Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-02-14
FURTHER DECREASE
IN VISIBLE SUPPLY
Much of the Wheat I'm This Country
and Canada Now Controlled by
Great Britain.
Especial to The Times DisBatch.l
u liz, AGO I..l.riI.lr.. IL Il In. d

Especial to The Times Dispatch.
CHICAGO, February Isl further
decrease in the visible supply Of wheat
OF the United states is likely to be
officially recorded Tomorrow morning.
There are now i'm the show windows
67.llS.000 bushels, which is more than
100000 bushels in excess OF the cor
responding time last year. 1t is cX-
pcctcd that the figures posted on the
Board of Trade tomorrow morning
Will show II further decrease OF pos
sibly 100000 bushels compared with
a decrease for the corresponding time
last year of 3.30S.000 bushels.
1t has been said all along that q
great deal of the wheat in the visible
supply of the United States and Can
ada is controlled by representatives
OF Great britain This is the case.
pccially in Canada! With the liberal
export clcarances from North America
last week, the supply of breadstnns
on tn. oceau'is likely to show a further
Increase over the i2.54i.OOO bushels as
the total last week. For the CORES
ponding time last year, the total
amount ahoat was i3.50O.0O0 bushels.
II is also said that Of the 5.3T2, 900
bushels Of wheat held Ia Chicago
houses the larger part Of this grain has
already been sold to 20 out. and that
it Will Ice cleared ut the opening OF
navigation.
Primary aud Southwestern receipts
have been Kept small by unusual
weather conditions in the Northwest.
There Will he less competition in the
matter OF purchasing brcadsiums for
export than.at any time since the con-
iiict abroad broke out. The rcprcsen-
tativcs Of Great Britain have made
preparations for the purchasing OF
grain in all positions. and they VIII
establish agencies at Chicago for the
purchase of wheat and coarse grains.
"a ..,I.
purchase OF wheat and flour.
y well-known Eastern exporter. who
was In Chicago on saturday. Said that
tho agents acting for Great Britain
viii not only cninmandccr any vessel
room available. but that they will
take the ships that are possibly wanted
for other countries and uso them for
the transportation of wheat or other
breadstuffs. most needed by Great nri-
tain and its allies.
Holland has made big purchases OF
flour In the country. and considerable
or the -four has been sold by the mill
lers Of Chicago. with the price most
satisfactory. The shipment Of this
commodity will be made during March
and April, and Great Britain will again
be In the market on a Toodly scale
before these shipments are cleared from
United States ports.
While there has been an improved
demand for corn on export account In
| the Argentine Republic, the business
NJ Chicago. az we'll as other sections.
has been rather small. and the domestic
demand has been quite light.
oats have sold in Eoodiy quantities
NJ the scaboarh. as we'll as at chicago,
hut there IL still an enormous surplus
IN Western Canada, and this grain Will
come out sooner or later
Packers report an improved business
in dry Salted meats ON cyport oc
count. which will prov" the PRINCIPAL
hull factor in that market. There has
been It better demand for the lis, in
the pit IN speculative account and the
huyisE there has been somewhat bet
ter than the selling. More attention
has been paid TO lard. and that mar
kct has been under less pressure