Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-12-02
Weekly Weather and
Cotton Crop Report

and cotton crop report says:
Moderate temperatures and mostly light
precipitation in Arkansas and Oklahoma
were favorable for gathering cotton still
in the fields in those states. Picking
progressed slowly in Oklahoma. however,
and quality of staple remaining unpicked
steadily deteriorating account of ex-
posure to weather. Considerable low grade
cotton is being abandoned in Texas: fair
progress was made in harvesting in Tennes-
see and the Carolinas; picking has been
practically completed in all portions of
the east gulf states. Considerable cotton
remains in the fields in northeastern por
ton of the belt.
SHEPARD GLUCK COTTON LETTER
NEW ORLEANS, Dec. 1.-While more or
less difficulty was found in sustaining ad-
vances the trend of the cotton market to-
day was toward higher levels, mainly as
the result of the better tone in the spot
department and the large export movement,
the grand total of foreign shipments for the
day being 10S,945 bales against II 1856 this
day last year, bringing the movement thus
far this week up to 224,S17 bales against
105, 362 during the same period last year.
In the spot markets of the interior more
firmness on the part of holders was noted
and something of an improvement in the
demand. Points in the eastern belt told
of sales of low grades to Carolina mills.
the general expectations of bearish gin
uing reports although some of the selling
of the day WAS done on the slump in the
stock market. The opening was higher in
sympathy with better Liverpool than due
and the advance continued until it amount
ed to 81 to 70 points. The reaction pared
the gains down to 5 to % points but late
in the session the market was only about
80 points down from the highest.
The situation no longer is one-sided. There
may be more confidence on the short side
but the bullish traders will have an immense
advantage if improvement in the spot mar
kets continue and exports remain at any
thing like their present scale.
LIVE STOCK BY WIRE
EAST ST; LOUIS, III, Dec. l;mcattle:
mon month"; no early sales I she stuff and Gamers,
steady; bulk heifers, S5.50@6.70; bulk cows,
$500 $50: bulls slow; few yealers to city
butchers at $14.o0; practical top, 1925;
bulk, $1,000: stockers. steady.
Hogs--Receipts. 1,2oO fairly active:
steady to 1oc higher than yesterdays aver
age: hest butchers opened strong to higher 1n
i5c under early; light lights and pigs,
strong: in demand: 25c to 35c higher; bulk
CT sales, S10.506l1O.7o; packer sows, steady.
IN both sheep and lambs; top lambs s11.75
bulk, $11.00M11.75; ewes, top, $4.T5; bulk,
$4.25M4.50; practically all run fed native
lambs.
CHIC AGO, Dec 1.--United States Bureau
of Markets. Cattle: Receipts, 1000: beef
steers opening very slow, tending still low
CT: bulk medium and good natives around
mostly $s5o@1250: strictly choice 1850.
pound steers late Yesterday, $40. 60; western
receipts. $500; slow; bulk, $7.0o@S. 20; !
rows more active and stronger: bnlk' S5:o'
G. on; Gamers, mostly S3.65M3.So: bulls,
steady; few choice veal calves: steady at
$500; bulk low at S12.00@12.50; heavy
calves, dull: stockers. steady.
Hocs--RReceipts, q 900; opening slow at
to 10tfpr fairly active and
about steady with yesterdays average; toy
$10.5o; bulk. steady with Yesterdays aver
10c to i5c lower bulk so to 13o-pound pigs,
$40. C00l1O.25.
heep-Receots, 10000: fat sheep and
IaS 3S higher o g1SiSe matt native fo+ la eWes
S4.23N 500: feeders. steady.
LOUISVILLE. KY, Dec. 1.-Cattle: Re
ceipts 800. steady Heavy steers, S9;Oo@
1870: beef steers. s60060s.75; heifers: $500
Hogs-Recepts 2400 steady: 100 pounds
up, $1,000: pigs. ss.50G10.0o; throwouts,
SIS. 20 down.
sheep-Receipts 80, active. Lambs. SO;
sheep, s3.00 down.
NEWS BUREAU ON STOCKS
NEW YORK. Dec lit was said after
the close yesterday that the heaviest sell
ing of Chile was liquidation of a large .ac-
count and reported the necessities of an
individual operator. This liquida ton and the
announcement of taking over of holdings of
Jnvincible Oil is in line with a completion of
the record of the result of disaster sus-
tanned in the recent declining market.
Money market yesterday also induced sell
ing banks had been required to meet
large payments to the government. Market
opinion divided after the close with
some looking for a rally while others
thought the wave of liquidation had not
to the manner in which stocks like Steel
common, Reading and others acted Mex
lean Petroleum again spoken OF as being
under accumulation by strong interests
Foreign exchange market was steady yes
terday with only slight change in the vari-
Gus important ra'ts. Announcement made
by Invncibie Oil holdings of S. NJ. Schatzkin
have been taken over by J. s. Bache and
for ten months ended October 81 last were
approximately $665O'000. After today's
meeting of directors of the General Motors
cooperation it was officially stated that
while w. c. Durant has resigned as presi-
dent he will remain on the board as a
director 1t wns. Impossible to ascertain
whether r. s. Dupont will hold both the
Craftsmanship of the hoard and the presi-
dency of the corporation.
NEW YORK PRODUCE MARKET
NEW YORK, Dec. Flour. quiet and
Gays.
Pork, steady; mess, S3O.00@31. 90.
Lard weak middle west spot, $17.75@
1900
sugar, raw, quiet. ceulFlluSul, oO-lSs1
5.76; refined, quiet: graduated, 100000:
Santos, 1913 @1oac.
Tallow, weak specials KS KS; O. city, ehee'
81: Asa 1856: clover, s1.15@1.75. 49,
chickens, 27a44e: fowls. 25G4oc: ducks,
25m40c.
Live poultry, steady; geese, 2s@3sc;
ducks 26@3Sc: fowls. 20@2Sc; turkeys,
45c; ROSTERS, 20c; chickens 22Q25c; broil-
ers, 306l3Sc.
Cheese, dull; state milk commonu to spe
Gals. 20G zoe: skins, common to specials.
10m20c.
Butter steady; receipts. 6314; creamery
extra. SIC: do special market, 5714c@5sc;
state dairy. tubs; imitation creamery, frsts.
BAG 54c; nominal; Argentine, $40 3sa5oc
white fancy, $1.os; nearby mixed fancy,
G7M03c; fresh firsts, 76@sSc: Pacific Coast
extras. 70c@S1.08.
CHICAGO PRODUCE MARKET
CHICAGO. Dec. 1.-Butter: Creamery ex-
tras, 52c; creamery standards, -441ac; firsts,
41G4oc; seconds, 3s@3ac.
Eggs-Ordinaries 61@65c; firsts, 72M7 Use.
Cheese-Twins, 24c; yotmy Americas.
Live Poultry-Fcwls, 15@23hc ducks,
&c; geese, &c; springs, Csc: turkeys, 35c;
Potatoes-4s cars: Wisconsin and Mime
sofa (per 100 1bs.). 81 40@1.60.
METAL MARKET
NEW YORK, Dec. topper nominal.
Elcctrolytic. spot and nearby, 1871 Oh; first
quarter, 1871 @14A. Tin steadey; spot and
nearby. 1850; futures, 34,75; iron I'M
changed. Anthony, 5.75M5S7k Lead
weak spot 5.00M5.50; zinc, steady; East
ST. Louis delivery, spot, 5.e5@575.
NEW YORK COFFEE MARKET
Open. Close.
Januer~ .,. 8.92M6 .04
FEBRUARY $500. ...... 7.O6M7 .0S
March 72V 7.20M7 30
nnri1 .... 7.39MT 40
Nav T.55 7.5907 60
Jnne .. 1851. IT
InIv $500 90 bid 1921 81
Angus+ ..... S.02MS.04
contembnr SO S.12MS.14
notohar g. 10 bid S.22MS24
.royemnor ~ $40 bid ..........
1,"oon'tor 40 bid 6.T5m8. 50
NEW YORK. Dec. 1-Spot coffe, 7c.
NEW YORK SUGAR MARKET