The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-03-04

eTpool. which market was decided.
strong, being Influenced by snuller ex-
ports from argentina than had beci
| anticipated. only l.5I6,000 bush els, o,
roundly 100000 bushels less than IL
the same week last year.
! In the past two months the exports
from that country have aggregated
I only t2So.eo0 bushels, whereas in the
| same period last year the total was
ls,Slo,9oo bushels. Part of this fallins-
| OFF was caused by the bad weather the
strike and the inferior quality. More
over. Russia and other exporting coun-
tries have been offering VIII al. slowly
for forward shipment. and generally al
| higher figures. and therefore i, is en-
pectcd that The worl1's shipments will
continue light for several weeks.
Meanwhile, receipts in Western primary
points have been small, while ship
! ments into consumptivc channels have
been somewhat larger. Shipments out
OF Minneapolis were notably large, a
decidedly unusual thing, and on inves.
! LEGATION IL was found that country mill
ers had been buying with unusual fr,e-
dom there, being unable To get prime
wheat in regular territory.
Buoyancy was also created by the
bullish Modern Miller report, in which
II vas stated that the appearance OF
the growing plant was not entirely
healthy. Besides, the report plared the
/ farm reserves al only ili.3lI.Uo0 busll-
els, OF over 5000, 900 bushels less than
Shows corrected figures. Advlc~s from
highly credible sources in Kansas state
that tho recent reports as 10 Il probable
crop Of l.o.00o,000 to 125,000,000 BUSH
els ware greatly exaggerated, but new
crtheless the outlook is favorable for
a good production and, barring acci-
dents, the total may be fully 10000, 900
bushels or slightly more.
There have been fair export orders
here for domestic and Manitoba wheat,
the latter mainly low grades, hut free
trade was checked by the light offer
ings and the high prices asked The
scarcity OF freight room is dra wback
also.
Fall and Rise OF Corn.
EARLY in the weak corn was quiet,
with weaker drift, owing partly to
liberal primary receipts and the big
increase in the visible supply. but later
on there was radical change. prices
advancing somewhat sharply, as Offer
nss were light and demand more spir-
ited Buying was Tu,ckencG, partly
by reports OF decreasing deliveries by
farmers at country stations. but largely
by the exc acdlngly bullsh tenor OF
i,i''H'c t'I'ltS respecting ljT1n re-
serves. which. according to one csti-
mate. are only 7S0.47l,000 bushels,
against 1.lGS.o35,0oo bushels year ago.
This shows enormous consumption and
makes ii evident that available supplies
VIII he down to low level before
tho new crop can be harvested There
nave been fairly large orders hare for
cash corn for both domestic ami EXPORT
account but business was hindered by
the mcagre supply on offer and the
higher prices asked.
Oats.
oats hava also advanced. owing large
~ to tho insignificant farm reserves.
winch arc placed at 2@2.3GG,0Oo bushels
against iil.5ls.o0o bushels n year aro.
Native oats have become so scarce and
neaf thai IT. has been possible 10 seiI
manitoba oats here and in Boston.
duty paid, and a moderate business was
accomplished.