Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1888-08-03
MARKETS.
VINDIoAToR OFFICE,

r. G. Dun & Co.'s weekly report of July
%, says the business of the country is improv-
ing with the good prospects of the crops and
the diminishing of the labor troubles. 1t says:
'Once more the country closes crop year
with surplus of over 100000 bushels of
wheat on hand unsold, and the latest reports
indicate that the supply for export during the
coming year will exceed Lac, 000,0 900 bushels,
exports for the past year having been less than
1920, 000, 900 bushels. Speculative markets are
not active, and wheat has changed but little.
Crop prospects have caused corn to decline /
cents, and oats &C., but lard, pork and live
hogs are stronger. Oil is II cents weaker,
and cotton and coffee unchanged"
s'Bradstreet's" for last week says general
| trade shows some very encouraging features
| and wheat closed II C. and -four 5a10 C. higher
than last week. Owing to the limited supply
of hogs in the West, the price paid for them
in Kansas City has been the highest paid in
five years. Coffee is quoted lower, and su-
gars 1c. lower. Cotton goods are strong ex-
cept for some description of bleached goods
| which are lower, and for prints, which are
down to $50. Ginghams are in quite active
| demand, and the mills have supply of un-
| completed orders.
The July report of Virginia crops, just pro-
| mulgated by the Commissioner of Agriculture,
contains the following:
J In Virginia-The month of June has been
exceedingly dry and warm, consequently the
growth of corn has been retarded. The stand
is good; the crop has been well cultivated
and recent rains have improved its condition.
Wheat has been harvested; reports indicate
good crop. There is some complaint lin the
western portion of the State of injury by frost
in May. Oats are inferior, caused by excess
sive cold and wet in early spring and dry
weather in June; some fields have been plowed
up and planted in other crops. Tobacco is
fairly good planting was retarded in June by
dry weather. until recent rains the stand was
not good, consequently much of it will be
late; early planting looks we'll, and an aver
age crop will be made The hay crop is near
ly all saved it is not up to on average crop
Pastures were injured by dry weather, but
recent rains have improved them. The apple
crop in some sections is reported good, in
others inferior, and still in others total fail
| ure, making about half crop for the State.
| The same statement applies to peaches.
| The business failures throughout the coun-
| try during the week, number for the United
J States 1879, for Canada 20, a total of 221, as
compared with 228 last week and $40 the week
previous to the last. For the corresponding
week of last year the failures numbered 1852 in
| the United States and % in Canada-total 1874.
The Baltimore Sun" of Tuesday speaking
of the large receipts OF Southern wheat and
large shipments of it abroad says: The wheat
market was strong and active on the Balti-
more Corn and Flour Exchange Yesterday, and
the receipts of Southern were the largest OF
the season, 113, ESQ bushels. The advance in
August delivery wheat was cents. or from
| 98 to 80 cents, and there was good deal OF
| buying for August and September delivery in
anticipation of receipts of the new crop. Char
tiers for carrying wheat are freely made, show
ing an inquiry from Europe, and wheat ii
going forward as freely as it comes in. South
ern wheat is taken right along, and the only
limit is occasioned by the comparatively ligh
receipts. The advance of yesterday began il
Southern, and shippers bought freely. Tn
charter of schooner for 10000 bushels o
wheat for New York is an unusual occurrence
The full advance in Southern was not realize
because the stock was sold early in the day
The Baltimore Daily Produce Report says
"Our market is on an export basis. and wit
steamship tonnage chartered the past ten day
aggregating million and half bushels TO
loading inside next six weeks: legitimate busi
ness promises we'll here, and spectators ar
looking hopeful"