Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1924-07-19
GRAIN

Wheat, corn, oats, and some deliy.
| cries of provisions sold at the high.
est PRICES of the year today. Every
! body on the floor of the board was
tnoculated with the bull fever and
markets are typical of war time.
The opening in wheat was tame in
view. of the sharp advance IN Liver
pool Commission houses had wheat
to buy, but after Il moderate adj
vance there was selling by houses
with northwestern connections and
this took the edge off the market.
On the dip good buying developed
again because of the strength in
winnipeg and the market was quick
to respond. The advance in the
Canadian terminal was unexpected
IN view of the reports of general
rains over a good portion of the
western provinces.
Cromwell wired in a report from
Saskatoon that all crops seen in the
last three days present a possibility
OF almost a complete failure. This
report stimulated fresh buying and
prices had a further rise. On the
bulge the market encountered heavy
The technical position appears weak.
er and many of the commission
houses are advising taking of
profits.
Minneapolis mills reported good
flour sales overnight and local re-
celVers told of improved buying of
cash wheat by local mills. The I'M
settled markets tend to disturb the
export trade. Country OFFERINGS of
new wheat to arrive are disappoint
ing in view of the recent sharp adj
vance in prices.
Heavy buying by houses with
northwest connections featured the
late trading in wheat. Closing
prices were the highest of the dav,
and the year, and showed gains of
, Is to 4 IL cents. July, $1.301-2;
September, $1.29 to $1.291-4; Deem
Der, 1872 to $1.32 IS; May, $1.36 ~.
In corn the feature was the buy
ing of December Shorts bid up
prices of the old crop months and
found little for sale except on the
extreme advance. Cash corn al
$ll6 IL, new high for the year.
was one of the factors. in the
strength. Crop news is better bute
the trade feels that new crop corn
is worth more money and they are
gaming many recruits on this the
DRY. Shorts are becoming uneasy
and showing desires to cover. Real
ling sales were heavy on all the
upturnS.
Corn also closed strong, short COW
erllg in the deferred futures being
feature. Closing prices were IT'S
TO IL cents higher July, SLIP "a:
September, $1.07 to $1.06 ga; Deem
ber 81 1-4c to 94c; May, 95 3-4c.
oats followed the trend of other
grains. There was pressure to sell
at the start from cash houses, but
active local traders supported the
market and turned prices upward.
Country offerings to arrive were
larger
oats were SIS to 3-S cents higher.
July, Of 5-Sc; September, As 3-4c to
4S 1-Sc; December, SO 3-4c; May, sac.
Lard closed 50 to As cents higher;
RIBS 20 to 80 cents higher and bel
lies, II IL to 81 IL cents higher.
Provisions were higher under a
broadened investment demand.
Strength in hogs was a factor.
Local cash sales Today were 600
bushels of Wheat. 80, 900 bushels of
corn, $4,000 bushels of oats, and 5000
bushels of barley. The seaboard re-
ported 100000 bushels of wheat taken
for export.
CHICAGO QUOTATIONS.
The following were the ruling prices in the
exchange today:
Prev.
Open High. Low, Close. Close.
July ..1,26M 1.3Ol5 1 .26h 1 8o15 &c
Sept. ...1.27 1.29A 1.25M /. 2914 1867
Dec. ...1.29H 1.32 1.2S1a 1878 l 1912
May ...1.3412 1.3Gh .33A .361a l 33H
CORN
July ...1.1214 lib LIE .2GM 1 .1oH
Sept. ...1.0G 1407A LOLA 1. o63l 1 OAK
Dec - 80 944 s9Fs "a s97s
May 91A 932s 80. 9sM 91A
July e. 5eh 5sz 5sh 5cn So.
Sept. 1885 49A 475s 4S% 4s1x
Dec: =. 90 51B 4912 50M 50
RYE
July e" S67s sG7s Sc 81 ST.
Sept SG14 SIS S61S S77s So
Dec. 914 911s 90 91M s9%
Suly -. 80. 49,. 12.45 1900
Sept 80 12.37 10. go 12.37 12.57 - %
Oct, -. l2.75 s. 1916 12.7o IL. 50
SIDES
July ..... 10. 60 1880 1890 10 a.
Sept 1885 1915 1885 10. ~
oca' -. $50. $50. $50. 1922 1915
BELLIES
July $50. 500. .... 11.5O II M
Sept. -. 11.7o M ITO liz i - 80
Oct -. 11.95 49,. $50. 1900 n.G2
RECEIPTS IN CHICAGO
W neat Observation-Disclosures. AZ cars
o.. ''''''''''. '.....,......... % cars
~, '''''''''. .''.,.....,...... A. ears
'''''''''''. ..............,23,0 900 head
cr,C CHICAGO IIC CASH QUOTATIONS
&, c5ai'oAGo' July 17.-Wheat, No. red,
H,@9A; No. hard $l.3714 al .391t
Corn, No. mixed. $1.13i56II,I4Is. NJ
yellow, $1.1jG1.15it. - No.
oats, No. , white, 601&@6l15c; No.
white, 5S12 @6OHc. w.
Rye, No. > S7%c.
Barley, 76@SSc.
Timothy seed. $6.756S25.
Glover seed. $12OO62O.50 so.
Lard, $l2.45.
Ribs, $10.62.
Bellies, $11.50.
DULUTH QUOTATIONS
go DULUTH, Mimi. July 1I.-Flax: July,
SGT; September. $2.45; October $40.
Liberty Bonds
NE WYoRk, July 17.-Governmcnt bonds
closing:
Liberty SIS ........ 49,. ........ 101.12
First As bid ...... ...... .......... 1Oi. %
Second IS pld 49,. ...,.......... 10l.6
sIrst As ''''.' -. ....,. 1900, 10t.30
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