The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-09-15

and Canada and other countries arc
offering more freely for forward ship
mcnt at low prices. 1t is, therefore,
| believed that the worlds shipments
Will show enlargement this week, and
probably for the next two or three
weeks. Notwithstanding tho facts de-
scribed. conservative merchants feel
friendly toward wheat, believing IT to
be lntrlnStcally cheap AS domestic
proposition. In other words, the great
scarcity of corn and the lighter pro-
auction of oats. potatoes, etc, Will
greatly increase the consumption of
wheat.
Toward the close, selling was part
ly prompted by beneficial rains over
large area, especially i'll tho South
west. which will, of course. enable
farmers TO make good progress with
blowing. The weather In tho North
west has been cold for the season, oc-
casionally being ut or slightly below
the freezing point on both sides of the
border. but this has created little. IL
any. apprehension. as it is realized
that the wheat is. as n rule, too ripe
and dry. even in Canada, to suT6.
The Weeks Corn Market.
Corn markets during the week were
broad and active. Large dealings, en-
bracing active liquidation for both ac
counts. having resulted In rapid and
occasionally violent fluctuations Tenn
ancy as short sellers were anxious TO
cover anticipating bullish govern
ment report. The condition given, COL.
was virtually the same AS estimated
by traders. and this suggested q total
OF 1851. 100000 bushels. whereas few
bullish spectators had predicted less
than 2,300oO0.00o. It should be borno In
mind however. at this juncturo that
these figures arc based on the original
acreage. 1o6.SS4.ooo. whereas 1t is well
known that many acres In tho South
west have been abandoned, and Will
doubtless be sown to winter wheat,
Therefore, 1t is possible that the Anal
official report will show still smaller
total. Slightly weaker tendency to-
ward the close wns partly attributed
to fairly large primary receipts. and
partly to beneficial rains over n wide
area, AMI especially In tho Southwes
and notably in Texas While this was
gratifying In n way, II was not be-
lieved that the rain could possibly in
crease the yield of corn. but it may
make important Improvement in pas
turagc. Some weakness has been caused
by uncertainty As to the effect of the
proposed change in the tariff. Should
the duty be lowered or entirely re-
moved. IT is conceivable that more
corn would be imported from Argen-
tina. Well-ir formed dealers nre aware
that this Will depend upon the course
OF prices both here and In Bucnos
Ayrcs. Should values here remain At
or near present high levels more corn
may be brought from Argentina by
glucose makers to be re-eXported
later, but. it is declared. that Argen-
tina corn is not so desirable for do
nestle use ms native corn, and hence
none MAJ he imported for domestic
consumption unless our prices go still
higher
Oats have beer. slightly weaker, as
the visible supply is large and the Of
fetal crop report favorable. the total
being placed at 100000, 900 bushels.
whereas many had expected not much
over e00.00o,000 bushels. In addition.
some oats are being imported from
Canada Should the duty be lowered
or removed, still larger Quantities may
be imported assuming. of course. prices
in Canada 10 not advance.