Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1896-08-05
Grain Trade and Crops.

The Cincinnati Price Current Of last
Thursday says
1.-THE prevailing influences of the past
week relating to crop conditions
brought about little in the way of
betterment of the situation and pros
poets, and considerable of an unfavor-
able nature, OF which tie more notable
instances include injury from moisture
to harvested grain remaining in the
fields in the central regions, delay in
with the hay harvest and impairment
of the quality, and injury to potatoes
in some sections There has been
much of rainfall, and the excessive
moisture has done more injury than
good so far as present conditions indi-
cate.
| Taking a general survey of the stu
| alton, the winter wheat indications are
not enlarged as to yield, and probably
will prove the opposite, while the
quality is developing less fayorably.
The aggregate yield can not be expect
ed to exceed last year, and is likely to
fall somewhat short, while the quality
will contrast quite unfavorably with
last year. The spring wheat condi-
tions in the Northwest are irregular,
much of it very deficient, some very
satlsfactory-as a whole. this portion
of the crop is hardly maintaining the
expectations held two or three weeks
ago.. and the outcome can not reason
ably be expected to exceed three
fourths OF last years production; the
quality to large extent promises to
be satisfactory.
| h hcI
tailment in yield and lowering of quail
ity. Much of the crop in Ohio and
Indiana is good; in Illinois is disap
pointing and deficient in yield; in Iowa
light in yield and in weight of the
grain; in Missouri a poor crop, and In
Kansas short crop.
The present position of the corn CROP
is nearly all that could be reasonably
asked for, and unless positively un
favorable conditions develop later on
the crop will be an exceptionally large
!. one.
Our returns from the Northwest
confirm the view that the wheat croI
is decidedly deficient, and that the
J Dakotas and Minnesota may be ex
pected to fall fully % per cent short o.
, last year. Harvesting operations have
, begun and in some localities are vel
under way in South Dakota and south
! ern portions of Minnesota. The quail
r ity of wheat is generally satisfactory
Il The entire production Of spring
wheat is apparently not likely to ex
Z coed about IT'S, 900, 600 bushels, and O.
winter wheat 275. 900, 600. or total O
e approximately $50, 1000, 900, so for a.
present indications suggest.
In the wheat trade there has beer
displayed more of confidence and con
s siderable activity, with a tendenc.
: upward in prices most of the week
:, closing with quite n decided gain, 24s
2ac. at Chicago, compared with weet
: ago. Evidently the trade is beginning
j to accept the evidences of disappoint
D ments in yield, which have been more
! or less apparent steadily with thu
" progress of the crop the past two
months or more. With the deficien
} yield is the unfortunate fact OF poo
t quality to a large extent.
The glowing reports in regard to thu
- corn crop, and indications that thu
e old stocks will be more LIBERAL,
# moved, have had weakening infiu
8 ence in the corn market, and thl
!, grain has declined 1sc for Septembe
at Chicago, compared with a weel
e ago.
o September wheat at Chicago close
O 1c below the highest point of tn
). week, &c above the lowest point, ant
2gc higher than a week ago.
ej Corn at Chicago for September clos
q ed &c below the highest point of tn
d week, sc above the lowest point of tn
week and 1gc lower than q week age