Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1892-06-01
COM MERCIAL and FINAN CIAL
THE GRAIN TRADE-CROPs, sc.

| The Cincinnati Price Current of May
Goth, says that 'while the wet period in the
| West has not been broken there have been
some days of more settled weather during the
| week, admitting of some modification of ap-
| prehensions concerning corn planting opera
| tons. Good weather, however, is not yet as
sured, and the general situation is surrounded
with much of uncertainty, with chances still
| admitting of conditions which might lead to
! fairly good results, for this crop, although it
is increasingly plain that the area will be con-
| siderably less than was calculated on.
The winter wheat crop.has apparently about
| maintained its average condition, but an APP
preciable improvement is quite problematical
for against the better promise where the plant
was exceptionally backward and the outlook
decidedly dlscouraging there has been more
| or less of impairment to the advanced portion
in many localities, by overrank growth, at the
sacrifice of good yield of grain, with injury al
ready or apprehended from falling before ma
turity, and unhealthy condition of the stalk
in low lands. There is not much intimation
of rust yet, although in some localities in
Kentucky it is appearing.
In the Northwest the wheat crop situationis
irregular The plant has made fair growth
and is in promising condition in many regions,
and in others seeding is only just finished, or
not fully completed. As whole the outlook
is not to be considered particularly discourag
ing, in view of the understood possibilities of
the climate of that region.
The general average position of the oats
crop has evidently been somewhat improved
of late, but not sufficiently so to give -encour-
agement to expectations of an average pro-
duction.
News concerning crops abroad does not
change the general outlook essentially, which
is fairly favorable as whole but not brilliant.
There has been more life in the flour trade
recently, while receipts in the centers have
lessened under diminishing manufacture,
which latter condition of affairs has curtailed
the demand for wheat.
The elasticity of visible supply exhibits has
been well illustrated the past week, in the
showing of decrease of 100000 bushels in
wheat, largely exceeding all calculations, and
understood to be due to changes from water
to rail transportation, making it liable to dis
tIrD the ueAG eAllUlt Ill all OppOSlte way.
Speculative wheat markets have been quite
variable during the week. At Chicago July
wheat has ranged at SLASH, lEclosing at S24
against SOC week ago.
The corn market at Chicago felt the effects
of being oversold, with the small supply avail
able for deliveries on contracts, for May, and
prices were advanced to II cents on Saturday
closing yesterday at 65. The July delivery
has been stimulated by the uncertainties sur
rounding the new crop, selling up to 4S9, clos
ing at 454, against 43s week ago.
Total wheat on passage this week 81, Az, 900
bushels, against 30, 432, 900 last week, and &c.
$4,000 last year.
Wheat receipts at primary markets were l.
$4,000 bushels for the week, against 2,515,O
the preceding week, and 1888 900 last year.
Corn receipts were 1,56S, 900 bushels, against
100000 the preceding week, and 2,6SS, 200
last year,