The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-11-13
LARGE CORN CROP
.ST|RS MARKETS.
Previous Crops Arc Exceeded By
Nearly 2oo,ooo,ooo
Bushels.
OFFSETS CRIES PROM WEST
--L
Farmers Had Sent Flood OF Mes
sages Claiming Vast Damage
Had BecnsDone.
OFFSETS CRIES PROM WEST
Especial 10 The Times Dispatch. )

country. The estimate is disdainful OF
the flood OF messages from the West that
vast damage was done to the crop after
ture. The showing for the crop was SO
impressive that wheat. corn and oats all
took a price tumble. Whether disposed to
do so or not, the bulls were not able to
avert tho movement. They did check 1t,
and In this connection 1t Is interesting
strongly fortified financially that 1t Is
able. temporarily at least. to set at
naught the natural laws Of trade
The crash was not unexpected by the
most enthusiastic bull, and 1t need not
be concluded that the advocates Of ulti-
mate higher prlco levels have abandoned
their faith. They are just as strongly
assertive as ever that world conditions
are in favor Of better values Of wheat
for those who are patient and willing to
walt for them.
Of the corn report, wheat had many q
kick, stop-loss orders being potent fac
tors in giving an extra impulse. Stimuli,
to 0
and fine crop prospects In that country.
a tight money market In Wall Street
also was given credit for fostering q
weak sentiment. Argentine shipments ne ,ts
as compared With $4,000 bushels last
week and 752 900 bushels the correspond
ing week a year ago. The total since
against 88,175, 900 bushels last year.
For the legitimate trade there was
cheering neWs IN message s from the
inquiries for more. This demand from
Germany seems to have been borne out
by all the German ca bles to exporting
will probably find it profitable to buy q
large quantity of American wheat in
anticipation of prohibitive tariffs against
this country in the spring and many In
terests are setting large store by that
prospect. s &N
European = situation: sS';At the present
time Germany Is importing " wheat ne for
els a week and before the end Of Feb
ruary is likely to be importing at the
rate of 100000 bushels week. It IS
noticeable that lastswGek Belgium ,,a "a so o.
coo bushels. SO that|if Russia is not pre-
pared for any lengthy period by strikes
from shipping. all that she possibly can.
1t IS quite evident that increasing snip
ments will be required. "a,
7 In the Northwest there is much con-
Germ over the car situation. North Da-
have been concentrating Their efforts to
relieve the situation there, The elevators
are said to be full Although. there was
some falling OF In the demand for honr'
the mills are still running well up to ca
pacity and they need cars to take care
Of their business.
k According to very interesting figures
Europe has 3o.l7000o bushels less afloat
and in store than it had a year ago.
America" says this publication, with
crop Of 10000 900 bushels Is ae larger than
in the available supply than year go"
Total worlds shipments Increased 2O,664,-
o1 bushels in October. compared with 21,-
I 621 900 bushels In September and 0732 900
in Oc.rher last year. IS
According to some conservative views
the Russian emergency sales anu large
Argentine shipments DO not consdtu i
theory of the existence OF a worldwide
demand that is measuring up to, il not
beyond supply. 3s..!
There is much un certainty as to wha
the tactics of the leading bull interests
have been the past week. and what these
interests are playing for. Surface indi-
cations are that the Armour contingent
dumped a large part OF It's holdings. but
there was also suspicion of extensive buy.
ing, Whether the leaders have grown
tired of tne.r game or are Simply SAu KING
out the little fellows IN ordar TO Eet a
better grasp OF the situation is q cues
ton which tho shrewuest SPECTATOR is
unable 10 answer satisfactorily.
the government report on corn was
enough IN Itself to Try out the spirits
Of the bulls but there was also the in
t1uence OF fine weather for marketing and
the Likelihood that deingc OF grain may
be looked for. The sharp decline at the
eno OF the week was most ertlcaciouS III
bolslerlng up the foreign demand. Arsen-
tine shipments were neaYy as compared
with the movement week ago. Unooubt-
eddy the break following the puplica ton
r 1,a a Q n! oil fp1lraR fi.aI "A
been much more severe mad It not been
for the heroic support volunteered by tho
bulls.
gave currency to salamlty stories of bad
husking and poor quality. The general
view Is that II tho government Is rlslt,
the bulls will have hard time making
the realities square with their hopes and
One OF the interesting features Of the
corn report Is that which says only 3.3
cent Sanas q this eF ana Il s II
than has reported at this time for sew
erai years and bears out tho stories cur
rent some time ago when agents Were
securing the country for old corn.
good portion of tho trade is OF the
opinion that present prices tor corn are
not 100 high per Sc, but that they arc
too high when the abundance OF other
slatisticians are able to make out a
good case for American oats by contend
Ing that the surplus here is not nearly
SO large rs tho deficit in Russia, Germany
and Englund, Russla's exports have been
large but they giy,s no promise Goa o. benz
are inevitable from England, Germany
and Italy. The consumpliye demand in
this country continues enormous and the
shipping demand keeps up Well, These
twin Influences kept oats from breaking
SO seriously as wheat and corn last week.
Claim is made that oats are being sold
for shipment cast and for export at the
rate OF 10000 bushels rs, = Week Week, There Is
nearer their right value all season than
either wheat or corn. a conservative ele-
alent looks for good prices all year for
The provisions trade has been painfully
dull at times, In packing centers free
Shipments OF hogs are expected for some
time, Stocks OF perks, lard and ribs
show good-sized reductions.
THIS GIRL LEFT KITCHEN
TO RUN AN AUTOMOBII E