Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1897-04-01
STANTON SPECTATOR AND vINDICAToR.
GRAIN TRADE AND CROPS.

The Cincinnati Price-Current of last
Thursday says
The weather has been variable the
past week in the central regions, with
considerable moisture, and not much
of genial conditions, nor OF especially
unfavorable characteristics other than
where the moisture has interfered with
seasonable operations. This is applica
BILE to the seeding of oats in the south
erly portion of the central belt. which
has been retarded by too much OF mois
ture. In the Northwest the situation
is backward, and late season is look
ed for. but there is nothing yet dis
couraging in that section.
Our advices concerning the wheat
crop are ever more gloomy than pre-
viously with reference to very con
siderable portion of Illinois, where it
has been apparent for some weeks that
the situation was decidedly unpromis
ing. To what extent favorable wealth
er hereafter may effect change in the
outlook cannot be told; it is reasonable
to expect that it may do something in
this direction. but it manifestly can
not overcome in any great degree the
serious extent of damage to the crop
which is now apparent in that State.
In Indiana and Missouri there is per-
haps something more Of unfavorable
view of the wheat crop situation than
heretofore, but not to any such extent
as noted for Illinois, SO that with IA
vorable conditions hereafter fairly
good results may be reached for these
States.
The Ohio wheat crop is mostly in
good promise, and if no drawback over
takes it hereafter good yield should
be expected. The same may be said of
Michigan. The information from the
Pacific coast continues decidedly favor
able.
The moisture has made interior roads
unfavorable for the movement of pro-
duce, otherwise there would be lib
eral marketing of corn. this grain be-
ing offered quite freely in many sec
tions.
In late years Iowa has given lessen
ed attention to wheat, and the crop OF
that State has not been important since
1892, but the Indications are that q
large increase in spring seeding will be
shown this season, as wheat has proven
more remunerative than other grain
the past two years.
The week started out with consider
able in the wheat market to encourage
the holding interest. and the May Op
ton at Chicago was above rs cents on
two days. Subsequently the reviving
tendency gave way to decided weak
ness, and the close shows a decline Of
tic for May and II for July, compared
with a week ago.
The trade seem to be unable to un
n npo 20 nd kh4 xo% 4
not reached higher position of prices
under the evidences of greatly lessened
supplies and indications of prospective
reduction in production compared with
the average of recent years. The ex-
-among them the evidence that the
gard the available supply ample to
meet requirements until new grain IL
in sight: and the disappointing demand
for flour, possibly due to it's displace
ment by cheaper food products. This
latter feature appears to apply abroad
as we'll as in our domestic trade. The
exports of corn are very large, and to
an extent which does not find explana-
ton in a demand for feeding purposes.
But considerable part of the increase
is for Mexico and Africa.
May wheat at Chicago closed 2ac be-
low the highest point of the week, &c
above the lowest point, and lie lower
than a week ago.
Corn at Chicago for May closed 4c
1c above the lowest point of the week
and &c lower than week ago.
Wheat receipts at primary markets
hr1c hn