The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-04-26

be largely increased, it Is but reason
able to expect that America win no
face q shortage and what IL for expor
will be for the allies. Argentine weather
generally clear and cool. Corn harvest
Ing extending and blowing for othe
grain is progressing and it Is prob
able that there will be liberal exten
sion in wheat acreage. European
weather is becoming springltke anC
reports agricultural selections no
flattering. Modest yields expected and
next seasons needs will be large, not.
withstanding retrenchmenf.
Weather Map.
Canadian northwest--24 20 81 above
mostly cloudy; Calgary .0S; Swift
Current 90; Regina 20.
Duluth 10; st. Paul .02; Moorhead
.02; Rapid City. showing, .0S.
West--30 to Al above. cloudy.
Southwest-40 TO "a above, cloudy;
Wichita. raining, .04; Oklahoma City
IL: frost at Kansas City.
Ohio Valley-42 to so above. mostly
clear.
Crop Report.
01lHuS6lpOIiSs-N al DuSOH
ton crop report: In the states Of Min
nesota, North and South Dakotas
seeding has been considerably retard-
ed during the past week because of
rain and snow, and drying weather Is
now needed. The farmers seem espe-
cially energetic and are taking adj
vantage of every opportunity to COM
plete their work. Our reports indicate
that the ground is in much better
shape than last season because Of the
large amount Of fall blowing. With a
week or fan days OF good drying
weather nearly all of the wheat acre
age would be seeded. In Minnesota
seeding will average from 80 to 80 per
cent completed In the southern por-
ton. the central part about so per
cent and the northern from 30 to 40
per cent. In South Dakota 1t ID from
ten days to two weeks behind last
year, but this is not serious. We esti-
mate the average of small grain seed
ing throughout the state about 40 to
SO per cent completed. Undoubtedly
there will he an increase in harley
acreage as we'll as corn and oats. In
our southern territory some Of the
early sown grain is up and in good
condition. Our North Dakota agents
in the fax territory believe there will
be a small increase in the acreage.
. b
Grain Receipts in CARROTS.
Chicago.-Wheat AZ, last year S11;
corn q. last year 1870: oats 49, last
Minneapolis Wheat sss. last year
1877.
Duluth.--Wheat IS, last year Z.
Winnipeg.-Wheat 414, last year 164.
o." Herald.
Chicago-So long as the allied gov
ernments buy futures Of wheat and
oats as they have been credited with
the last three days, the surplus Is
ford to pay the big premiums for cash
wheat as they exchange them for fu-
lures which show large profits. The
giving up Of oat futures in exchange
for the cash grain yesterday was said
to have been very large. A revival OF
the oat trade has come at last. For
the last two days large buying has
been a feature and the opening of lake
has enabled large ship
ments. A disturbed short interest
combined with advances in other
grains started rush of buying yes
terday that made 1t more interesting
for the bulls. The advance necessitat-
ed cutting down of the cash premium
for standards Of 1-2 cents. With
drawals from store Tuesday were $780,
600 bushels, standards and cancella-
tions 100000 bushels.
Stocks.
New York-The rise in stocks was
made much easier by the reason OF
the considerable short interest. The
selling OF steel in the expectation
that the corporations would shortly
hays. to accept much lower prices for
United States government needs, has
reached large proportions and the
price was run up 1-S points for the
steel shares. Call money was easier
on the discovery that payment for
$3.50 ,00O,O treasury certificates has
been arranged with view to causing
no disturbance in the market.-Herald.
suIIish Operations.
New York--Bullish operations are
expected to continue accelerated by
bear covering, the actives still show
ing signs Of heavy oversold condition.
u. $. Steel and Independent steels are
likely to lead. Coppers and motors are
rejecting the demands Of q trapped
shortage. The report that the United
States government il about to buy
300, 900, 900 pounds Of copper at the
market price may force another sharp
RISE. Pool channels are bullish in
sugars, smelling, Central Leather and
Marine preferred.-K. F. Co.
Grain Opinions.
Ware and Leland-Consider It
time to be cautious as after such an
advance q material setback could
occur.
Lamson Bros.-The uncertainties Of
war and growing crops suggest the
greatest conservatism in trading.
Thomson McKinnon-The market
Is still very nervous. suggest great
caution.
O'Brien - Until premiums show
signs of weakening it will be hard to
ret lower prices. / would think it
rather dangerous to follow the adj
vance further.
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