Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-10
IMPORTING COUNTRIES
MUST PROTECT GRAIN
1t Ii Going to he No Easy Matter to
Get Shipments Through
War Zone.

CHICAGO! May 9.-Importing coun-
tect the grain on the ocean owned by
them. There have been no cancclla-
tons of shipments at Chicago.
One of the most important bear
helps OF the season, and an incident
mat Is against the price OF all bread
stuifs for the moment on this side of
the Atlantic. is the torpedoing OF the
i!usitania by Germany. This incident
SHOWS that vessels flying the English
nag, or the flag OF any of its allied
nations, VIII meet with some trouble
IN crossing the ocean and passing
through the war zone
shipments of breadstufrs from the
United States for some time past have
necn liberal. and during last week they
were G.Si7.OOO bushels. compared with
2.776.oO0 bushels for the correspondiuu
period year ago. And since July /,
last, the expectations from North
America were 349.70O,0OO bushels com
pared with 219.S13,0O0 bushels for Il
like period year ago. These big OK
ports have been of great service to
the growers of grain In the United
states and Canada. and they have also
been of great service to the business
generally speaking, OF North America
There is only small amount of wheat
possibly be shipped abroad as the
real material available in this coun-
try for export is not over 30 600 OOO
bushels. and with flour included as
wheat. the total is not over 10000. 900
to 100000 bushels
II is feared that the Lusitania Incl
dent VIII drive out some of the more
timid spectators from wheat. corn and
oats. who have been in the market on
a fairly large scale Of late. In case
foreigners are able to take any of tho
oreadstufs across the waters or want
to take the risk, shipments will be
made, az great deal OF the grain
has been sold, and foreigners are in
the gap. and in position where they
VIII be forced to assume all war
risks.
1t has been impossible for some time
past TO secure enough wheat to meet
the demands existing, and IT has also
oeen Impossible to secure round lots
OF hour. because of the scarcity of
wheat. coupled with the unsettled con-
ditions surrounding that market The
fact that the Western receipts of this
grain have been quite large during
several weeks past has been n bcarisb
factor. coupled with tho most excellent
crop outlook. and the bearish gov
eminent report.
The corn market is likely to suffer
with the other grains because of the
Inability Of grain men to make shin
ments abroad for the time being.
Stocks of corn here are large. and
stocks are liberal in the visible sun
ply. In addition to these stocks. there
are large supplies held on the farms
OF the great corn belt OF the United
States.
The oats market is likely to pivot
on the price changes In corn and
wheat Large quantities of that grain
are now held here that were sold
some time ago TO go abroad and II
rests with the foreigners whether they
VIII ne able 10 get this grain out OF
the United States or not.
conditions surrounding the provis-
ION market are moro bcarish than
bullish Stocks OF manufactured hog
products here and IT. the West are
large. The cash demand for meats
is not up TO the wishes of the packers
and the lard market is slow and drag
ging.