Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1923-06-30
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COTTON

NEW YORK, June 29.-Trading
the cotton market was compare
Nely quiet early today and prices
aade a generally steady showing.
The opening was six to % points
igher with the more active months
hoWing advances of six to nine
bints. Liverpool was rather dlsap-
binting, but offerings here were
ght and there was scattered buy
~ on a reiteration of bullish crop
Adication figures or continued APP
rehens:ons of drouth damage in the
buthwest. July sold up to 2!.4a
nd October after easing Off to Z4'oo
dvanced to $500 with the genera
= ruling about 4 to II points net
irher during the early trading. one
the private crop reports lsSueu
,.da the condition 69,1 compared
18th 7O.4 last month, While another
laced the condition at O9:z ana INC
idicated yield at 1O,97O,OOo paleS'
Three more private crop reports
tere issued before midday the con
ition figures ranging from 40 10
b. and the figures on Indicated Elelu
rom 10, 453, 900 to. 10,S00,0OO bales.
THEW failed to stimulate buying
. oveyer, and trading was quiet WIFI
ctive months about IL to Is points
ct lower at midday. At that time
ulv was ruling around 27.12 ana
october 2479.
NEW YORK COTTON -
The following were the ruling prices
b the exchange today:
Tone, steady; middlinS, :S.'1c' quleL1
Open High. Low. Sale. Close. Clos"
In, Alb o4.15 23.74 29 81 IS. So a4.Oo
kb. ...24.OS 81 .07 %. 40 %. s. IS. so 24.OO
hy 30 %. so IS .65 % So ..... 23.SS
hy ...27. 40 81. AZ 27.O2 FPS 27.25 2I.S0
1t. ...24.9S % .O4 "a 81 24.75 24.I5 24.90
&c. 24.44 a4 As 24.W "A IS 40 24.3S
NEW ORLEANS COTTON
NEW ORLEANS, June 29.-Pri-
ate bureau reports, indicating crop
eterioration, caused an advance OF
hree to five points in the price OF
btton around the opening of the
iarket today, in the face of rather
Dor cables. The scattered rains in
exas and better crop accounts from
hat state together with the break
ig of the heat wave in the western
cit. caused moderate selling under
thich prices were 3 to 1 points under
he close OF yesterday by the end of
be first hour of business, July
raded as high as 27.77 cents a pound
nd as low as 27.62; October as high
24.36 and as low as 24.18. Private
from
81 to 20 per cent of normal.
A private condition report of 67.5
err cent of normal, the lowest yet
sued, Indicating yield of 10,800,-
DO bales, had no effect on values,
ayy-. under rather better weather
nd cxop news from the interior.
the trading up to II o'clock
rices were sent 10 to "a points
nder the final quotations of yester-
ny to 2740 for July and 24O6 for
ctober.
Weakness in the stock market
fused scattered long liquidation and
rther small Says, the active months |
landing at net losses of 90 to 38
oints toward 1890 o'clock July
taded down to 27.36, and October
1888.
NEW ORLEANS COTTON
The following we're Ine ruling prices ia
= exchange today:
Tone, steady; middling, 2S.75c, steady.
Last Prev.
Open. High. Low. Sale. Close. Close
IN. ...23 so % IA % 80 % 80 % 80 % 81
Ga. ...23.7 10 % As IS 81 % 81 % .65
Ry 80. ..... ..... ..... IS 50 23 .46
lily ...27.75 27.77 81 Sc 81 40 81. AZ o7.74
IT. ...24.35 "a % IS 24.10 81 .Os "a. 80
&c. ...23 SIS 23 .96 %. co o3.74 %. "A 23. 90
SPOT COTTON MARKET