Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1888-07-20
MARKETS.
V1ND1cAToR OFFICE,

N1NDlCATOh OFF1CE,
STAUNToN. Va, July 18th.
The few samples of new wheat offered here
have been of good quality and good condition.
Complaint is made in Richmond and Balti-
more that much of the early shipments have
been damp, and we notice sales in the latter
ruinous to farmers to sell at such prices, and
yet they are alone to blame for putting grain
on the market out of condition. Damp wheat
will dry out in the straw with but little dam
age. Looking to their own interests our
farmers should be very careful to offer for
sale only wheat in good condition. Prices are
likely to be low enough at best.
The market for new Hay has not yet OPEN
ed. The crop is a good one apparently all
over the Union. Reports from the Northern
and Eastern States as from the West are most
encouraging. In the South the fodder crop
bids fair to be immense. Some new hay has
been marketed in the West but it is mostly
hot and worthless.
The season is most favorable in this section
for corn and oats, and we are looking forward
confidently for good crops of both. If there
is no set back the yield of corn will be
phenomenal.
Agricultural Commissioner Thomas White
heads report of the state of the crops in Vir-
ginia, July LIST, says the wheat crop is IN
doubtedly better to the acre than for many
years. The wet Spring in some parts of the
State and excessive dryness in other parts has
damaged the crops of hay and vegetables.
Reports from II corn counties show 95 per
cent. of full area planted, with prospect of
80 per cent. of full crop. Compared with
the year 1887, the prospect in Augusta in
1888, is as follows-corn area planted as 100
to 80-prospect 81 per cent. of full crop;
wheat area planted the same as in 1887
prospect of crop 100 per cent; Oats area plan
ted as 100 to 50-prospect rs; Rye area plan
ted the same-prospect IS. Hay area as 100
TO 60-prospect rs; Potatoes, area planted the
same-product 80.
The good crops of the country have had the
effect of giving stocks sharp advance in
Wall street. The news from the West esti-
mates that there will be 900, 900, 900 bushels
VI SioiA W 81 Cdst NY TALL Lib prOSpect OI
immense freight gave the railroad stocks a
decided boom the end of last week, which has
been sustained. The N. Y. 'Herald" says
that it is to be remarked that the
English people caught on to the American
situation before our own people, and have been
quietly purchasing stocks in the New York
market for some time past
"Bradstreet's" commercial report for the
week ending last Saturday, says:
''Flour closed the week dull, to 1Oc low
er; wheat 2tc. lower, corn &c. lower and dull;
oats 3c. higher and fairly active, and lard
points higher"
r. G. Dun & Co.'s commercial report quotes
to. advance for oats; 1c. decline for wheat,
and 1c. decline for corn. It says stocks in Wall
street have advanced, the more active averag-
ing about So higher than a week ago. This
rise however the report attributes to specula-
ton. 1t says:
Cuisines failures during the last seven
days number for United States. 216; Canada,
"a; total 24O; as compared with 214 last week,
and l7e for the corresponding week of last
year."