New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-07

Feeling More Hopeful in Grain
Districts than IN ChicagO.

chicago. May e.-The unreasonable weather
| throughout the grain districts of the West has
radically changed the situation in the grain mar
kets- At the time the reports are so contra
! dictory that commission houses have been largely
/ at sea as TO what actual damage has been done
There is a general belief that tho crop will lee
short, compared with that OF last year. both in
! wheat and oats The estimates OF the deficiency
run as high In winter wheat 100O000oO bushels
/ In addition TO this, the extreme cold which has
prevailed almost continuously in the northwest part
Of this country and in Canada has greatly DELAYED
seeding. The loss Of acreage that viii result is yet
matter of conjecture but the general belief # the
Board Of Trade here IS that It Will be considerable
General rains were reported to-day from Mis-
souri, Illinois, Nebraska the valley OF the Chic
River and a slight rainfall in Kansas. There has
been complaint of drouth from Kansas Ne
braska and Missouri heretofore, but It is not
ieved that there is any possibility of damage
through lack of moisture for least two weeks
to come With warm weather it is possible for the
wheat crop to improve materially. but there is
mediate approach Of much higher temperatJire
The reports regarding the damage inflicted by
TO be spreading gradually, but whether or not It's
[g' %g6s va ne serious from now on Is question
among the best sources OF information
Oklahoma this year will be the largest ever known
because OF the poughing up OF oats and wheat
the ground being later seeded with corn.
ST. Paul. May e-whllo crop conditions in the
Northwest are backward so far seeding is con-
cerned, on account OF the late cold weather, the
condition is not by any means hopeless. according
10 reports which have been received IN the crop
reporting department OF the Northern Pacific Rail
road Their latest advices indicate that seeding is
two three weeks later than a year ago. and II is
estimated that 25 30 per cent OF the seeding has
been completed. Comparing the progress made by
the farmers this year with that OF last year IS
indication that this is unusually backward sea
son. the seeding year ago finished the
unusually early date Of May / SO far this year
the ground has frozen nearly every night making
ploughing difficult, but there Is still plenty OF time
10 get the wheat seeding done If more extreme
cold weather inteTferes. Wheat seeding may
tinue May Is. with the assurance OF the usual
crop. Whatever land is left after that will have
to be devoted to fax other grain.
The abundance of snow on the ground and the
late moisture looked upon d benefit rather
than a hindrance
A dispatch from Minot. y. D. says
Owing 10 the prevailing cold weather ittle seed
ing has been done in Northwestern Dakota but no
is reported on the ground near Kenmars, Bowels
early enough for the crop TO be in.
A dispatch from Grand Forks. y. D, says:
Seeding, conditions IN this section are the most
lde Of the RED R aS nag Valley Re Is mue6
improved and seeding is progressing rapidly: II /,
can operate.
Wheat was weak IN the local market in the early |
trading yesterday, poor cables and reports |
Of rains and warmer weather IN the Southwest |
Around noon, however sharp advance set in, the |
principal bull factors being reports Of in the |
Northwest and more damage by green bugs and |
army worms in the Southwest. the July option go |
ing high 93tsc in the last hour. high |
record for the year, and declining under reaza- |
ton. selling e314c the close. against Satur-
days final price OF 917sc. September closed at |
e3s4c, comparing with 92asc at the close on satur-
day.
Missouri IS the first Of the winter wheat states /
TO report conditions OF May J. and It's showing
is extremely bad. conditions having declined from
& percentage Of "a on April to 50 May !.
James J. HILL when asked yesterday afternoon |
about the outlook for wheat in the Northwest.
said that there still weeks IN which seed
ing could be done. II weather conditions should be
favorable for q week so. Il would be possible to
SOW spring wheat every ready IT, md
IF the weather during the crop growing period
should be propitious the harvest should be a big
one, although, Of course. the danger of damage
toward the end OF tho season would be increased
through the delay IN getting the seed into the
ground.