Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1916-01-14

Timothy-s6 ooGsOO
ClOver-S10OOd19o0
Pork-S1s.15u19. 1918
Iard-s1o 42G1062
l. Ribs-S10. 12d10.52
KANSAS CITY CASH QUOTATIONS
(By Associated Press.)
KANSAS CITY, Jan 13.-Cash, wheat un-
changed; No. hard, S1.1591.I9; No. 3, si.O9g
III; No. red. S1.2091.25; No. 3, $1.12d1.22
Corn UNCHANGED to &c up; No. mixed. 71@
10. 3. eSs@70c; No. 2 yellow, 7ihG re; No
oats. unchanged to Iae higher; No. 2 white
45I4513c; No. mixed. 39d 40i5c
B. W. SHOWS CROP REPORT
b. ". Snow wires: Returns from my coun.
try agents show farm reserve of corn on jan
uary J. Of 2 OSO 900. 600 bushels of which onIy
ass. 900 600 bushels Is Of quality which csf
be sold for its ordinary uses. Apparently tbs
amount OF merhcantable corn is now about the
part Of the farm stock, however which i.
classed as merchantable is OF a character thai
agents report will not keep when warm weather
is experienced. Wheat on the farm in bulk ant
regardless Of quality, 334 per cent, or 33S 600,
600 bushels Of which only 2S1, 900. 900 bushels il
merchantable- Their eappears TO be still on the
farm 81. 100000 bushels OF wheat which has No
merhcantable. There appears to. be still th,
mat reported worthless last october
The farm reserve OF merchantable wheat Il
stocks makes total supply Of about 400, 600, O0C
bushels against food and seed requirements OF
295. 900, 900 bushels for the next six months.
leaves
available for export and visible stocks June 80
while last year the exports alone for the same
six months were 154,OO0,0OO. Farm reserve
Of oats measured By bulk is reported at 76S.-
600 600 bushels Of which 653 oO0. 900 bushels q
merchantable. This Is rather more than ordi-
narily so held. the surplus evidently being re-
tanned TO meet the added farm requirements be-
cause Of corn shortage.
JOHN T. CLARK & co.'s COTTON LETTER
INV ORLEANS, Jan. 1S.-rhe weather MAJ
shows temperatures below freezing over Texas
-. I'D NO. haVnU0
coast line Of Texas. TThe remarkable fact Is
that the sudden drop in temperature OF 40 TO q
eept a trace at a few points in Texas, and
the deficiency IN winter rainfall continues IN
diminished.
There were general end rather heavy rains
east % the Mississippi river, wnere temperature
are still high. but subject 70 sudden change
to freezing during the next "A hours. .,,
activity By large spot transactions again today
sales 1900 bales. at points higheE quota tious
Futures were % points higher, but sold of
on strsddle operations in the last hour. These
opera tons appear 20 he holding our markets III
check some way. but there is bulllsh underton'
on Indications Of g broadening spot demand
The claim BY the bear faction that larger spot
sales lately in the interior mean the weaken
ing Of holders. IS hardly the correct interpre
f. most likely hedged cotton In the hands Of
intermediate holders. and such hedged cotton
could BE- sold TrOfitably, on account or thf
drop IN futures, close to SPOT prices. The bulb
OF the unhedged holdings is not offering, bul
retained for higher prices.
The amount OF bedged cotton offering is being
reduced rapidly and the basis Is advancing
SPOT holders said that spots firm
rOck with offerings restricted. Owing 20 strong
er SPOT conditions and prospects, the shiftin-
Of March hedges into later positions continued
Liverpool lost 10 points in the last houi
and New York rejected beariSh disposition. Oui
market receded TO 1888 for March.
The census report on distribution will be pur
Iished tomorrow az a. m our time. II :.
likely 90 be Lullish consumption and mi
stocks. Min takings tomorrow will not be
lsrge as last year but the visible supply VII
sho wa further loss on last year Of perhap.
10000 bales