Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1889-02-13
@tauntOn Markets.
SPECTATOR OFFICE,
StauDtOu. Va. Feb. 18th. 1SS

! StauDtou. Va, Feb. 18th, 1889.
| The offerings of wheat have increased con-
siderably during the past week. and sales ara
more lively both in the city and by delivery at
| the different railroad stations for shipments,
principally to Richmond, made through our
| city dealers. Our millers are also buying
| literally.
Southern wheat is in good demand TO meet
| the acquisitions OF the Richmond, Baltimore,
ard Atlantic Coast millers. as well as some
for export. We quote at Sl00 to slG2.
| 3 nee last harvest. Two causes,-the shortage
in good wheat and the Hutchinson deal
placing wheat higher than It's relative value
| as four.-ursetiled the breadstuffs trade In
the States OF the Western winter wheat belt
| to an extent from which 1t has not recovered
Millers there. nd milers generally. have had
| a great deal to contend with state Of things
which suspends, even to limited extent the
| re gular operations OF the mills of The country
must necessarily produce evils which seriously
affect all Interests, and damngingIy 50 those OF
wheat producers. Fortunately our section OF
country has bad no such drawbacks Our
wheat producers can well imagine the state #
things which would exist II sill the merchant
mil ers of Stanton and Augusta county were
to shut down even for a few weeks. Apply the
circumstances as they have been in vast sec
lions of the West. ard they will realize the
facts of situation which would unsettle m ore
local interests than those pertaining To the
grain grower and miller. which would be bad
enough. 1t being time, well as the necoe-
siIies of the case. that the grain and flous-
trade of the States referred to should resume
its normal condition, a large representation OF
the milers were in convention at 1ndlanapo-
lis, Indiana, last week. Some departments OF
oil
hended the objects in view were to effect com BIZ
nations; in other words organize a trust, but |
such was not the case. and such purpose was !
repealed in sentiment 1t was in action
Whilst they have sufflciency OF wheat to |
resume operations generally, yet there will be |
fairly brisk demand, and the effect must be |
to enliven some of the interior markets for
winter-wheat. The operations st Chicago
would seem to warrant that conclusion, not |
only to meet the requirements of n illers bnt
also. as the market is Influenced by Hutchin-
son, who Is again buyer, 1t is said, to I'LL ex.
port orders.
The foreign demand for both wheat and -four
has improved. Though late in reviving our
export trade In wheat. there is still fair prog
pect that our surplus will fill more of the re-
quirements of the United Kingdom of two mill
lioRs bushels weekly, than 1t was supposed
would be the case.
Add to the facts Of the situation as above
stated that there is still disposition with
western farmers. who can do so, to hold their
wheat till something mere ia developed In
relation to the growing crop. In large sections
of the West there is great lack OF moisture, and
the prospect for large yield not 1attering,
except at Minneapolis-and there accounts
are conflicting. There is general firmness
and growing demand foT good wheat. in all the
markets, the foreign as we'll as in our own
country.
Or grain and staple produce dealers are con.
Quoting fairly brisk trade with more than
the usual number of customers delivering by
wagons. Hay Is little dull.
the changes IN The price.curreut are slight.
The quotations. are wholesale. not retail,
Country Produce.
2