The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-04-15

, called experts the opinion prevails thai
| tile winter wheat crop Will probably
prove TO be not far from Sl0o0pVpd
bushels. against iSo6as.o0o bushels
| wheat markets did not advance as
| rapidly as winter. This was partly
ascribed to the fact thet the supply
OF spring wheat is larger rclativel:
than winter, while the weather mas
hccn fine in the Northwest Hence the
seeding has made excellent progress.
However this Is not Of any great inn
por,amce a; the moment, because !,
would make little or no difference
whether spring wheat was seeded this
week or later For that matter. seed
ing nas often keen done carly in May
with moderately good results. Cable
advice were also rather encouraging,
European markets having moved to d
slightly higher plane. especially Paris.
owing 10 unfavorablc weather IN
France. Since stocks there are light.
thcrs We're the usual rumors Of the
prospective removal of the import duty.
The outlook In Portugal was said 10
be unsatsfa Glory, and larger imports
Into that country may he required
Meanwhile. the experts from yearly all
quarters save Argentina and North
America are Lighter. Hence there will
d"ubtlcsS be a decrease in the quaint.
~ on passage Prospective larger .m-
portatious into France ana rOrtn,;ll
may have a direct bes ring upon oar
red winter wheat since tnose coun-
tries. especially Portugal pr.rer spfl
wheat. Conscqucn,ly n shortage in
our winter wheat crop would be mn
fortunate. IT was small wonder ina,
Inc demand "as far more dctira tor
inlH contracts tnnn for May. Indeed.
many holders who sold out their MAY
were replacing with July. ana conse-
auentiN the May premium lesscnod
sharply in all winter wheat mark OTIS
1t was alleged that nsny lavEs hole
crs OF May in Chicago took ad:yntase
OF IN" opportunity 10 n!os.l wil,cn
was gratifying TO conservative. ,n,r-
chants. who feel that the market IS
now in much healthier condition as
demonstrated by the fact that the dir !.
terence between May in New York
auu Chicago widcned out tn cent :.
which is about normal This. IN the
opinion OF some. suggested ia. at last
Ih'caEo was down tn an ordinary. pa
r''E with other markets. As a result
u was reported that COUNT. nlilets
mad been buying more freely in ,.r,.
cage ST. Louis, and other markets..
Exporters have received Fair orders
Tor red winter wheat arl acv,.ral
small lots were bought here ami via
ehltaio. But large business was
prevented by the meaErc offerings and
me scarcity Of ocean freight room
Corn moved upward during TN. week
10 new nigh levels. The strength was
largely in sympathy with ni=her "a :.
Wees from cash markets Throughout
inc West II was claimed ma. there
was almost famine OF prim: com IN
mhitN places, and conservative lnl.l-
ness was greatly restricted Farmers
nave been making small deliveries 10
country stations, nwin; n par. To the
last that they have teen busy VITA
SPRING Flowing and seeding. II IS
alleged tha, in many places farmers
nave pr'ctically no corn to spare.
therciorc, II Is feared that there may
fe continued ararcity during the BAL.
ahcc OF the crop wear. 1t is fair 10
suppose that the consumption will fan
on With the arrival OF fine. warm
weather.
oats have also moved upward as
seeing had been further DELAYED in
many places and cspeciallv in bottom,
lands where tho ground has been too
wet I" Permit OF blowing. etc. IN
pcrters have received larger orders
for Manitoba o'ts. and it is stated thai
approximately 100000 bushels have
heen sold recently for shipment open
ing OF lake navigation.