Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1897-05-20
GRAIN TRADE AND CROPS.
The Cincinnati Price Current of last

The Cincinnati Price-Current of last |
Thursday says
There has not been much occasion |
for complaint as to weather conditions |
the past week. The delays in seeding |
and development of crops have been
to some extent overcome, and satisfac-
tory advancement in conditions has
generally prevailed. In fact it has
been more than ordinarily cheerful In
it's general characteristics OF crop news.
Much interest still centers in the
wheat crop. We believe it not too much
to say that with whatever merit is to
be attached to reported unfavorable-
ness on the Pacific Coast, and of furth-
er lowering of indications in Illinois,
the general average promise for the
winter wheat crop is fully maintained,
and possibly shaping better. 1t is Ger
tainiy decidedly more assuring in In
diana, where much of gloomy report
| has found circulation, and which State
is likely to turn out fairly good yield.
In Missouri, where diycourag1ng re-
ports have widely prevailed, there are
| Indications of q better development OF
the prospect in portions of the State.
| Here in Ohio and southwark the crop
continues in good promise for much
the greater portion of 1t, and along the
| Ohio Valley region the indications IA
vor early harvesting operations. The
fact is the winter wheat crop has been
attended with exceptionally favorable
weather conditions as rule this spring,
and to such an extent that its beneficial
Influence has become positive assur-
ance of better results than the prevail
ing apprehenslons OF observers rec
/, ognized.
} wheat regions of the Northwest hat
: also become quite encouraging. anC
the remarkable characteristics OF the
! climate there for ability to quickly
overcome seeming drawbacks in croI
+ conditions have been we'll illustrated
in the recent past. Not only has de
, cidely enlarged area been seeded tt
wheat, but the crop to a large extern
Q is getting an excellent start, so that thu
] possibilities of the season are high to-
Q this portion of the crop.
al The oats crop has had an irregular
!. start, but conditions have assumed
fairly satisfactory form, and the stand
J, is generally spoken of favorably.
d. The wheat markets have had mucf
h of firmness the past week. and the pre-
vailing tendency has been to highe
+ prices, closing with decided advance
d compared with week ago. To wha
t | extent such influence may continue t.
. be effective is problematical. Jus
= why much of an advance in the nea
future should be expected is not mad
Z, very clear by the apparent condition
Il attending the general situation.
!. Corn and oats have strengthened T.
10 some extent, and in fact may hav
= some Justification for temporary In
l. provement. It may be remembered
v however, that corn last September sol
:. below 30 cents at Chicago, and it is sal
to say there is more corn In the coun
q try now than there was a year ago.
ell July wheat at Chicago closed 1sc be
n low the highest point of the week. 81
v above the lowest point, and 3sc highe
than a week ago.
81 Corn at Chicago for July closed !
u below the highest point Of the weeE
1t ac above the lowest point OF the weel
q and 4c higher than a week ago
a Wheat receipts at primary market
n were 1885,, 200 bushels for the wee
against 2.051 600 the preceding wee
% and 2, 1852 600 last year.
'e Corn receipts were 2,320, 900 bushel
lie against 1,904,00O the preceding weel
e. and 1 1851. 900 last year.