Pine Bluff daily graphic., 1914-10-30
RICE WAREHOUSE
 BULGE WITH GRAIN
Threshing Near End-Ar- kansas Growers Holding
 for Better Prices.
Continued favorable weather durino

continued favorable weather during the past week on the coast and in 'Alhdnsas mas enabled the rice farmers 10 bring threshing pretty well to a close on the coast and to make a good start ln Arkansas. Honduras is practically all threshed on the coast and the warehouses in Louisiana arc beginning to fill with Japan and Blue hose. Yields of Honduras in Louisi- ana are reported disappointing. bnt Blue Rose is well up to expectations On the other hand, Blue Rose has nIt done as we'll in Texas, but Honduras IS 1a1rly up to expectations. Tn Ar Kansas it is said that Honduras is not yielding as well as was expected
 Chief interest centers on the mar ket. The statistical position of rice Is such that million sacks more or less would make very little difference. The prospective supply for American consumption is confined to the do mestlc crop, estimated by the govern ment at 6,0O0,000 sacks which is equivalent to approximately 6,OOO 900 pocKets Of clean as against a 5istribu- tlon last year of 9,775,00o pockets, brewers included
 Recent advices from England as to the state of the rice market indicate that the price of rice is so high that the United States may get into Cuba with its low grades at a very high range of values. while there is no DOS slbillty of foreign rices competing With American rices below a basis of $4 a barrel for Honduras and close to that figure for Blue Rose and Japan.
 A feature of the present rice mar ket IS that Blue Rose is the fayorite o ma basis of close to $350 a barrel for the rough, while Honduras and Japan are comparatively neglected Blue Rose is popular because it close ly resembles Honduras and the mill yields are higher than in the case of Honduras and Japan. Only 17 per cent of the crop is Blue Rose, accord ing to Secretary Leguence of the Rice Millers' association, but it is be- lieved that the yield is close to twelve sacks to'the acre, as against less than nine sacks for Honduras Blue I,u1e is receiving more attention from the millers, and must inevitably grow scarce before long, which means high CT prices and more attention paid to the other varieties.
 Farmers are holding very strongly for fair prices, both in and ou. of the association. The pressure to sell is not as strong as might reasonably be expected under the circumstances.
 A 6icuJintipo yLot foof,,ro ic tbo Arkansas situation. The Arkansas Honduras is of high grade and it is being sold at the present time on basis of about $3.25 per barrel, and predictions are made that lower prices will prevail. Warehouse room in Ar kansas is limited and the Arkansas rice belt banks are financially weaker than usual this year. It is therefore feared that many farmers will have to cut loose their rice as soon as it is threshed at whatever they can get.
 The Southern Rice Growers associ- ation continues to advise farmers to hold for fair prices, urging that Hon. duras will come back when Blue Rose is exhausted and that present condi- tions justify $35O for Blue Rose and S3.25 for Japan. The association is selling an average of about 5000 sacks a day. mostly Blue Rose and Japan, at full prices That the association position is regarded favorably by farmers is shown by the number o: contracts being received daily from all parts of the belt.
 A better feeling is indicated by the fact that more mills are running than were running week ago. In Loulsl- ana. the mills of the Louisiana State Rice Milling company are said to be all running and many of the Texas mills have started up. In Jefferson county the Nederland rice mill is running, and the extent Of its opera tions is shown by the fact that it will begin running night shift on Mon day. The other Jefferson county mills are running.
 Wa alsn give complete satisfaction