Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-05-30
F1!\%&yMar1kttRpo7ts
COTTON

NEW YORK, May o9.-The cotton market
opened firm at an advance of Z to - points
with active months selling about 20 to %
noints net higher on or right after the call,
owing to steady Liverpool cables, reports OF
unsettled weather in the south, and COM
plants that boil weevil are numerous IN
many parts of the belt. The advance to
p 25c To- July and 20.S5c for october es-
tablshed new high prices fer the move
ment and attracted a good deal OF scat
tered realizing for over the holiday tomor-
row. July sold off to 21.O5c and october
TO 90. csc in consequence, but Liverpool VIZ
A buyer and there was enough trade or
commission house demand to give the market
a steady undertone
Am early report making the condition of
the crop 67.9, with an increase of 90 per
cent in acreage, pointing to a yield OF
10 296. 900 bales, without any apparent
Influence on the market. The demand
tapered off after the early buying orders
had been executed, however. and a report
published later in the morning making the
condition of the crop 72.1 led to httle
more scattering liquidation. Prices easeu
off in consequence, with July selling down
to pic and October to 20.61c shortly after
midday, or about net unchanged to points
lower. .-, l.
2O.42 early in the afternoon, or about Is
to - points net lower owing partly 10 re-
ports that crop advices from the southwest
were beginning to show some Improvement
offerings became Slidller at INT uVNAAAiS'
however, while the detailed weather reports
showed pretty heavy eastern belt rains and
the market showed rallies of s or 10
points around o'clock on covering.
NEW YORK COTTON
The following were the ruling prices IN
the exchange today:
Tone steady; middling, o1.5Oc, quiet.
Last Prev.
Open High. Low. Sale Close. Close.
Jan. 20 so 20. 80 &c. 06 20.15 20. Is 20. 20
on . . % 0S
July 81 10 81 % 20. 50 20. 81 &C. SO 81 90
Oct. .2O.75 20. So 20. AZ O.47 20 Al 20. 63
Dec. 20. so 20. &C 20. 2S 80 20 80 20. 40
NEW ORLEANS COTTON
NEW ORLEANS, May 29.-The rainy
weather in the eastern half of the belt,
the storm in the eastern Gulf of Mexico
and private bureau report on condition OF
$40, indicating, with an increase IN the
acreage of ~ per cent, a crop Oh ABOUT
D., 10 300 900 bales put the cotton market to
new high levels Cn the opening today. The
advance continued until the trading months
were 16 to % points up with July at Zl.oZc
a pound. Heavy realizing came from the
long side and new selling was aroused by
a private bureau report on condition OF
70 At the end of the first hour of busl-
ness prices were points higher to points
lower than the close of last week. July
fell back to 20.S3c.
offerings from the long side increased
and i'll the trading up to IL O'CLOCK the
list went as low as TO II points under
the close of Saturday, July falling to 2O.6o.
In the late trading the market was sort
with offerings rather liberal and no new
demand of consequence. In the trading up
TO 1890 o'clock prices went as low as ~
to 13 points under the close of last week.
July stood at 2o.GS at Its lowest.
NEW ORLEANS COTTON
The fullpwIn. were lie ruling prizes ~
Bio rXc%arGe today
Tone, steady middlng 2O.5Oc' steady.
Omen. High. Low Sale Close. Close.
Jan 10 So 10 "a 10. 6S 10. 6S 10 6S 10. rs
March 1910 10. 20 10. 40 $40 10. AZ 10. 60
july n 90 81 .O2 20. 63 20. 81 20. sc 90. 76
Oct 20. 80 20. So 20. 90 2O.12 20. II 20. 10
Dec. 20. OS ~. II 10. sc 80 10 90 10. 90
NEW ORLEANS SPOT COTTON
steady and unchanged. Sales on the spot
S02 bales: to arrive, 516. Low middlinS.
I9c: middlng. 2O.5Oc; good middling, 21.s0c.
Receipts, 5,254; stock. 2O4, 2S5.
SPOT COTTON MARKET
Atlanta, steady, 20.75c.
New Orleans. steady, 20.50c.
New York. quiet, 21.50c.
Philadelphia, steady, 21.75c.
Norfolk, steady, 20.75c.
Savannah, steady, 20.75c.
st. Louis, steady 2Oc.
Little Rock, steady, zoe.
Houston. steady 21.10c.
Dallas, steady, 2D.J0c.
Wilmington, nominal.
Galveston, steady, 2l.29c.
Montgomery, steady 20c.
Mobile, steady, 1850.
Memphis, steady, 20.50c.
Augusta, steady, 20.7 5c.
ATLANTA SPOT COTTON
Atlanta spot cotton ... ........ 20. 7jc
Receipts ...... ........ .... ...... ISL
SHIPMENTS w w .,.,..... 229
stocks ...........,.. 5000
LIVERPOOL COTTON
Tone, quiet; sales, 10000; good middling,