The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-04-26
Reports of Crop Damage Have Begun
to Affect Trade.

New York. April 26.-Bradstreet's
SAYS: Despite, and, indeed, partly be-
cause of marked Irregularities IN
weather conditions and extreme tenn
peratures accompanied by deteriora-
ton in the winter wheat crop OF the
southwest, general business and Specu-
lation have been of a very full volume
for this season of the year. Retail de-
mand was relieved from the incubus
of backward weather by the hot wave
which swept over a large part OF the
country this week. This has resulted
in a fair business from wholesalers ana
iobbers in the east, but the talk of crop
damage put a check upon demand IN
the central west and southwest ana
wholesale trade reports from these sec
tons are not so good as carrier looked
for although showing some improve
ment over a year ago. In the north
west snow and rains checked retail
trade and distribution. but the general
effect has been to rather improve the
ultimate crop and business outlook than
otherwise, although delaying seeding
somewhat.
Some notable price movements have
occurred this week, and taken as
whole, the number of staples and of
securities reporting record prices has
been very large. On the other hand,
the advancing season has had the effect
of breaking prices of eggs and butter
and some other food products. Among
the industries activity has remained as
great as heretofore and the labor stu
$500
in the building and allied trades, which
show unsurpassed activity. The cereals
and to a lesser degree hog products
generally responded promptly to the
Southwestern wheat damage reports,
which, coupled with very heavy de-
crease in the visible supplies. partic
i1larly in Manitoba and the northwest.
resulted in the highest prices for the
I crop season being reached for cash
wheat. Corn, too, almost broke the sea-
son record.
Crop reports to Bradstreet's indicate
/ that beyond doubt the Kansas wheat
crop has been hurt by the drought and
/ hot winds Nothing in excess Of three
/ quarters of crop is looked for even by
/ the most sanguine, while 50 per cent of
| last years yield is confidently predicted.
In other words, however. rains have
! benefited the situation and even in
| Kansas the rains, though received late.
t are encouraging so far as the outlook
I for the coming corn crop is concerned.
4 The area in this promises to be very
large. as does also that in oats but the
/ condition of the latter crop is less favor
/ able than hoped for Meats are all high
i or, marketable animals are scarce and
i receipts are small Hog products have
+ advanced in some cases with cereals,
1 but butter and eggs. alleged to have
been coFnered some time ago have
! broken badly, the former to the extent
1 of : cents per pound.
| Shoes are in fair distribution at the
west but eastern shipments are falling
off
There is little new in the leather bust
! ness, cheaper grades being relatively
| most active. Building material is very
/ active
Cotton bulls, encouraged by the light
/ movements and nervousness Of shorts.
| have forced prices higher, the highest
prices for the season being reached when
i spots sold at 95z cents. Raw cotton is
/ now 1 cent above last years prices, and
4 early reports as to proposed decreases
4 in acreage are being modified Reports
| by leading eastern jobbers are that the
past season has been a very good one
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