Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-12-23
LIVE STOCK BY WIRE

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CHICAGO. Dec. 22.-Cattle: Receipts
5000; beef steers 25c to zoe higher; early
top, $13.75; bulk, $9.Oo@1o.5o: fat she
stock Zoe to, SOC higher; bulk, $5.00@l7. so;
Gamers 25c higher; bulk, $3.O0@l3. 25 bulls
steady; desirable boiognas around SOL
calves strong to higher: city butcher top
SLIGO; packer top $1,000; stockers and
feeders steady to zoe higher.
Hogs--Receipts 81. coo; mostly Zoe to 15c
higher than yesterdays average; top. $9.65,
for 1oO-pound averages; bulk, SO 200I9 80 ]:
pigs mostly &c higher; bulk 90 to N130-pound
pigs, $9656l9.75.
Sheep-Receipts 5000; fat lambs and
yearlngs mostly 25c higher; spots SOC high
er; top, $11.50; yearlings, $500; sheep
strong to &c higher; coarse wethers, S. 25;
no feeder sales early.
EAST ST. LOUIS, Dec. 22.-Cattle:, Re-
ceipts $500; steers strong to 25c higher;
to 2oc higher: cows steady to 1oc higher;
Gamers strong: bulk. S3.00M3.25: stockers
and feeders strong, only few here veal
calves top. $1,000; bulk. s9:5o@1o;oo
Hogs-Recefpts 10, 600: active and 15c to
Csc higher than yesterdays average: top,
$3.50 OF 1S0-pound average; top strong
weights, $3.50; pigs up to SOLE; bulk of
lights and medium weights, $9.50@9.75;
bulk of heavies, $9.3519 60; packers sows
steady: pigs Csc to SOC higher; quality most
~ good.
Sheep-Receipts 800. no early market;
very little good quality; indica tions steady
one double deck of medium yearlings at
$3.50. the only sale.
LOUISVILLE, KY, Dec. 22.-CattleoRe-
ceipts, 200, slow; heavy teers, 50. 0O09.oO;
500; cows 81. 1917 90; feeders $1,000
S.25; stockers, So. 50@7.00
Hogs-Receipts, 1920, mostly Csc higher;
90 pounds, up, So. 80; 80 pounds down, IS. %;
throwouts, $3.50 down.
Sheep-Receipts so, steady; lambs, SO. co.;
sheep, So. 90 down.
SHEPARD & GLUCK COTTON LETTER,
NEW ORLEANS, La, Dec. 22.-Wide
| breaks were made by cotton today as the
result of a crop of rumors OF all sorts OF
things that had happened or were about to
| happen, the effect of which was intensified
by the failures in the stock market and
in the interior of the belt and by reports
of another coal strike Threatened in Eng.
land. Early declines carried the price Off
to 16 points. after which the market re-
acted on realizing by shorts but when it was
three to eight points over yesterdays close
| it commenced to sag again. Heavy liqul-
alton of long contracts and a large volume
Of short offerings came on the market ana
| in the early afternoon prices were % to "
points under the close of yesterday with
| January down to 1919 and July down to
1855, all months making new low levels Tor
the season.
| The markets of the country are now in
| the period Of liquidation which was lnev1ta-
Bile around the end of the year. Such periods
always have their unpleasant features but,
| so far as we can see. there Is pothlng 10
become alarmed about. Cotton IS being
forced lower than it should go and Is be-
low its legitimate value, but that does
not alter the fact that further liquidation
| of the present situation is likely to carry
i it still lower. At least, we can see small
chance for better price under existing con-
ditions. 49,.
COTTON MARKET OPINIONS
s. NJ Weld Co.: While not looking for
! any immediate advance of Importance the
| degree of resistance offered on all setbacks
| is impressive and we continue to believe
l that purchases on setbacks such as we mao
| today are advisable.
| J.. W. Jay Co.: The tone last night
| wasi unsettled with indications of another
| downward trend because of poor trade and
/ financial situa ton.
| Hubbard Bros. Co.: We are expecting
| severe breaks in our market but feel that
| prices warrant purchases ra ther than sales
| Moyse Holmes: Cotton today was in
| elined to rally but stilllean to tn ebull side
| on such breaks as we have encountered to-
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