Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1918-02-19

Wheat, decrease, s25 900 bushels.
Corn, increased, S9O,O0O bushels.
Oats, increased, los. 600 bushels.
TOTAL VISIBLE SUPPLY
Wheat, II. SIS OOO versus 6S, col 600 last year.
Corn, 6,33s, O0O versus 12,7O9, 900 last year.
Oats, 14OsTOO0 versus S9,0sS, COO. last year..
CHICAGO CASH QUOTATIONS
CHICAGO, Feb. 1S.-Corn, yellow, nomi-
raj; yellow, $1.7Oa1.sO; yellow, $1.6Og
l.75.
oats. white SShQs9A; standard, ss& a
S9%
Rye ?, s223@2.23h
Barley, 81 .6O6192.
Timothy, $5.O0dS.25.
Glover, S22.O0@33.00.
Pork, nominal.
Lard, S26.0I.
Ribs, $24.2OG24.7
ST. LOUIS CASH QUOTATIONS
No. 3 mixed corn, $1.75.
No. mixed corn,. $1.63.
OATS
No. mixed oats. soc.
No. white oats, S912 69Oc
No. white oats S7h@S9c.
Standard oats. SOC.
GRAIN MARKET OPINIONS
BartlettFrazier Co: Corn market has shown
past week in the face of the increased move
ment and simply illustrates the extent of the
demand.
Thomson and McKinnon: We anticipate a
period of liquidation in oats, as there is no
export business being done.
Ware and Leland: If any setback occurs in
Logan and Bryan There is little basis for
pronounced changes in corn futures. We doubt
the wisdom of becoming enthusiastic on the
buying side of oats at these levels.
LamsOn Bros: The corn market lacks specu-
lative feature on account Of restrictions. Bar
ring political developments of an unfavorable
character, higher oats prices may be anuci-
pated.
NEW YORK PRODUCE MARKET
NEW YORK. Feb. 1s.-FlOur quiet and
steady.
porI- firm. macs S2A Ooa26 m
Lard strong; middle west spot, S26.60d2 q 90.
Sugar-Raw dull; centrifugal, 90 test 6.OO5;
refined dull cut loaf, $50: crushed SO; pow
dered, 7.60; granulated. 7.45.
Tallow-Specials, 17Ac; city, 1870.
Hay firm; No. !, $2;oo@21O; No. 8. SLIGO
also; clover, $1.5o@I.s5. 1900
chickens, 24@34c; fowls, 27@S5c; ducks. L. l..
29630c.
turkeys, 35c; ROSTERS, 27935c; chickens, broil-
ems. 36c.
SHEPARD & GLUcKs COTTON LETTER
NEW ORLEANS, Feb. 1S.--Rains in Texas
failed to give the cotton market any selling
power today and during almost the entire SEES
sion prices held steady at a small advance.
Spots were marked up % points and here was
the secret of the strength shown; the trade was
impressed with the bulishness of the spot situa-
ton and by the continued rumors that longs
will demand cotton for their contracts in Marcn,
first notice day, for which is Thursday of this
week.
So far as the Texas rains are concerned, We
have received information by wire which pretty
we'll the entire state and while some
sections have received soaking rains there are
other portions of the state, and in the heaviest
producing area at that, which still need mos
ture. Another thing, it can hardly be expected
that shower or two can put the soil in a nor
NAL winter condition. There is disposition
manifest in some quarters to eXaggerate the
benefits to Texas of the rains the week
end, but we are glad to say that market was
able to stick to the facts in the case.
Momentarily, on the opening prices were 90 )
recovered
the market went to a net rise of 5@14 points,
standing we'll up toward the top late in the
day. Shorts are nervous and inclined to cover
over the triple holidays beginning Friday. We
believe advances imminent and think cotton
should be bought on all declines.
COTTON MARKET OPINIONS
Shepard & Gluck: Political news this morn
ing is not reassuring. We bullish
features except discount Of futures compared
to spots, and rather look for narrow, scalping
markets in the immediate future.
Moyse and Holmes Should no precipitation
occur and the forecast point to continued alb
sence of moisture likely to see a broad
Of values upward.
WIN. Raw & Co: We still advise buying
July cotton on recessions.
John F. CLARK & co.'s COTTON LETTER
NEW ORLEANS, Feb. 1S.-The weathcg de-
velopments over Sunday forecssted. The
cold passed eastward just over the cotton
belt and extreme cold weather expert
enced. Cloudy, rainy weather prevailed ana
rainfall was more general and heavier, partic-
uarly over the southern half of Texas. As
precipitation over the southwest has been more
or less continuous since Friday, drouthy condi-
tions being relieved. Tie map shows rain
still falling at many central and south Texas
points. Indications for cloudy rainy weatb
the entire belt; warmer. with prospects
Of larger rain disturbance coming west
Texas, 10 be followed by cold wave towards
Wednesday.
The market opened little easier the bet
ter weather conditions over Sunday, but rallied
soon on some buying, suggesting the idea that
the market is sufficiently liqudated and short
to get advance. Trading fell back TO
proportions of u narrow trading market.
Consos X lower at san.
Our market and New York VIII be closed FRI
day and Saturday. This makes Thursday, 21sI,
the first notice day on March.