Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1918-06-18

VISIBLE SUPPLY
whcrt-Dccrease, $4,000 bushels.
COrE-DecrcaSe, l2S,CU0 bushels.
Uats-Dccrease, LIS, coo bushels.
TOTAL VISIBLE
Total visible-wheat, 1000 VS.. 2o142,0Oo
last year.
Oats-1S,54soOO vs.. 1875, 600 last year
PRIMARY MOVEMENT
Receipts--wheat, 10000 VS.. 100000 last
year; corn, 1.O99.OOO vs.. 100000 last year;
| oats, 500, 900 vs.. 96S,O00 last year.
siipmcnts-w heat heat, 1000 VS.; 49l 600 last
/ SD OGU y. $4,000 last year.
CHICAGO CASH QUOTATIONS
CHICAGO, June 17.-Corn. No. = yellow.
81. 7O@1.71; No. 3 yellow, $1.62a1.67; No.
yellow, 81 .5O61.55
Oats, No white 77@7s14c; standarw. 77&
Rye, No. ., si.s6G1.9s.
Barley 81 GOA IS.
Timothy. So .OOGs.OO.
Glover, nominal
Pork, nominal
Lard, S24. 50.
Robs, S23 .37q2S.S 81.
CHICAGO PRODUCE BARKET
CHICAGO, June 17.-Butter, creamery extras,
axe creamery, firsts, 42d43c; firsts, 39d4cc;
seconds, 36G3Sc.
Egss, ordinaries. 2S631c; firsts. 31G32%e.
Cheese, twins, 21&c; Young Americas, 22&
62314c.
Live poultry fowls &c; ducks. 26c; geese,
lie; springs 35c; turkeys, 42c.
Potatoes cars, sc; Wisconsin and Minneso-
tas, 81 .4OG1 60; new. 81. 75G2-90.
SHEPARD & GLUCK'S COTTON LETTER
NEW ORLEANS. June 17.-Rather narrow
4 fluctuations marked the trading in cotton last
week. the market making no very ready re-
I sponses to bearsh influences, even though there
was considerable bearish sentiment on dis
/ play. The continued firmness of spots as a
/ source of strength which had to be reckoned
with all the time, spots stand GO points over
/ last weeks close on middlng while the dis
I 49,,
crop news has been uniformly favorable
| throughout the week. that opinions have
| come TO be that the percentage of condition is
considerably higher than it was on May %.
While the evidence forces this concession, we
hardly think il probable that favorable weather
can continue indefinitely and because condi-
| tiOns have been favorable any change
/ only be to the detriment ot<the crop. The sea
son is yet very young and if the experiences Of
! past seasons are anything to go by II VIII not
/ be many weeks older before crop scareS will de-
, velOp and they will be all the effective in
their results on the urice because of the pres
sued Saturday, puts the condition at So.
; and the other at Sc Probably the ma jority of
people in the trade think the latter figure the
more correct. On May D. the government said
! the condition was S2.3.
| We have carefully reviewed reports from all
sections of the belt and have arrived at the
conclusion that while conditions could hardly
be better over 80 per cent of the belt. there
are disturbing possibilities in the widespread
| appearances of the weeVil, at Obnormally
early da te in Texas, a state which has no sub
soil moisture because of the absence of rains
/ last winter. In addition TO the dry weather,
| temperatures have ranged very high in Texas
I Of late and there have been complaints of hot
winds. Here are the foundations for disaster
| and they should be watched. In the eastern and
central belt, rains would produce great weevil
damage and would also be very detrimental be-
cause of the labor situation; in the west rains
are imperative if the crop is TO continue doing
well. On Thursday eighteen Texas weather
stations out of forty reporting. returned maxi
mum temperatures ranging from 100 to 104 de-
grees.
| We do not believe the market be de-
pressed permanently as long spots retain their
/ firmness. Declines further good weather
probably will be temporary and quick buying
movement would result in any change to unfa-
vOrable conditions.