The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-04-30
MAN With CROP
SCARE ON HAND.
Many Sensational Stories Being
Told Of Conditions Of
Grain.
CERTAINLY II II some DAMAGE !:
Deterioration, However, Claimed
to Be Not More Than Usual.
SituationinWest.
Special to The Times Dispatch.)

Iy..t .-a'rl l,Iltst8 tlN E.ts- go ..4,
(special to The Times Dispatcl.)
CHICAGO, April 29.-Thc man with the
crop scare has arrived and he Is working
overtime. He has Succeeded IN killing
prospects outright In many fields OF
Kansas. In other fields he reckons there
notion later to kill the other half.
It ia the extremist who takes tho
foregoing view. Flo Ia the man who rides
few hundred miles and think he has
definite line on the whole winter wheat
crdp OF the United States. The sober fact
seems Ia be that there has been some
damage not accounted foD> fortnight
ago. The complaints arc too many ana
come from too many sources TO be en-
tirely disregarded. AT the same time v
Is questionable II the deterioration of
the growing winter wheat Is more than
usual for this time OF the year Almost
Invariably there is a falling off In con-
dition from tho April standard and there
is little reason to expect sanythlng differ
ent this year, although for week or
two after the government report was
Issued early this month there seemed to
BIO an Improvement instead Of o. relapse
In the general condition OF the heds
Crop Conditions.
II might we'll be kept IN mind that Il
5N,ooO,nh0 bushels were clipped from the
outlook as Indicated by the government
figures on condition, there would stu
be winter wheat3cro mea s $, wen
up to that OF the best 'of past years.
crop of III, 0oo,oho bushels of winter
wheat might easily mean total wheat
production OF close to 100, 100000 bushels
IL conditions happen to be normal IN
the sprpg wheat territory for the devel-
onment OF the grain.
Field analysts are giving Kansas a.
least 100000 bushels, and IN doing 50
they admit they argue from a small to
a very large territory Aside from parts
OF Kansas, the most serious complaints
came from Missouri and Southern I'LL
nois, where, 1t wa s said, the wheat was
bad In color and stand. and in some cases
In Kansas particularly was suffering Tor
rain. 3 /, AZ w
Cron conditions and the cleaning UP Of
tho May tracts were the important things
influencing the market during the week
and as. might have been expected, there
were Violent fluctuations Of the pen-
dulum this way and that. according as
sentiment leaned one wa n or the other
on the chances Y efssWea therJ damage or
speculative manipulation. It was known
thera are large interests In May wheat
t"ElCH must. COlll6 10 SUIlIO AcllllItu ISItCy
before the end OF this month. Naturally
there was considerable 1liquidation. This
was tstrikinglyS true Friday when the ar
mour and Company made the open state-
ment thatit would deliver out the cash
wheat on May contracts. The effect was
to put May at "a discount from July and
September, because many long, who fts-
posed OF their May lines. because they
were afraid they would have to take
the cash article re.Iastated in July and
September. a common practice when
they stand to lose on their trades.
Situation In Northwest.
The situation northwest was not one
for the bulls to make merry over. The
n,illers did not show. "a disposition to
continue paying premiums for cash wheat.
Northwestern stocks decreased 10000
bushels as compared with 1.S1S000 bush
els the week BEFORE and there were pre-
dictions that receipts In that region
promised to grow. Those OF tho week
were somewhat more than those OF tho
week previous. Conditions for spring wheat
generally We're favorable. and with an
increased acreage, there Is a present out
look Of a big yield.
z There Ia still much to be desired iii
the -four trade, There Ia not enough
doing to warrant the milers In paying
fancy prices for wheat to grind. There
was IA curtailn,ent OF manufacture again
this week. the total output for the week
being only trifle In excess OF that
of q year ago These were the conditions
prevailing at Minneapolis and they are
said to he typical OF the situation all
over the Northwest,
Argentine shipments for the week were
2.4oS.G0 bushels compared with 3,21S,00O
/, a week ago, md 100000 tho week of the
year before. There was some brncing
UP Of the Liverpool markets on tho dis
appointing movement from Argentine,
but tho falling was not potent enough
to cut any figure In American markets
except In conjunction with other items
that helped to combat bearlsh Influences
The en- feature q The oats market.
dulIness, and there Is plenty OF that.
There seems to be n waiting on tho
pleasure of the man who holds the big
end of5the May. business. Stocks in Chi
cagol tended 7 to accumulate during tho
Seeding Is now p practically al done md
vorable to a good start for the new crop.
A little rain here and there will he the
situation ideal, There liz no snap In
either the shipping or cash business.
s,1455oo9 hogs; Or Il, ooo, in excess Of that
have Increased considerably. There is
still a decided shortage IN lard abroad,
while stocks here can hardly. exceed $4,000
tierces-a small showing. A larger run
trade. but there can hardly he a move,
the general situation. There is Just as
likely to be nm Increase In demand as In