The Paducah evening sun., 1910-03-15
JERKY MARKET
FOR LAST WEEK
WHEAT AND CORN BOTH SHOW
SOME FLURRIES.
Damage 10 Crop In Kansas Is veri
fied--News From Abroad Was
Bullish and Bcarish.
HOGS STILL ON THE UP GRADE

jerky market, full or surprises and
unexpected turns that kept wheat
traders always on the qui vive during
the week Just closed. There were
some sudden and a few violent price
changes. but at the end of the week
the net changes were round TO be In
consequential. a drop in the quota
|tions for the later months in wheat
being the feature. May wound up
where II was seven days before.
The two main factors on which the
Developments OF the week hinged
were the new grist OF crop damage
reports from Kansas and the south
west and the government report on
the amount of old wheat still in the
farmers hands. The agricultural de-
partment made the figures consider
ably lower than the trade generally
they would be. There
followed a brisk market, in which
there was aggressive buying. A few
days before, on the strength of al
most exactly the same figures on re
serves by private expert, the trade
saw at to sell.
Volume OF Trade Large.
The volume OF trade during the
week was large. Bartlett & Patten.
who are so soon TO retire from active
part In the market. we're the princi-
pal buyers. II Is estimated that they
took on 100000 bushels in two
days in the middle OF the week. aud
that fully four-fifths of their pur-
chases we're for September delivery.
The general public also came gener-
lally into this kind of buying. The
result was a quick transfer of popu-
lar interest to the things that are TO
come after July 1 next. The options
OF the new crop year took on decided
strength. but lost much OF their at
Effectiveness when the trade had a
chance TO get its breath and to ana
I'VE az best they could the reports of
damage.
Damage 60 Crops in Kansas.
That there has been Damage to the
crop in Kansas of no mean proper
tion hardly admits OF any doubt, but
II should be borne In mind that II
there were no such injury the Sum
flower state would raise the biggest
crop in its history--in other words.
lover 100 900. 900 bushels. with the
increased acreage over last year. the
Kansas crop might be damaged many
points and still leave fine yield in
the aggregate.
Those specially interested in the
speculative end OF wheat on the bull
side are reading disaster into the
situation in Kansas The dealers In
the actual grain, on the other hand.
hold out more hopeful aspect for
the season of the wheat faiser. The
secretary Of the Kansas Grain Deal
ers' association makes what he be-
heves is due allowance for damage
and figured out on a basis of the
acreage submitted that Kansas stands
to produce $4,000, 900 to 92 900. 900
bushels. which is well up to the best
results for that state.
Private estimators put the pros
pective Kansas yield at 10000 900 to
rs, 600 900 bushels. according to the
viewpoint. With the opening up of
the spring season the true situation
is becoming more apparent. and 80
far as winter damage is concerned
that ought to be pretty accurately
surveyed within another fortnight.
Good Deal Blind Pluneing.
There seemed 10 be a good deal of
blind plunging in the operations of
the week, with spectators paying
little attention TO the statistical news