Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1917-05-25
Gram

i vi Uln
CHICAGO. May 2f.-Bearsh crop reports
acted as a weight today on wheat prices. Open
ing quotations. which ranged from l TO 2c
lower, with July at e.. 20 and september 4,
81 90, were followed by little rally, but then
by a sag, farther than before.
Houses with seaboard connections were the
chief wheat sellers. In the late dealings weak
ness was increased by talk of probable
bumper yield of domestic spring wheat, aud
because Of vague rumors Of naval victory over
the Germans. The close was heavy at Dc to
SIC net decline.
Enlarged .ountry offerings weakened the corr
market Commission houses led in the selling.
After opening q off to 4, up, prices underwent
finish
Later reports Of complete stoppage of
shipping demand from the east led to q sharp
decline in corn. The close WAS weak at losses
Of 4Isc TO 6Sc net.
Oats turned downgrlde owing TO favorable
weather. Holders of the July delivery mani
Tested quite general desire to unload.
Weakness Of the hog market was reflected
by provisions. Special selling pressure on lard
continued.
CHICAGO QUOTATIONS
The following were the ruiIhg prices IN the
exchange today:
Prev.
Open High. Low. Close. Close.
July .. aa5 2.5rs 222 49, -,
Stpl. -uV -V' 10" i'os2 ~
CORN
July :. =. . l57 I57 l5ira I52'a 1861
'e 6Sliirs. - 5 ''''' - . -
July =. -. e. 81 81 62rS 81
Sept. 81. .. o.. 55's 55's 53's 53Ts 5''s
July =. IS 90 IS. o5 37.oa $500 $50
LARD
July 22.2S ~ ~ ~ -. 40 22.3'
RiBs-
July uI5 ~. 90 su.45 2U.52 ~. 81
Sept. . . 20. % 80. 81 @O.OO 2O.I2 20. a.
RECEIPTS IN CHICAGO.
,,, Today
Corn ..-...... ... ........ 6l
ARGENTINE SHIPMENTS
Estimated Argentine shipments-Nh heat
TiO.OO0. against 1.792,OOO last year Corn, POO.
600 against 1, $4,000 last year.
CHICAGO CASH QUOTATIONS
CHICAGO. May 24.-wheat No. = and 40.
red. No = hard nominal; No. hard, 295.
Corn No. = yellow, 13l2M1I4ia; No. yell
low. 1.73l2dL74: No. 4 yellow. ,l.73'e.
Oats No white, G7iam6Sa,: standard, 6S@i
60
Rye nominal.
Barley, 1904 100.
Timothy. 5.IjdSOo
clover. I2.OOm 100.
Pork. 3L95.
Lard, 22.22G 2232.
Ribs, 20. lOd2O.55.
ST. LOUIS CASH QUOTATIONS.
The following were the cash quotations on
grain and the previous close:
WHEAT Close Prev. ClOSs.
No. rcd =. nominal nominal
No . hard 49, -. . nominal nominal
OATS
No. No. :: white -. i Is, a17o IN III
CORN
No. 49,. &C.. 20 IS
No. white &C.. .... nominal nominal
JOHN F. CLARK & coMPANY's COTTON
NEW ORLEANS. May 24.--LiyerpOol is easier
on futures, closing TO 10 down. but spot quota
tiOns are II points higher; sales 10000 bales;
Cables report selling on better weather and
crop reports London gives the weekly toll Of
thirty ships lost and says that confidence in the
mystery of the submarine in increasing
In general politics. the leading features this
morning the absence of discussion of the
Russian situation and the following report from
Washington: Emphatic disapproyai OF me
peace propaganda of European socialists was
expressed today by the American COVE. nment.
which denied asspOTtS 10 American delegates
to the stockholm conference. and issued warn
tiations would he liable To heavy punishment.
No formal announcement Of purpose was issued.
Weather conditions improved vernight. The
map shows generally fair in the Aiantics'
partly cloudy in the crnIrai states, generally
cloudy vest some showers Arkansas, Tennes-
and tehAtlantic coast. No cold weather,
temperature 10 to - degrees higher over the
northwestern quarter of the belt. lndica tions
are for increasing cloudiness in the western hSlfI
Of the cotton belt: possibly scattered showers;
generally fair Atlantcs, warmer.
our market opened irregular, May Is to sol
points down tender OF about l.2OO bales,
this being the last tender day for this month.
july opened about 20 down, aud October Is
down. hut market recovered promptly.
The Journal Of Commerce reports strength
ened eXpecta tons of a bureau condition
and lw private cOndtin frecasts will be a fac
tr in the trading in the coming week.
Comparison of mill takings tomorrow are liable
to bp a standoff. Export and stock statistics
prmise unfavrable both interior and port
stocks gaining steadily last year.
Spots quiet long futures ovn.
hut dema nd develops media tely any bulge
in teh contrast market. spot demand is largely
based upon the high futures
SUGAR MARKET
NEW YORK. May Raw sugar nominal
centrifugal, 80; molasses. los: sales. OOn
bags June Shipment. Refined sugar steady:
fine granua d. 7.J0d s. 80.
Futures opened stcadior covering and buy
ing ny trade interests. Reports that the GOV
eminent '~OsiderinG the Communicating of
coa>twise E"ssclS seemed 10 he responsible for
n points higher.
Closed steady and 4as points higher Sales
$500 TONS.