Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1914-03-20
NeW Crop Prospects

The atmosphere has been SO redo,ent OF spring
that interest in the wheat market shifted largely
from old crop factors to new crop prospects. While
it is early to anticipate the final 1914 production,
the indications of the opening season have brought
the trade to consider the condition OF the all sown
wheat following an exceptionally mild winter. Asia
general statement. there. has been. very small i1t
pairment of the crop and as the acreage is large, the
area remaining to be harvested will undoubtedly ex.
coed that Of any. previous year. ~
The government will not correct the acreage until
the first of May. The April report will give the con-
dition Of winter wheat on the preliminary area
sown. Trade estimates suggest that this condition
will be very close to par, which. would indicates
most remarkable prospective production. 1t is not
expected, of course, that the maximum will be real
lied, but the value of these early reports is in the
margin for deterioration, and that will be a liberal
enc this year.
Soil conditions in the Southwest are said to be
coed, but the great drought of last year robbed the
ground, CT its su5soil moisture, and this deficiency
can hardly be corrected. 1t is true that copious
rains followed the drought, permitting termination
OF tho seed and q luxuriant growth, which has been
a feature of trade journal comment and private re-
ports. In spite of its seeming nervousness, how.
ever, the seeds were terminated by surface moisture,
and the, stand. while thick, is not deeply rooted. Ere
quent rains will be necessary in order to check "a
recurrence Of drought fear, If nothing worse, but
with normal climatic conditions. tile country is IN
the way to produce a crop we'll in excess Of last
years phenomenal total. r @ sE@ tsf3a
In he&Northwest the season for farm work is at
hand. With one possible exception soil conditions
are considered good, and farmers will soon DC pre-
pairing the seed bed for the biggest acreage Of
grain yet sown in the three states. The large
amount Of fall blowing has been looked upon as in
rI1rtny - 'v-1r,r 1ihoru0 nvvo~ IT, a. -,a;n.r If.
wheat area. While some increase is believe certain,
Northwestern producers are going to diversity their
crops more than in previous years. especially in feed
ing grains, as the result of the greater interest in
live stock. .. .~2
Old crop supplies Of wheat. are still closely held.
The contract futures in the wheat pit we're exception
ally firm the last week in the. face Of a cessation Of
export business and the excellence of the new crop
promises. Europe, for the moment, appears to he
satisfied with the volume moving from the surplus
countries. and the lack of foreign buying at the sea
board has checked the healthy commercial activity
that has been SO prominent a feature Of the situation.
In spite Of this handicap the price position of last
week was well Observation-Disclosures Tribune.
Some of those Texans may 90. so far as to COM
pose a song entitled Dash! Dash! Dash the Mex
icanCs!" 4oH5 +Aits
ii: &. .1'Li. .rn 4, f
Some of the holders Of New Haven railway stock
are frankly in fear that financial as we'll as physical
wreckage is among the roads possibilities.
The selection of the most ominous OF dates as
the title for his attack OH high finance has not yet
caused Friday the Thirteenth to be known as Tom
Lawson day.
159
The announcement by Senator Root that popular
Uovorrn,ontt iS orUonivod GOLF oo,kso 5hoe&n ouhakav-e
tial and sapient ring that is not preventing q rum.
her of people from making INQUIRY M To what the