The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-03-20

New York, March l9.--Thc domestic
wheat markets We're irregular early
In the week Fluctuations were SLOW.
largely because the trading was of
small volume and OF {. scalping char
meter, The limited action was chiefly
ascribed TO the scarcity OF potential in
iiuences. However greater iirmness
prevailed occasionally, and as n result
the average price level was tribe
higher. more especially on the nearby
deliveries. .ldvices from many rclfa-
Gle sources Indicated thnt previous re
ports about insect damage had been
exaggerated. This feature was. how
EVER partly cONntcrbalanccd by EumOrs
That in many parts of Kansas fields
were not looking as well as had been
AS to Drought.
1t was alleged that in numerous in
stances the fields looked almost worth
less. the plant having SUFFERED mainly
because OF the long drought ApDar-
emily these reports were too vague 10
convince many traders and much skcp-
ticiSm was manifested. Consequently
the reports had only monetary inIfu-
cnce: Initial frmncss WAS ascribed
q Iartly 10 encouraging cables, European
markets being iirmer. notably Paris
nnd Liverpool, which Mere partly in
incnced by the smaller worlds ship
ncnts, caused mainlN Ivy Il decrease
In the Russian clearances, but never
thcless there Was n. fairly large in
crease in the quantity on passage In
l.ivcrpool the tirmncsS was partly at
1rihntcd 10 less favorable crop reports
from india and smaller offerings at
urmer prices from Russia Australia
emo Argentina. At times tho stcadicr
tendency was aScribed TO stronger :id-
vices from the Northwest, where buy
ing was stimulated partly BY the con-
timed light primary receipts. tho daily
arrivals at the principal centres being
npproNimatcly 80 per cent. less than
III the corresponding days lasl YEAR
IH:rnl. RESERVES.
THIS created the Impression that
- l,Ri IL jtSh Z
u WAS argued that farmers would lie
willing 10 accent current bids. especial
y II thcy thought II NJ M likely That
The ieciprocity treaty With Canada
WOULD be PASSED Bnyinc MAS also
puckened partly, and notably In tic
Northwest by the .dry; cold weather
siost conservative dealers were inclin
I'd 10 ignore these reports as they con-
'idcred I entirely too early o wor-
.tT In other words they realized that
te"ding could be done in April with
tust as good prospects as if done in
4 March AS matter Of fact, there are
farmers who assert that they had bet
ter results when sccdini; WAS done III
Inc last half Of -April than III the FIRST
half The rising trend Was nartlY ar
.eslcd ny predictions that India would
have all unusually large surphis foi
export, as her area Is placed al IS,
re 900 acres. as against 2I.16F.0Oo last
pear wlicn the CROP Was 55l.Ooo.uof
Inter Influences.
lii Tic las, hale Fl INC week wheat
markets continued narrow With unni-
lYu?tant variations. although the near
i1N deliveries were slightly iirinrr
While the distant were conparativoiN
weak This caused no surprise q,
there was a falling on in crop damag'
1"por,s IN fact adviceS from mAn'
TRUSTWORTHY sources Wcrc reasSurinl:
II Svas the consensus that tic rtiuiori
TT damage. by IioSsian nv htd been
q rs Frequently the case cNlG@cratcd
4 md hence il was the general ilnprcs
generals cNpcctfh a. this srason [
Il, of course, reaiized that aouie dot"
liberation is inevitable III SPOTS Ad
wires from OklAhonia aiii iNHnS8s lav
heen especially Vague ana CONNECTING
some reports SUGGESTING that naa
,tres VIII hc Abandoned ana rcsecde
70 corn. oats, etc. nut sttch advice
attracted lii}" If ans. attention. as
Is unreasonable To cXpeet pcyfaC,ry
ma as long as tho abandonment doc
a0t prove greaicr jhnn in average sea
Ions 10 general regret may he na.ii
tHstcd.
,fies. and especially iii NpTtnWcstcr
liarkets svaa largely attributed % cor
sinied insignificant receipts. aIid pal
tcliiarjy a Dulnth. where they ilay
ar.n approximately Tb per dcnt IL:
II man . wear ago. THIS is pHrily tract
nble to the fact THAT tlic teiri.oi
IDLY kcrth Dakota had nncidedl
imited surplus this Season. ana. NOR
ryer, jitnncapolis and other large mil
Ing centres nave been pa%ing big -"
NUNS to obtain prime wheat ratb
than 70 see IL shipped out via Dl
iufiL BESIDES there is further tai
regarding the dry and unseasonab