Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1897-10-21
GRAIN TRADE AVN CROPs.

The Cincinnati Price-C Current of last
Thursday says
Much relief in the drought regions
has been experienced by quite extend
ed rains, which IN many places were
fairly liberal, and in others less impor-
tant. The effect has been to revive
cheerfulness and confidence where the
seriousness OF drought conditions was
having discouraging influence. These
rains have not accomplished all that is
needful, but if they be soon followed
by more moisture there will be much
done to overcome the drawbacks which
have been attending autumn seeding
operations.
It is yet too early to offer an explicit
opinion as to the probable relative
area of autumn sown wheat, but it now
seems practically conclusive that there
will be shown considerable gain over
last year. It is in evidence that Octo
Der sowings of wheat if followed with
ordinarily favorable conditions may
be expected to result well-and in fact
wheat sown as late as the middle of
November has possibilities favoring a
good yield.
The rains have had the effect to
weaken market sentiment to some ex.
tent, and wheat values have receded.
Other influences have also had more or
less bearing in the same direction. The
large foreign demand which served in
an important degree to stimulate the
advancing tendency of values some
weeks ago has been modified, as might
have been expected as a natural result
to follow that abnormal activity. The
-four trade is not~dctive, and supplies
are charging, SO that millers are oblig-
ed to lower their buying prices in or
der to avoid losses in manufacture.
The prolonged period of dry weathe1
has fastened the marketable condition
OF corn, SO that much of this grain is
already in condition admitting of crib
bling. The new crop will move earlier
than usual. In some instances the corn
millers have already begun operating
on new grain.
The government report on corn is
about as generally expected, and sug-
gests q crop OF approximately $780,
600, 900 bushels-which is probably a
very fair presentation of existing in
dications. The Price Current was the
first to point out that the crop should
not be expected to exceed about 1, $50,
600, 900 bushels.
The destruction of autumn pasture
by dry weather has necessitated an un-
usual extent of feeding to animals,
which will have some influence on sup
plies, but it is still clear that the years
resources, including the old stocks, are
decidedly in excess of any distribution
likely to occur. Therefore there is
nothing now in sight to encourage ex-
pectations of high prices for this grain.
The visible supply is larger than shown
by any previous records, and enlarg-
ing.
December wheat at Chicago closed
1ec below the highest point of the
| week, 14c above the lowest point, and
lie lower than a week ago.
Corn at Chicago for December clos
ed &c below the highest point of the
| week, 4c above the lowest point and
2bc lower than a week ago
Wheat receipts at primary markets
| we're 1880, 900 bushels for the week
against 9.047.O00 the preceding week
and 1894 900 last year.
Corn receipts were 3,437.O00 bushels.
against 4,135,0O0 the preceding week,
and 3,555. 900 last year.
---------~-~-~-----
N0-To-Rac for Fifty Cents.
| Guaranteed tobacco habit cure, makes weak
men strong, blood pure. SOC, 81. All druggists.
Nine brandy camps have been seized
in Page county by revenue officials in
the last few days, stills, brandy and
entire outfit being taken away.