Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1888-08-31
NJ IL Id ETS.
VINDIcAToR OFFICE,
STAUNTON. VA, August 30th.

DIAUNION. VA, august oUtu
Wheat has fuctuated frequently during the
week, but closes steady at about the same
figures as last week. After the rapid advance
it was natural that reaction should follow
and this has occurred, but subsequently the
lost ground was recovered, and the market is
now firm with good demand from millers
and shippers. We notice at Fishersville car
loading with choice milling wheat raised on
the farm of Col. D, S. Bell, and two at Green
vile loading with wheat raised by J. r. La
rev, Esq.
Corn is weaker A large crop is now as
sured. The impression seems to prevail
among dealers that lower prices will rule
later on.
Oats are without quotable change. No
special pressure either to sell or to buy.
Hay is steady at the decline in. price noted
last week. DR.. W. D. Hanger has just ship
ped from Fishersville his crop of choice timo-
thy, and Mr.. W. A. Freed at the same depot,
The weekley review of trade of r. G. Dun
& Co., for the week ending last Saturday says
better feeling grows in every direction and
the present state of business is clearly en-.
couraging, with larger volume than yea,
ago and growing in confidence. The review
says:
Extensive crop reports within the past weel
strengthen the belief that the corn crop will
be large, the oat crop large, the yield Of
wheat not below recent estimates, and the
yield of cotton better than the trade has ex-
pected. Injury to corn proves really serious
in some quarters particularly in Southern
! Kansas, but over the greater part of the corn
growing area the promise is remarkably good
and the chances of serious injury by fros
lessen with every week that passes without
harm. Oats have been seriously damaged
also in some quarters, and yet the aggregate
yield is likely to prove the largest on record.
From nearly all points reporting, the i'm
proved outlook for farm products is noticed as
a reason for revival in trade. The specula-
tive markets have been variable, wheat rising
Ct cents, with sales of $4,000, 900 bushels
here, while oats have declined cents and
corn has advanced nearly II cents, with sales
of c, 200, 600 bushels"
A cablegram from London Eng, last Fri
day, says: ''This will be one of the worst
wheat and corn years that Europe has known
in long while. Continued rain and cold
weather have cut crops down almost every
where, save in Russia. The country millers
are exceedingly nervous about the near future.
There will undoubtedly be an inferior wheat
and barley crop this year. The common es-
innate now is that the British crop will fall %
per cent. below the excellent yield of last
year. The deficiency in western Europe is
almost as marked. France now expects to
harvest about IS, 900, 900 hectolitres, against
ITO, 600 900 last year. Italy has wheat defc-
it of 20 per cent on last year. In Germany
the crops are all very backward. Rye, it is
feared, will be 80 Per cent. below the average.
Roumania reports the wheat crop 80 per cent.
under that of last year. Russia is said to
have the best yield for the past three years.
India's yield is about the average for the past
six years"
A telegram from Minneapolis, Monday, says
that Samuel Vinton, a grain dealer, has Just
returned from trip through North Dakota,
where he found thousands of acres of uncut
wheat, large proportion of which will never
be cut on account of the damage by frost. Ac-
his crop of prime mixed. At Fort Defiance
cars are being loaded by Rev. J. M. Cline,
and S.. H. Parkins, Esq.
cordlng to the estimates of farmers and deal
ers the yield will be largely reduced, much
more largely than at first supposed.
In the Eastern markets wheat is steadily
rising. In Alexandria it is about 25 cents
above the prices of last year and is higher