount 40 oo OIL NEW ths
gains amounted to to points, May trad
ing at 1886 at its best.
In the afternoon more favorable weather
over the belt and the view that foreign
politics were likely to furnish new. seil1ng
arguments in the near future increased Of
ferings to moderate extent. In the trad
ing up to 80 O'Clock prices sagged 70
levels to Is points under the finals OF
yesterday, May dropping to a6.76.
NEW ORLEANS COTTON
The following were the ruling prices If
the exchange today:
Tone, steady; middling, 17cs-steady
Open. High. Low. Sale. Close. Close.
1fch. LESS 1891 1914 1916 1916 1888
May ...16. IS 16. 95 1876 1870 1878 1853
July ...1655 10. 65 1852 1862 1852 1888
Oct. ...16 OF 1901 1888 1888 1888 1896
Dec. -. 49,. go 1915
NEW ORLEANS SPOT COTTON
NEW ORLEANS March 3.-Spot cotton,
steady and unchanged. ASales on the spot,
1.029 bales; to arrive. 49, Low middling,
f5.75c; middIing, 17.O0c; good middling,
SPOT COTTON MARKET
Atlanta, steady, 1850.
New York, quiet. isaac.
New Orleans, steady, tic.
Philadelphia, steady. 1880.
Norfolk, steady, 17.40c.
Savannah, steady, 17.55c.
st. Louis. steady, 17.50c-
Little Rock, steady, lie.
Houston steady. 17.75c.
Dallas. steady, II. 10c.
Charleston, nominal.
Wilmington, nominal.
Galveston, steady, 1890.
Mobile, steady, 1".75c.
Memphis, steady, 17.40c.
aznA Augusta steady 1880.
Montgomery, steady. 1880.
ATLANTA SPOT corAoN
Atlanta spot cotton ...... .i1.6jc
receipts r.. $500. $3.50. ....... -oI
shipments $3.50. .,... $3.50. ,0l3
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