Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1889-05-31
MAR KETS.
VINDICATOR OFFICE,
STAUNTON. VA Nav so.

Wheat is still coming down. AS harvest ap-
proaches two things are every day becoming
more and more evident one is that without
some unexpected disaster there will be very
large crop of wheat, and the other is, prices
for it will be correspondingly low. The week
under review has shown very decided shrink
age in values in all the principal markets of
the country, and it is thought that the worst is
not vet. We see it predicted that the new crop
will start at about 60 cents in the West which
will mean say 70 cents at Staunton, for Long
berry ..All accounts agree that harvest will be
earlier than usual this year. perhaps by the
goth of June, in the Valley. In addition to
the promise of large crop to be gathered,
there is considerably more old wheat in the
country than is usual at this time of year
Hay is also lower. There is but small de-
mand for anything except choice timothy The
prospect for new hay in this section is very
flattering.
The Statistician of the National Agricultu-
raj Department publishes the figures of the
wheat deficiencies of each European nation
for ten years. The result is rather startling.
As to wheat he says that Europe is practical
ly the only market that America can have for
this cereal and she imports only 100000
bushels year, raising 1900, 900, 900 bushels
herself of the worlds crop and twice that of
all America. Of the European deficiency the
United States supplies $4,000, 900 bushels. In
oats and barley there is very small interna-
tional trade, Europe importing only
Is, 600 900 bushels Of oats and the United States
exporting 100000 bushels. Of barley this
country imports 800, 900 bushels. Rye is the
great bread grain of Europe, and Central Eu-
rope and Russia alone produce more than does
the United States. Europe imports not less
than !, $780, 900 bushels and the United States
exports less than 100000 bushels. The re-
ceipts of the European countries requiring
maize do not make sum half as large as the
product of Illinois OF of Iowa OF Missouri.
Great Britain takes nearly three-fourths OF
the total g., 900 900 bushels, and the country
exports 6S, 900, 900 bushels. The deficiency OF
France could be supplied by Mclean county,
Ill, and Germany requires still less. Russia
and Roumania have surplus, and Southern
Europe grows enough for home consumption.
The Daily Produce Report of the Baltimore
Corn and Flour Exchange, of May 22d contains
reports of the growing crops from the counties
in the Valley of Virginia as far South as
Augusta All agree that the coming crop, if
nothing unlucky intervenes, will be the larg-
est for many years past-some correspondents
say for twenty years. All agree, too, that the
harvest this year will, if nothing happens,
begin as early as June 18th to 1Sth-say
week OF ten days earlier than usual.
The Philadelphia Record of Saturday in its
review of the grain markets of the country for
the week, says: ''The Wheat market was de-
pressed early in the week by free speculative
selling in anticipation of a big crop yield, but
there has since been a partial recovery in
values under the stimulus of unconfirmed re-
ports of frost damage in some parts of the
wheat belt, and owing to some purchases for
export to France and Portugal. The buying
for Lisbon is said to have been fastened by
an anticipated advance in Portuguese import
duties. Chicago prices for wheat are up to
last week s basis while the Eastern markets
are q to cent lower than they were a week
ago. In spite of the adverse reports circula-
ted for effect on the markets, the actual con-
dition of the growing crop, according to relia-
bic authorities, is even more encouraging than
it was last week, owing to the beneficial
4
of cent lower, as result of larger receipts
at Western centres; but an active consumptive
demand and fair exports are more than alb
sorbing receipts so that the visible supply
has declined nearly 100000 bushels since
last week. The price of pork has advanced
2715 cents per barrel, while other speculative
products at Chicago have slightly declined.
Exports of provisions have been fairly liber-
al, while the home trade distribution has been
quite moderate.
GRAIN MARKETS.
RICHMOND, May 29.-Wheat-Sales of 1900
bushels Longberry on private term; sales of "a
bushels good Shortberry at SOC. Corn 46c.
BALTIMORE, May 29.-Wheat-Southern active
and steady; Fultz S3a90c; Longberry IS a90c; No.
2 Western Winter red spot. S2aS2l4c Corn, 40a i3c.
New YORK, May 29.-Wheat dull and lower
No red Sic in store; for May SIS; for June S15,
and fos July S214c. Corn active and 19a34c lower.
CHICAGO May 29.-Wheat-June delivery IS,
July 761l, and August INC. Corn for j Tune deliv-
cry 3SS554c.
LIVE STOCK MARKETS.
BALTIMORE CATTLE MARKET, May 23.-Prices
of Beef Cattle this week ranged as follows:
ACKNOWLEDGEMENTS 1917 $3.50
Generally rated first quality-.... 400 a 4.25
Medium or good fair quality. $50 1917
Ordinary thin Steers, Oxen and
Cows.......................... 200 q 325
Total receipts this week 81. Total sales $50.
The market for Beeves is a little stronger, with
values shade higher. The quality is better and
prices proportionally higher Wequote the range
from $2.00a$4.50 with a fair number at the latter
figure; most sales were made at SO. .3715 per
100 lbs.
Sheep and Lambs-There is fair trade report
ed in good Sheep and Lambs The quality is
about as good that of last weeks offerings.
Common Sheep are not wanted, and are difficult
of sale. Prices range from 11aa21a cents for COM
mon Sheep, and 314a414 cents per lib for fair to
good do. Lambs sell at 51aa7 cents per lb gross.
Receipts this week of Sheep and Lambs 1921
head.
BALTIMORE HOG MARKET, May 27.-There is a
fair supply on the market this week, though the
numbers are 1000 head less than they were last
week. Their quality is about as good as it was
then, and is generally well suited to the demand,
neat light Hogs being in best demand. The de-
mand is fair, not especially active, in all the
yards. Fair to Best Western Hogs 614a6% cents,
most sales of good ones at 63sa6 cents; State and
other nearby Hogs 6ae4 cents per III net,