The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-06-25
WAITING: | [0|Es![||:.[|:
TREND 0F'IR|A|||.D||||.E|:.
! FarinersSsp ting Oh Character.
fSspring Harvest and Hold a
al ing Back. Wheat.
REPORTS SOMETIMES 1! j ! Y! : VARY Y!
Rains Early In Week Of Great
Benefit Corn x: 81 : oh
"a. 35ssss5 dition#of Oats.
Especial ID rhe Times, plspatel

y
Especial to Tho Times Dispatcl) n g
CHICAGO, I, June Pal there Is any-I
thing In early Indications the farmer!
II this season Is not going to be any more
& urgent about getting his wheat to market Z
this year Than he was q year ago. gss Il
that be lis at t,ide during the SEQ
n sol, The effect on the market Is bound toi
S DO marked. Normally spcakins. 1t ls time
4 for new wheat to be manufacturing some
# pressure on the trade centers, BUTT
& movement It's light. Z tc producer seem toi
q be biding his time 10 see what are the.
\ chances for a good or bad harvest IN
Il the spring wheat region. Financially. B 80
HI Ear Az the need q read cash Ia con-
II cerned, he ca h ford to do 80. w lsother
y waiting Will 3fbe q good Investment re-
Z mains ia develop. .;S$ 4, M " Il s5s
g35as Northwestern wheat maj ketsS are grad
ually working around TO tho natural p0-3
Il sl ton held by them at this season Of the
Hear.M5In the last two or three mont ss
II preceding their hnrYest, The 5Narthwest-t
3 ern cefters usually feel the effect al d.
ii n1lnIshed supplies s II home, while the
" winter wheat cen ters and Chicago are
II under pressure from new winter wheat
marketingrs. hus ia /, ~ h Q viewer the HI
81 farmer as been g very sparlng sell r$ az
have been working upward because Of
4 tie taking on OF hedging sales bya mill
Il ers. These have i been buying July as
Inst as the hedgcd wheat went Into
sS flour. The result has been AS q rather
y strained condition In that ma rket. and
the bear has been d working at q dis
III I'D yar, tage. n All
ss.ss Cry Of Black Rust.
Somebody, credited with genius for the
sensational rather than with accepta BILE
Information. raised the cry or b lack
Tina the traders who are straining their.
q eyes for bogies allowed themselves To-
u, be swayed by the fairy. story 53t
The mex day the one wheat field ~
Macon county, x III TN which was set forth
IS the victim OF S the rayaging rust. y
4 .dwindled into insignihcance, an Is ov err
4 whelming swarm Sof witnesses coming TO
4 .tilo surface and declaring Il the outlook
II for an excellent wheat crop in that same
neig hborhood II has not been better ~ for
e Jenrs. S8 WI
L a. progressing, there come Trajectory
4 reports az to- yield. !. The pondcranctaa
OF evidence, however. seems to N be J. th nat
he re turns vii he 40 ex pee sioar
y of good quality. Thcse varying y npree.st-
& sIons are bound to continue so long as
there Is argument from q sing Held az
! a 45premise 10 n whole community as 2
81 conclusion. is; II ga 4. @. .9, =.
n q THE figures that are coming lately from
4 Argentine have q bullish tinge, For the
week the shipments were ! 900 bushels,
W M compared with 100000 the preceding
week and 2,Sls 600 bushels the correspond. nc.
2 2 week a year. ago. From the Il irst e 81
II thefyea that country has shipped g pout
1000 Goo bushels less than a year age.
Il private messages from Argent how;
b ever. arc that there Is no prospect OF
4 lessened shipments from there
/ u B to Expectations.
sj.a Generally speaking, the ices q from m
/ threshers arc that the yield is quite up
Il to expecta tons guam itatiyely; that the g 2
58 grain weighs well by measure and tn 7.
the, milling quality .is on q parlty55lWlttn
( that O d 4. year ago. Dlsappoint ments seem
To have their source an the breasts q
those who fondly hoped for returns ~
excess of what nature in her best MOOD
might have Keen expected to "a sgs 5sI S3a
The London Statlst. q recognized AZ al
thority abroad. spea ks OF the sen son cas-
not 4 one OF & specially brilliant promise
abroad as compared with former sSsye a q
and intimates II may not pc easy %
get supplies during July and AUGUST llsNs
without drawing on stocks aS q 81 "a
India Is expected to increase her con-
sumption and Argentine's supply Is dis
appointing to forelg ners M
' Interior mills In Texas and further
Y NorthYare paying, stiff prices for the new
Il winter wheatlthey get. and 1t looks as u the
shipping movement from there would DO
unimportant for some time to com
The rains, which have been most vel
q come as tonic for the cor arc Hot ~ "
3lyorable for the gathering Of wheat n,
some communities, but they have caused
M further anxiety thus far than that
a attendant on o. delay q cutting. Flour
\ am export cond Ions are not elnt1 uen Val,
8,,tsthere is a chance they may become
4 10 UGH aepends on Argent 1ne'
Corn. n
VI 81 corn futures continue above nifty cents
( III this market IL spite OF the heavy
II urinary movement, For what they may
ia worth, these figures on corn by Il, &
well-known1 broker are q uoted: Ell rlnlaFy
receipts for the last thirty days nave
been approximately i22. $4,000 talshe!s, an
increase az 1900, 900 bpaile|s over last yehr
III sen BOARD have been 1850 900, a decrease Of
Il 100000, and Argentine shipments have.
been 1880 900, an increase OF s,IOo,oVeo
bushels. The price OF Jlly.is about l-sa
ia 80 under that of a year al o.t r a,ls
I noticeable, II however that any materla1
drop in values is quickly followed by. g
decrease In the movements from trss
hands, showing that the farmers are = =!
n content 4 to wait and see how the new :,
crop progresses in Its earlier STAGES 50.
n The rains early in the week were q q
great t,aneft to the crop, especially !, "
Nebraska, where the situate hah pe-
come grace, but the cool veal he D. since rs 9
then has retarded the development q !. .a ,ne
has come. there Is longing for warm
weather and plenty 5of sunshine. The
iii farmer has II In his power to- ma y. Ke
~ - .,n .1 az nv holding his raaarYeS back,